Condominium market showing sharp sales in Q2 Business

Condominium market showing sharp sales in Q2

The new launch of condominiums in the second quarter of this year (Q2) nearly tripled that of the previous quarter, showing recovery of sales activities, according to CBRE Vietnam's quarterly report on the Hanoi market released at a recent online press conference.
COVID-19: many real estate trading floors close Business

COVID-19: many real estate trading floors close

The transaction volume on the domestic real estate market dropped to a four-year low for Q1 due to the impacts of the COVID-19 pandemic, and many real estate trading floors have temporarily closed, according to the Vietnam National Real Estate Association (VNREA).
Gov't issues instructions on implementation of stay-at-home order Society

Gov't issues instructions on implementation of stay-at-home order

The Government Office on late April 3 issued a document detailing the instructions on the implementation of the Prime Minister’s Directive 16 regarding a 14-day nationwide stay-at-home order and social distancing measures starting April 1 to deal with the COVID-19 pandemic.
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).
HCM City to combat laundering in real estate Business

HCM City to combat laundering in real estate

The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.