Vietnam: When will the real estate liquidity recover?
When will real estate liquidity in Vietnam recover? Experts say that if the loan interest rate is below 10% and remains stable, cash flow will return to the real estate market.
Dojiland holds topping-out ceremony for Haiphong’s tallest building
HCMC – Local real estate developer Dojiland recently held a topping-out ceremony for the 186-meter-tall Diamond Crown Haiphong tower, the tallest building in the northern city. The event was attended by local officials, representatives of project architecture consultants and construction firms,
Some projects are starting to have liquidity again
After a long period of freezing, real estate has shown more positive signs; some projects have begun to have liquidity again. For the past 4 weeks, a project in Binh Tan, Ho Chi Minh City, has increased consumption in the primary market.
Over 500 realty firms exit market in January-May
HCMC – More than 500 real estate businesses had pulled out of the market in the year to May, up 30.4% over the same period last year, data from the Foreign Investment Agency at the Ministry of Planning and Investment showed. The number of new market entrants also dropped 61.4% compared to the same
Around 100 projects eligible for VND120-trillion credit package
HCMC – Around 100 projects have been found eligible for soft loans in the VND120-trillion credit package since it was rolled out one month ago. Speaking at a National Assembly discussion yesterday of the nation’s socio-economic performance this year, Minister of Construction Nguyen Thanh Nghi
VND120-trillion package not for real estate rescue: Deputy PM
HCMC – The VND120-trillion credit package is not intended to rescue the struggling real estate sector but to achieve the target of building at least one million social homes by 2030, Deputy Prime Minister Tran Hong Ha said at a meeting held yesterday, May 24. The package is designed to support
Potential for suburban real estate investment
Real estate in urban areas near Ho Chi Minh City, such as Dong Nai, Long An, and Binh Duong, is considered to be "affordable" and convenient to connect.
HCMC seeks to convert certain non-agricultural land into residential land
HCMC – Some 684 hectares of non-agricultural land could be converted into residential land, according to the HCMC Department of Natural Resources and Environment’s 2021-25 land use plan just submitted to the municipal People’s Committee. The department plans to convert nearly 9,900 hectares of
Can the real estate market recover in the last 6 months of the year?
Capital and legal issues are the two biggest obstacles in the real estate market. When these two knots are removed strongly, the market will have the prospect of a gradual recovery in the last 6 months of the year.
HCMC builds roadmap for issuing apartment ownership certificates
HCMC – The HCMC Department of Natural Resources has mapped out a plan for issuing ownership certificates to 81,000 apartments, reported the Vietnam News Agency. According to a report sent to the city government, the department divides commercial housing projects into six groups. Of which, group 1
'Da Nang City Vietnam has many opportunities to develop high-class real estate'
Tourism, infrastructure, and economic breakthrough create advantages for Da Nang City, Vietnam, to develop high-end projects, according to a Vietnam Real Estate Association representative.
The investor of the Aqua City project lost 136 billion VND
Aqua City Co., Ltd - an enterprise owned by Novaland with 70% of capital - last year reported a loss of 136 billion dong, while in the same period announced a profit of more than 730 billion dong.