hcm city's real estate market

Update news hcm city's real estate market

Nearly 34% of HCMC households unable to afford housing improvements

A recent survey shows that 33.7% of households in Ho Chi Minh City do not have the financial ability to renovate or purchase a home in the next five years, highlighting challenges in urban housing affordability.

Gamuda Land unveils landmark Eaton Park development in HCM City

This weekend, Gamuda Land, one of Southeast Asia’s premier property developers, unveiled the Alpine and Forest Towers at its flagship Eaton Park development in Ho Chi Minh City.

Apartment prices rise in HCMC, affordable housing found in neighboring provinces

The apartment shortage in HCM City explains why apartment prices keep rising. Affordable products can be found only in the suburbs or neighboring provinces.

Dong Khoi Street continues to be most expensive retail destination in Vietnam

Dong Khoi Street in HCM City, the country’s most expensive retail destination, ranks 14th globally, according to a report by Cushman & Wakefield.

Over 1,000 real estate firms return, 1,600 transactions in HCM City reported

As many as 1,051 real estate firms in HCM City registered their establishment in the first nine months of the year, and more than 1,600 successful transactions were reported in the last three months.

HCM City proposes ban on sale of land subdivisions in rural districts

HCM City authorities are considering a ban on land subdivisions for sale in five outlying districts in an effort to combat land speculation amid rising urbansation in these areas.

HCM City adjusts land price framework to end of 2025

After three months of collecting and analyzing opinions, the HCM City People’s Committee has officially released a new land price framework. The sharpest land price increase is 25 percent.

Farmland prices in HCM City could soar by 35 times

Under the adjusted land price framework, expected to be applied in HCM City from now to the end of 2025, the prices of agricultural land in some areas could increase by 35 times.

HCM City’s real estate market shows signs of recovery

Real estate revenue in Ho Chi Minh City reached 173 trillion VND (over 7 billion USD) in the first eight months of the year, up 6.1% year-on-year, according to the HCM City Statistics Office.

HCM City’s real estate market shows signs of recovery, revenue up 6% this year

Real estate revenue in HCM City reached VNĐ173 trillion (US$7 billion) in the first eight months of the year, up 6.1 per cent year-on-year, according to the HCM City Statistics Office.

Ho Chi Minh City seeks to reform land pricing amid real estate changes

In response to evolving real estate dynamics, Ho Chi Minh City is poised to adjust its land pricing framework.

Starbucks Vietnam closes premium store: Rising rent or strategic move?

With its prime location and loyal customer base, the closure of Starbucks Reserve Han Thuyen in Ho Chi Minh City has sparked questions about the role of high rent and other possible reasons behind the move.

HCM City not to create a new land price framework, will make adjustments only

Currently, local authorities are applying the land price framework adjusted according to the 2024 Land Law, the Department of Natural Resources and the Environment said.

Luxury apartment prices double in Ho Chi Minh City over 8 years

From 2015 to 2023, Ho Chi Minh City's real estate market experienced significant growth, with luxury apartments and land plots seeing the highest price increases.

Thousands of homes sit empty amid housing shortage

At least 18,000 resettlement apartments in Hanoi and HCMC are unoccupied, leading to annual maintenance costs of hundreds of billions of Vietnamese dong, according to the Vietnam Association of Realtors (VARS).

Demand for prime retail space on the rise in HCM City’s downtown

Luxury brands are looking for high-quality retail space in District 1 - the downtown area of Ho Chi Minh City, according to Savills Vietnam.

Demand for prime retail space on the rise in HCM City’s downtown

Luxury brands are looking for high-quality retail space in District 1 - the downtown area of Ho Chi Minh City, according to Savills Vietnam.

HCM City apartment market shows signs of coming out of slump: experts

The HCM City condominium market is stirring again after a long stupor, experts have said.

Rental prices for townhouses in downtown HCM City continue to decline

Rental prices for townhouses in downtown HCM City continue to slide due to slowing economic growth so far this year, experts said.

Omnichanel increasingly the solution for sky-high rents

Although luxury brands are still coming to Vietnam, the expensive facades of the central streets of Ho Chi Minh City have been empty at an unprecedented level over the past three years, and the omichannel method is now being favoured.