Vietnam witnessed positive development in the real estate market in 2017 with increased transactions of apartments and reduction in real estate inventory.
The real estate market in HCM City has continued its positive growth late 2016 with many new projects launched, particularly in the mid-end segment, in the first quarter of this year.
The real estate sector reported a reduction of 1.45 trillion VND (63.6 million USD) in inventory in February from December, 2016 to an estimated 29.6 trillion VND (1.3 billion USD).
The real estate sector reported a reduction of nearly 3.4 trillion VND (152.5 million USD) in inventory in April, from the previous month, to an estimated value of 41.5 trillion VND (1.86 billion USD)
The real estate sector reported a reduction of 1.75 trillion VND (77.8 million USD) in inventory in January from last month to an estimated value of 49.1 trillion VND (2.2 billion USD).
The real estate sector reported a reduction of 1.75 trillion VND (78.2 million USD) in inventory in January from last month to an estimated value of 49.1 trillion VND (2.2 billion USD).
Vietnam’s real estate inventory was estimated at 67.4 trillion VND (3.13
billion USD) by the end of May this year, according to statistics
recently announced by the Ministry of Construction (MoC).