The number of real estate transactions in HCMC has fallen 49 percent year-on-year in the first three months of 2019.
As conflicts between high-rise apartment developers and their residents increase, some developers are struggling to improve their professionalism in building management.
Real estate projects that use public land in HCMC are now facing multiple obstacles as no specific measures or regulations are available to guide them. The municipal government has had to consult with competent agencies on problematic projects on a case-by-case basis.
The domestic real estate market in the second half of this year is not expected to witness significant changes in price due to stability in supply, according to experts.
The property market in the southern province of Binh Phuoc is expected to heat up because of industrial zone planning from now to 2030, according to experts.
As homebuyers are becoming more selective amidst the abundant supply of luxury homes in the market, a new phenomenon is seemingly emerging as an ideal model which can meet all the criteria of overseas investors.
The real estate market in the first months of 2019 slowed down in both supply and transactions, but entering the second half of 2019, products from approved projects are expected to bloom. Changes in the real estate market also affect the mindset of buyers.
The State Bank of Viet Nam (SBV) has recently made public a draft circular on safety limits for banks and called for public comment on the proposed changes. The circular would tighten regulations on lending, especially in the high-end real estate segment.
The transition to IFRS 9 will be challenging, but with careful preparations, the changes that this reporting standard brings might turn into opportunities for banks, experts from PwC and SAS said at a workshop held in Hanoi yesterday.
Euroterra Capital have made their debut in Vietnam with Denzell as their exclusive partner. The partnership is a keystone to introduce prime development projects in Greece to Vietnam-based investors.