Cash flow in the stock market in the first half of the year did not pay much attention to residential real estate stocks and most stocks in the industry tended to adjust downward.
Part of the reason why the price movements of real estate stocks decreased is because the business results of this group are often slow in the first half of the year, thus not creating enough good effects on investor psychology.
In the second half of the year, experts from VNDIRECT Securities Company expect that market sentiment will be supported by the acceleration of business results of businesses due to promoting home handover activities to customers. However, it is difficult to expect a strong increase in this group in the second half of this year, but the recovery trend will be slow and gradually clear when the business and financial situation of businesses improves.
VNDIRECT analysts believe that investment opportunities in real estate stocks will diversify. Businesses that have proven in the past to have good project implementation capacity, fully legal projects, and sales in recent times will be potential investment opportunities during this period.
In addition, businesses have good growth prospects in the coming period thanks to efforts to promote site clearance activities and pay land use fees at large projects in densely populated locations in Vietnam. Ho Chi Minh City area and neighboring satellite cities will bring prospects to investors, especially businesses with good sales ability thanks to prime locations and reputation in the development process of the business. .
On the contrary, businesses that do not have products for sale in the near future will continue to face financial challenges as well as challenges related to legal procedures to qualify for sale due to regulations. The laws are becoming increasingly strict.
VNDIRECT recommends that investors need to carefully evaluate aspects related to the financial health and ability to complete legal procedures of ongoing projects to choose a suitable real estate enterprise. for your investment decisions.
Analysts from VPS Securities Joint Stock Company (VPS) assessed that in the first half of 2024, the real estate market in Vietnam has shown a positive recovery. However, the real estate market is forecast to still face many difficulties ahead. New regulations on outstanding loans and real estate equity in Decree 96 and the Real Estate Business Law 2023 make it difficult for real estate businesses to raise capital through bond issuance due to regulations. more strictly defined.
VPS experts say that the real estate market is predicted to still face many difficulties ahead. Accordingly, although the real estate market has bottomed out, there are still many difficulties and many businesses are slow in paying bond debt. As of July 15, more than 80 businesses delayed paying interest or bond principal with a total value of delayed payments of about VND 43,500 billion in the first 6 months of the year.
