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LAND PRICES IN HO CHI MINH CITY ARE ABOUT TO ADJUST UPWARDS, WILL HOUSING PRICES ‘ESCALATE’?

If approved, the price of land in Ho Chi Minh City will increase sharply. In some cases, directly affected by new land prices, housing prices will also increase.Groups of people directly affectedRegarding the draft decision to adjust the land price list in 2020 of the Department of Natural Resources and Environment of Ho Chi Minh City, many opinions are concerned about the increase in land prices,...

VIETNAM’S NEW HOUSING LAW: BREAKING THE MOLD

Vietnam’s Housing Law of 2023 represents a bold step forward in addressing the nation’s housing needs. By expanding eligibility, empowering local authorities, and introducing financial mechanisms to bridge the urban-rural divide, the law is poised to make a significant impact. Hanoi Capital City and Ho Chi Minh City are leading the charge, each with their unique approaches and challenges.Vietnam’s...

3 LAWS RELATED TO REAL ESTATE HELP THE MARKET FIND BALANCE?

The real estate market has been in a state of misalignment for many years, high-end housing is overwhelming. Experts expect 3 laws related to real estate to help affordable apartments and social housing return.Market supply and demand continue to be imbalancedMr. Le Hoang Chau - Chairman of the Ho Chi Minh City Real Estate Association (HoREA) - said that the fact that hundreds of commercial housing...

EXPERTS SUDDENLY FORECAST APARTMENT SELLING PRICES IN THE SECOND HALF OF 2024: HANOI WILL INCREASE BY 22%, HO CHI MINH CITY INCREASED BY 5%

Ms. Nguyen Hoai An - Senior Director of CBRE Hanoi forecasts that the growth of secondary apartment space in Hanoi is expected to slow down with selling prices at the end of 2024 expected to increase by about 22% year-on-year. In Ho Chi Minh City, primary prices are expected to increase by about 5% year-on-year, contributing to narrowing the gap between primary selling prices of apartments in Hanoi and Ho...

WHEN WILL THERE BE A DECREE OR CIRCULAR GUIDING THE LAWS ON REAL ESTATE?

Leaders of the Ministry of Natural Resources and Environment shared decrees and circulars related to the amended Land Law that have been developed in the process of making laws. The effective period will be at the same time as the Land Law.From August 1, if approved by the National Assembly, new laws including the amended Land Law, the Law on Real Estate Business, the Law on Housing and the Law on Credit...

WORRIED THAT HOUSE PRICES WILL ONLY INCREASE, BUSINESSES WONDER ABOUT HOW TO VALUE LAND

Businesses expressed many concerns about the current land pricing method, which still has many inadequacies. Many opinions say that it is necessary to calculate correctly and fully calculate reasonable costs to solve the problem of house price reduction.At the seminar "Land valuation: Right and sufficient" organized by Thanh Nien newspaper this morning (14/6), leaders of many businesses and experts...

HANOI APARTMENT IS DISCOUNTED BY 300 MILLION VND, SHOULD YOU PUT DOWN THE MONEY TO ‘CLOSE THE ORDER’?

After the "hot fever", the level of interest has decreased, but apartment prices are still anchored at a high level. Should I put down the money at this time or continue to wait?I am 30 years old, from Hung Yen, currently living and working in Hanoi. The couple's monthly income is about 28 million VND. Living expenses per month are about 13 million VND, of which rent and electricity and water are 5...

AFTER APARTMENTS, LAND FOR SALE PRICES IN HANOI ARE AGAIN “DANCEING”

After the “fever” in apartment prices, the land market in Hanoi also recorded rapid price increases after a long period of quiet.As noted by Dan Tri reporter, on many real estate trading sites recently, there have been many ads for sale of land and residential real estate products in Hanoi. Notably, the selling prices of land and residential land in the central districts of Hanoi are all over 100...

‘RICH’ APARTMENTS COST OVER 200 MILLION/M2, OLD DORMITORY HOUSES ARE SKY-HIGH

Apartments in the "rich house" apartment project have the highest selling price of more than 200 million VND/m2, but some old dormitory apartments have deteriorated the price is also over 100 million VND/m2... is the reality in Hanoi real estate market.'Stunned' with apartment prices for the 'rich'Project D'. Palais de Louis at 6 Nguyen Van Huyen, Cau Giay District (Hanoi) was started construction by Tan...

HANOI APARTMENT MARKET COOLED DOWN, THROUGH THE TIME APARTMENTS INCREASED IN PRICE BY DAY

The continuous price increase of apartments in the first months of the year made many people temporarily shelve their plans to buy a house, the market has cooled down since the beginning of April 4.Condominium prices "fever" in the first months of this year. According to a survey by reporter Dan Tri, many apartments in Hanoi have increased in price from 300 to 700 million VND in just 1-2 months. The...

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