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Update news real estate
Foreign investors have registered to pour tens of billion of dollars into the real estate market, but many projects are still on paper.
VietNamNet Bridge - The construction industry is experiencing good days thanks to the warming up of the real estate market.
VietNamNet Bridge - A large part of capital is still going to non-priority sectors, including real estate.
VietNamNet Bridge - New World, Diamond Plaza and other imposing construction works are considered symbols of a dynamic HCM City.
Foreign capital flow into the real estate market has accelerated M&A deals, but analysts warn that bad debts for property loans are a hindrance in the M&A market.
VietNamNet Bridge – Huynh Quang Khanh invests in real estate by leveraging credit.
VietNamNet Bridge - Chinese capital is heading for a series of business fields in Vietnam. What will the capital bring?
VietNamNet Bridge - The total value of M&A deals reached $6 billion in 2017, a surprisingly high figure.
Some foreign funds are leaving Vietnam after making huge profits from their investment deals, while others are entering the country to seek new opportunities.
While some analysts think that attracting too much FDI into real estate is a problem, others believe that the real estate market has benefited from FDI flow because it helps create infrastructure for economic development.
Next year is likely to be a fiercely competitive one for real-estate companies in HCM City since scores of new projects are set to hit the market, analysts said.
VietNamNet Bridge - The real estate market continues to be bustling, with a series of M&A deals in 2007 and to be made in 2018.
VietNamNet Bridge - Instead of pouring money directly into projects, foreign investors now are joining well-known Vietnamese real estate developers to develop projects.
VietNamNet Bridge - Though provincial real estate developers are less known than bigger firms in Hanoi, HCMC and Da Nang, they are rivals with powerful financial capability.
After 10 years of being left idle, the Vietnam International University Township (VIUT) project proposed by Berjaya is facing closure. Many other foreign invested projects are in the same situation.
Experts have urged state management agencies to take necessary measures to drive the current strong cash flow into real estate out of the market as prices are increasing, depriving low-income earners of the opportunity of owning houses.
VietNamNet Bridge - The stable political certainties in Vietnam and high GDP growth rate have created a firm foundation for the next development stage of the real estate market.
VietNamNet Bridge - Vingroup, Novaland, FLC and SunGroup are expected to continue to lead the property market in 2017. They are all big players in the real estate market, but each of them follows its own way.
VietNamNet Bridge - It is expected that $2 billion worth of investment capital will be invested by Japanese in Vietnam’s real estate sector in the time to come.
Pham Nhat Vuong, president of Vingroup, Trinh Van Quyet, president of FLC and Bui Van Nhon, president of Novaland are developers of the most luxurious projects in Vietnam. They have now jumped into the low-cost apartment market segment.