Ho Chi Minh City and Hanoi are the most attractive markets in the eyes of investors from Asia like Japan, Korea, and Singapore.
Amid narrowing credit sources and rising lending interest rates, property developers have been diversifying their capital mobilisation channels, including calling for foreign investment.
Domestic and foreign investors are pouring money into Vietnam, attracted by strong economic growth and a slew of sales by state-owned and private companies, according to the Reuters.
The legal corridor for social housing development has recently changed towards providing more incentives than it was first mentioned in the Housing Law in 2005.
Low income earners will not be affected by a proposed property tax, which would only apply to those who own property worth VND700 million (US$30,700) or more, authorities said.
Apart from co-working spaces which have already taken root in Vietnam, the market is now expected to receive the co-living trend—a new trend of sharing living space.
Sapa’s upcoming achievement of town status will pave the way for more opportunities for investors in the real estate market.
The northern province of Quang Ninh needs to call on investment in developing luxury tourism and real estate products to meet the high demand of tourists, according to experts.
Dubai-based billionaires are well-known for their billion-dollar investments in luxury real estate projects in Dubai, but many of them have not been successful in the Vietnamese property market.
The quick sale last week of Titia Residences in the Empire City project has again borne out the attractiveness of the luxury segment.
Real estate giants Pham Nhat Vuong and Trinh Van Quyet switched places for top spot as the richest stock billionaire.
The real estate markets of Hanoi and Ho Chi Minh City saw a recent breakthrough when work on several large-scale projects was resumed after long years of delay.
High-end and luxury housing continues to be an attractive segment in the national real estate market, with high demand and a good purchasing scale, experts have said.
Vietnam’s three-year run of growth in its residential property market is expected to continue in the short term, according to a survey conducted by FT Confidential Research (FTCR), a research service of the UK's Financial Times.
Vingroup, Novaland, FLC and SunGroup are expected to continue to lead the property market in 2017. They are all big players in the real estate market, but each of them follows its own way.
One fifth of the "kieu hoi" (overseas remittance) volume in 2015 has gone into the real estate sector, according to the State Bank of Vietnam (SBV).
HCM CITY – It is necessary for housing developers, contractors, banks and State agencies to co-operate in disclosing information about real estate projects to avoid panicking buyers, experts have said.
The real estate market in Vietnam has witnessed a burst of activity with interest from both foreign and local investors.
JLL Vietnam has reported that the real estate markets in both Ho Chi Minh City and Hanoi had a very strong 2016, with multiple new highs recorded in all facets of the residential market.