Property News

While Vietnam has opened its doors widely to welcome foreign investors to the domestic real estate market, it still prohibits Vietnamese investors to mortgage real estate at foreign banks for loans.

Some experts have cast doubt on the success of real estate enterprises’ reduction of condo sizes to clear stockpiles, saying that the solution may only help reduce financial burden of homebuyers while it still fails to drag down house prices.

Many property investors have converted apartments for sale to apartments for lease to cut the selling price.

HA NOI (Homeid)— Vingroup launched its luxury serviced apartments and villas under its Vinhomes brand, promoting new residential properties and high-end services.

HA NOI (Homeid) — Many property investors have converted apartments for sale to apartments for lease to cut the selling price.

HCM CITY (Homeid)— Only 120 individual clients in HCM City have been eligible to borrow capital from the Governments VND30 trillion (US$1.4 billion) credit package as of September 15, according to the municipal Peoples Committee.

HA NOI (Homeid) — The real estate market in the capital city is showing a positive change, especially in the high-end apartment segment, said Tran Quoc Khanh, a property expert of G5 property trading floor which includes the Viet Nam Real Estate Association and four real estate trading floors in Ha Noi.

HA NOI (Homeid) ― Ha Noi Investment and Construction JSC No 9 (Hanco 9) completed the roof of the Berriver Long Bien apartment complex's central tower on Saturday.

HCM CITY (Homeid)— The HCM City People's Committee has directed district, commune and ward administrations to simplify formalities for home buyers in their respective localities.

DONG NAI (Homeid) ― The residential market in southern Dong Nai Province is being dominated by property investors rather than actual home-owners, according to a new Savills Viet Nam report.