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A lot of the big guys in the real estate sector have offered to sell stakes in real estate projects. It seems that they have run out of patience in the long spell of cold market.
Prices in the Hanoi real estate market, especially the high rise sector, are dropping, but have yet to attract customers.
Property developers from Japan, Malaysia and Singapore still eye Vietnam's real estate market with interest, despite global difficulties and the whirlwind of disinvestment in many FDI projec [ … ]
A view of Phu My Hung urban centre in District 7, HCM City. — VNA/VNA Photo Van Khanh The real-estate market could remain frozen unless the quality of housing projects was lifted to reg [ … ]
After warming up the real estate market, the 'mini-apartment' sector is currently facing a slump as housing prices in other sectors go down.
Experts believe that in spite of the challenges clouding the sector’s outlook, the real estate market is bound to recover over the next two years.
The Ministry of Construction has proposed the government to take necessary measures to restrict the supply in order to help warm up the real estate market.
About 1000 trillion dong sourced from people’s investment, overseas remittance and foreign direct investment has become the dead money due to the real estate unsalability.
[ … ]
Experienced and financially powerful, foreign investors have also suffered from the real estate crisis in Vietnam.
More Articles...
- Govn’t working on relief packages for frozen realty market
- State urged to help turn unsold apartments into social housing
- Govn’t, housing developers at odds over affordable housing
- Oversupply chokes property market
- Housing projects in default may receive aid
- Slow projects under threat of cancellation
- Transition of unsold properties to social housing under consideration
- Central coast property developers face uphill development struggle
- Apartment prices plunge further
- Vacancy rates fall for retail space
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