Property inventory falls to 3,300 apartments in Q1 Business

Property inventory falls to 3,300 apartments in Q1

The country’s apartment inventory was estimated at some 3,300 units by the end of the first quarter of the year, falling 5,700 units compared to the same period last year, according to the Ministry of Construction (MoC).
Affordable housing supply fails to meet goal: Official Business

Affordable housing supply fails to meet goal: Official

The supply of affordable housing for low-income earners in urban areas and industrial park workers has only met around 42 percent of the target, Bui Xuan Dung, Director of the Ministry of Construction’s Housing and Real Estate Market Management Agency, told a recent workshop.
HCM City in need of more affordable housing Society

HCM City in need of more affordable housing

Ho Chi Minh City is expected to need an additional 160,000 social housing apartments in the next decade to meet its rising population and demand for affordable housing, according to the city’s Department of Construction.
Vietnam wary of housing bubble Business

Vietnam wary of housing bubble

Relevant ministries, sectors and localities should focus demand-supply forecast, and be cautious of the property market developments to prevent a housing bubble this year, Deputy Prime Minister Trinh Dinh Dung said at a recent meeting.
Property prices to bottom by mid-2021 Business

Property prices to bottom by mid-2021

The Vietnamese property market is expected to slow down, with prices starting to drop by the end of this year and hitting the bottom by mid-2021, creating opportunities for home buyers sitting on cash, experts have forecast.
Hundreds of millions of USD await to enter Vietnam’s realty market Business

Hundreds of millions of USD await to enter Vietnam’s realty market

The Vietnamese real estate market at all segments continues showing its appeal to foreign investors, and hundreds of millions of USD are waiting to be poured into the market, according to a research conducted by property and investment management services firm Jones Lang LaSalle (JLL).
Green buildings benefit both investors and home buyers Business

Green buildings benefit both investors and home buyers

Green buildings provide more benefits for investors in the long term than normal buildings and reduce the economic burden for low- and middle-income families, according to general secretary of Vietnam Real Estate Association (VNREA) Nguyen Viet Chien.