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The Ministry of Construction has written to cities and provinces urging them to repair and rebuild aging apartment buildings there as the central Government has rolled out a loan package totaling VND15 trillion for housing investors.
A lecturer of Banking University of HCM City has died after reportedly falling from 14th floor of an apartment building in HCM City.
The real estate market in 2020 is likely to face multiple challenges, Nguyen Tran Nam, chairman of the Vietnam National Real Estate Association (VNREA), told the 2019 Vietnam Real Estate Forum on Wednesday.
VietNamNet Bridge - At several real estate projects in HCM City, especially in districts 2 and 7, the number of apartments sold to foreigners has reached the mandated ceiling.
VietNamNet Bridge - Speculators are leaving the high-end apartment market, causing a sharp fall in the market segment.
VietNamNet Bridge - Though demand has increased as foreigners are now allowed to own houses in Vietnam, real estate developers dare not raise selling prices.