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Update news real estate
The long process of project approval from competent government agencies and the serious impact of COVID-19 have helped mergers and acquisitions in real estate sector become more active.
The Ministry of Construction (MoC) believes the domestic real estate market has overcome the most difficult period due to positive developments in the market as well as the whole economy in the fourth quarter of 2020.
Surges in online orders among other essentials have pushed businesses to look for more storage space with close proximity to their customers.
With uncertainties caused by COVID-19 persisting, gold, stock, and real estate are still promising investments for Vietnamese investors in 2021.
The Vietnam Real Estate Brokerage Association forecasts the housing real estate market in 2021 to have more optimistic developments due to the effective prevention of the COVID-19 pandemic and domestic economic recovery momentum.
The real estate inventories of listed companies increased significantly in the fourth quarter of 2020 over a year ago because many projects were stagnant due to the impact of the COVID-19 pandemic,
While 2020 is believed to have changed the real estate industry, trends in the sector this year are forecast to sustain or be aligned with demand in the market.
Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021.
Real estate prices in 2021 are expected to increase by 10 per cent over the previous year, said Nguyen Van Dinh, deputy general secretary of the Vietnam Real Estate Association (VNREA).
Real estate prices in 2021 are expected to increase by 10 percent over the previous year, said Nguyen Van Dinh, deputy general secretary of the Vietnam Real Estate Association (VNREA).
Real estate developers are actively restructuring their products towards mid- and low-end segments to be more suitable to the real demands of the market.
After a period of strong negative impacts caused by the pandemic, real estate investment activities in Asia-Pacific and Vietnam in particular started to show signs of recovery in the second half of the year,
Many people with money and without investing knowledge have chosen property as a safe haven, helping estate prices still increase despite the pandemic, experts have said.
Legal transparency is believed to be one of Hanoi's strengths.
A recent survey by Savills found that gap of property prices are narrowing between urban and surrounding areas as more facilities are offered to compensate for outer locations.
There is a trend of real estate developers moving their investments from big cities of Hanoi and HCM City to other localities, experts have said.
The added value share of the real estate sector in gross domestic product (GDP) has gradually declined due to its lower growth versus the overall growth of the economy
A policy allowing foreign individuals and organisations to buy and own houses and construction works in Vietnam will help lure investment and high quality human resources from the outside to the country for national development,
The real estate market is picking up in the areas surrounding Ho Chi Minh City as inner-city options become limited and the infrastructure of these provinces is improving.
The recent proposal from the Ministry of Construction to limit new investment in high-end residential property, including villas and high-rise apartments,