Real estate market
Market is quiet but house prices remain high
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HCMC - Recently, although the market has been sluggish, housing prices have still established a new price level, so it is difficult to reduce them without improving supply.
Shocked when land prices in the suburbs of Hanoi "dance"
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Land prices in suburban districts of Hanoi have recently been pushed up, in some places exceeding 100 million VND/m2, making many people dizzy.
Profit of billions when buying a house in an alley in Hanoi after a few years
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Hanoi - Many owners have made billions of dong in profits after buying houses in alleys in the capital after only a few years, even though the current condition of the buildings has seriously degraded.
Real estate prices increase due to inflation and auctions with no deposits
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Deputy Minister of Construction Nguyen Viet Hung said that the sudden increase in housing and real estate prices comes from three main reasons.
6 groups of officials and civil servants are allowed to rent official housing
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Article 45 of the 2023 Housing Law details the subjects eligible to rent official housing.
2 old apartment buildings in Hanoi for sale at nearly 5 billion VND/unit
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Hanoi - Although put into use decades ago, many old apartment buildings in Kim Lien and Trung Tu (Dong Da district) are being sold for nearly 5 billion VND/unit.
House in alley worth nearly 10 billion VND in Hanoi is continuously for sale
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Hanoi - Many houses in alleys in the capital worth nearly 10 billion VND are being continuously advertised for sale by their owners on groups and social networks.
Solutions for the poor to have access to social housing
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The National Assembly Standing Committee proposed to urgently handle stalled social housing projects and at the same time, simplify purchase and hire-purchase procedures.
Relieving the psychology of waiting, investors pour money into land
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Transactions began to appear with greater frequency, contributing to relieving investors' psychology and making them willing to invest in land.
Second real estate credit tightening unlikely to stop speculation
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In an effort to curb speculation, a new proposal is to tighten credit for second home buyers. However, some say this is unlikely to be feasible.
Apartment standard classification helps reduce "virtual fever" in housing prices
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According to Savills Vietnam, classifying apartment building standards helps buyers correctly assess project quality, preventing virtual fever.
Many challenges for the real estate market in the fourth quarter
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HCMC - The Southern real estate market is expected to welcome many new projects by the end of 2024, but there are still concerns about demand.
Rural land plot 100 million VND/m2, investor cancels transaction
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The land segment in Hanoi's countryside has recently been increasing in price abnormally, causing many investors to hastily cancel transactions.
Many concerns about the proposal to tax second real estate
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Many opinions say that imposing taxes on second homes and lands should only be considered when there are behaviors that negatively affect the market.
Increasing the supply of affordable housing will reduce prices
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If housing supply does not improve, measures to curb property speculation could cause house prices to rise further.
