Real estate transactions fall on tightened property loan control Business

Real estate transactions fall on tightened property loan control

As the State Bank of Vietnam has tightened the control over real estate loans to ensure sustainable development of the market and safety of the banking sector, property transactions have fallen down in both Hanoi and Ho Chi Minh City in the first six months of the year, experts said at a recent meeting in Hanoi.
Hanoi apartment prices decline Business

Hanoi apartment prices decline

Prices of apartments in the local market in the first 10 months of the year witnessed a downward trend, Ha Quang Hung, deputy director of the Department Housing Management and Real Estate Market under the Ministry of Construction, said.
 Investment climbs in property sector Business

Investment climbs in property sector

Investment inflows into the property sector has surged, especially credit from banks, said Nguyen Tran Nam, former Deputy Minister of Construction and Chairman of the Vietnam Real Estate Association.
HCM City property rebounds Business

HCM City property rebounds

The HCM City housing market is recovering thanks to effective government policies like allowing foreigners and overseas Vietnamese to buy houses, an industry insider has said.
Property sector hopes to heal in 2015 Business

Property sector hopes to heal in 2015

Property companies nationwide geared up their operations right after the Tet (Lunar New Year) holiday, accompanied by high expectations of market recovery this year.