vietnam real estate market

The real estate market in Ho Chi Minh City has Slowed Down

Since the end of the second quarter of 2022, the real estate market in Ho Chi Minh City has shown signs of "deceleration", slowing down, quiet development, especially in the secondary market. According to information from the Department of Construction of Ho Chi Minh City, there are more than 36,000 construction enterprises in the city, with a registered capital of more than 855,000 billion VND and...

5 real estate market forecasts at the end of the year

The new supply of the apartment segment recorded an increase of 78% compared to the same period in 2021. Meanwhile, the new supply of the townhouses / resort shophouses and the accumulated resort villas in the first 5 months of the year increased respectively 170% and 25% over the same period last year. Limited demand Although the new supply increased, it was not evenly distributed, but...

Why Prices in Hanoi increased faster than Ho Chi Minh City?

According to experts, in the past few years, Hanoi's periphery has continuously appeared "land fever", thereby pushing up the general price of other segments such as apartments, plus combined with other psychological factors the growth rate of apartment prices in Hanoi is higher than in Ho Chi Minh City. Hanoi vs HCMC According to CBRE, in addition to the positive signals of the post-pandemic...

Latest Real Estate Developments in the Thu Thiem Area of Thu Duc City

In the first half of 2022, land plots in Thu Thiem area showed signs of slowing down, while the supply of apartments skyrocketed. The latest report of Cho Tot shows that apartments are the type of real estate with the largest supply in Thu Thiem ward in the first 6 months of 2022. After the first 4 months, the supply is relatively stable. and there were not many fluctuations, from May 2022, the supply...

What is Considered as “Fair Wear and Tear”

'Normal wear and tear' in Vietnam is usually the benchmark for what is 'acceptable' in order to get your security deposit back. These are 'expected' conditions such as small marks on the wall or small nail holes (not excessive amount). Anything more than the normal wear and tear may result in partial or full loss of your security deposit. What is classified as normal wear and tear? Each...

How the Mind of Real Estate Buyers Has Changed in Vietnam

After several months of implementing Directive 16 in Ho Chi Minh, the housing market was compressed. Now, when the social distancing has been eased, the market has started to become active again, although the volume of "single closing" has decreased, the high value transactions have increased. Since the end of July, when Ho Chi Minh implemented the distance according to Directive 16 of the Prime...

New Real Estate Buyer’s Criteria Post-Pandemic in Vietnam

Under the influence of Covid-19 and the context of the prolonged social distancing, it has caused a strong impact on customers' psychology and the decision to buy a home in the near future. People today expect to live in a modern city, with diverse facilities - international standards, near schools, hospitals, and places that provide essential services and health care, rather than concentrated in urban...

Vietnam Encourages US Enterprises to Invest More

The member of the Political Bureau and head of the Economic Affairs Commission of the Central Committee of the Communist Party of Vietnam, Tran Tuan Anh, today urged American companies to continue expanding their businesses and investments in the Indochinese country, while strengthening the bilateral cooperation in sectors of mutual interest. The official made such a statement when he met today...

Rent Apartment in Ho Chi Minh City : 12 Points To Remember

Mr X from Texas received a job offer which requires him to move to Vietnam. Though the offer looks great and the whole experience seems adventurous and promising but still he is in two minds. After all, he has a family and wishes to have a safe and secure future in a new country. Ho Chi Minh is the largest and most cosmopolitan city in Vietnam. It has always attracted foreigners from all over the...

How the Phsycology of Real Estate Buyers in Vietnam Changed

After several months of implementing Directive 16 in Ho Chi Minh, the housing market was compressed. Now, when the social distancing has been eased, the market has started to become active again, although the volume of "single closing" has decreased, the high value transactions have increased. Since the end of July, when Ho Chi Minh implemented the distance according to Directive 16 of the Prime...

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