Hanoi to launch new housing projects Business

Hanoi to launch new housing projects

The capital city of Hanoi is expected to launch 11 new housing projects in the fourth quarter of this year, providing the market with 7,900 apartments. The new condominiums are located in the districts of Gia Lam, Hoang Mai and Tu Liem.
Real estate expert proposes policy allowing foreigners to own land Business

Real estate expert proposes policy allowing foreigners to own land

A policy allowing foreign individuals and organisations to buy and own houses and construction works in Vietnam will help lure investment and high quality human resources from the outside to the country for national development, according to Nguyen Tran Nam, Chairman of the Vietnam Real Estate Association.
Q1 real estate market quiet but sees no price decline Business

Q1 real estate market quiet but sees no price decline

The domestic real estate market in the first quarter of this year witnessed the lowest transaction volume in the past four years due to the impact of the COVID-19 pandemic, according to the Vietnam Association of Real Estate Brokers (VARS).
Social housing development fails to meet target Business

Social housing development fails to meet target

Nine social housing projects for low-income earners with more than 4,100 apartments measuring 205,500 sq. m were completed and put into use in 2019, which did not meet the target set by the national housing development strategy to 2020 with a vision to 2030.
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.