Property market bustling with M&A this year

Following the tendency last year, Vietnam ’s property market is bustling with a large number of merger and acquisition (M&A) deals that also see the largest volume of trading value.

Urbanisation pushes national real estate market to new levels

The real estate market continues to have high potential due to the nation's rapid rate of urbanisation and steadily increasing demand, Tran Ngoc Chinh, chairman of the Vietnam Association of Urban Planning and Development, said at a conference on the property and real estate financing market held in Hanoi on April 10.

Lower-cost housing shows fastest growth

The HCM City Real Estate Association (HOREA) plans to give priority to the medium- and low-priced housing segment to meet increased demand during the 2010-15 period.

Hanoi to hold property seminar

An international seminar on the real estate market will take place in Hanoi from November 26-28, an official from the Ministry of Construction said on Nov. 9 at a press conference.

Hanoi commercial property booms

The Hanoi real estate market saw optimistic development in the third quarter and the growth trend is expected to continue to the end of this year, Savills Vietnam real estate agent reported on Oct. 5.

Overseas Vietnamese given new property rights

Overseas Vietnamese living abroad who have maintained their Vietnamese citizenship are permitted to own unlimited property, according to the latest decree on implementation of the Land and Housing Law.

Laos to allow expatriates to stay longer

Lao expatriates are likely to enjoy a longer stay in their home country according to a draft decree issued by the Lao Ministry of Foreign Affairs’ Overseas Relations Department.

Real estate boom tipped for next year

Following the announcement of real estate figures in October, the last quarter of this year is predicted to be the best time for property investors in HCM City to accelerate their investment.

Property remains strong, attractive

Vietnam’s property market remains strong and will attract even more investors in the near future, delegates said at a two-day international real estate conference that ended on Oct. 22 in HCM City.

Banks increase retail credits

Bank loans for individuals were on a sharp rise in the first months of the year, mostly attributable to the rally of the property market, according to financial reports by commercial banks.

Local players remain dominate in real estate

Local investors will continue to be the main players in the real estate market in the short and medium term, and will seek assets from foreigners looking to leave the market, an international conference heard on July 26.

Managing director of CB Richard Ellis Vietnam Ltd Co, Marc Townsend, told the Vietnam International Real Estate Conference in Ho Chi Minh City that more real estate assets will be offered for the sale in the near future.