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Difficulties of local property developers mean opportunities for foreign investors

Foreign investors have been flocking to Vietnam to hunt for real estate projects, which is believed to help warm up the market. However, the market price would be forced down by 50 percent at least.

 

Real estate troubles raise serious debate

Arguments regarding property market development, the government’s supportive measures and market perspective were bandied about by scholars, developers and property consultants in a VIR-back [ … ]

   

$1.44 bln in aid for house-buyers to take effect June 1

Members of the public will be able to borrow loans at only 6 percent a year to purchase social houses as of June 1, according to a circular released Wednesday by the State Bank of Vietnam an [ … ]

   

Cheap home loans for low income earners

From next month, low-income earners and investors can access preferential home loans of 6 per cent.

   

Second home market’s second hope

Despite Vietnam’s real estate downturn, the second home market is still considered a potential segment for many developers and investors.

   

Foreigners in no rush to buy property

Five days after the capital city agreed to grant certificates of land-use rights and house ownership to overseas Vietnamese and foreign home buyers, there have been no signs that anyone is i [ … ]

   

Outlook bleak for real estate sector

The Vietnamese property market is expected to continue struggling for the rest of 2013, with hopes of a quick rebound looking increasingly unlikely.

   

Real estate sector sees falling investment

The real estate market, which has now been frozen for years, is increasingly causing difficulties for investors.

   

No quick fix for low-cost housing

The Ministry of Construction's proposal to allow housing developers to convert commercial housing projects into low-income housing could benefit both the firms and low income earners, but th [ … ]

   

Home prices still too high for most

 Developers are offering more affordable housing, yet people continue to hesitate when it comes to making home purchases.

   

The rich also cannot buy land in the West Lake’s golden land area

Though the land in the West Lake area is exorbitant, it has been hunted by the rich. The land price in the area and the old streets’ area is the highest in Hanoi.

   

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