Market News

Hanoi Real Estate Market in 2011: Active but Hard to Predict Trends

12/21/2010 - Housing prices in Hanoi will still rise in 2011 and the rate of returns will remain attractive. However, the property market needs an official forecasting channel to put an end to ‘price blowing’ and sentiment-driven investment, according to many real estate experts at a ...

Vietnam Capital City Announces Land Price Frame for 2011

12/14/2010 - Authorities of Vietnam’s capital city of Hanoi have approved land price frame for next year, which are almost unchanged from this year. The minimum land prices are set at VND2.3 million ($117.9) per square meter while the prices will be VND81 million ($4,150) at maximum. The ...

Real Estate Dealings Heat Up Near HCM City

12/14/2010 - More investors are showing interest in real estate projects in provinces surrounding Ho Chi Minh City like Dong Nai, Binh Duong and Ba Ria - Vung Tau. These localities are expected to be the most active real estate markets in southern Vietnam. Active suburban realty market Binh ...

Hanoi property market profitable for another 10-20 yearsHanoi property market profitable for another 10-20 years

12/10/2010 - Continued price increases and the lack of transparency are considered the two biggest problems of the Hanoi’s real estate market. However, experts still believe that the prices will not decrease in medium term. The information that 252 real estate projects have been put on the...

Hanoi real estate market: both western and eastern areas can bring profit

12/02/2010 - Real estate experts believe that the western area of the city will still be the most profitable area for investors in the time to come. However, the eastern area is also believed to bring good profit. Though the master programme for Hanoi development by 2030 has not been approved...

Hanoi apartment prices expected to cool down by 2012

11/30/2010  - Prices of apartments in Hanoi are expected to drop by late 2011 or early 2012 as an abundance of new apartment projects will go up for sale at reasonable prices. Professor. Dr. Dang Hung Vo, Former Deputy Minister of Natural Resources and Environment, made the prediction...

Property loses golden lustre duet

11/28/2010 - Property prices are likely to dim in comparison to gold and US dollar market pricing fevers. Gold prices on the domestic market increased by more than VND1 million ($50) per tael to the record VND38.2 million-VND38.5 million ($1,910-$1,925) in the early November after the world...

Holiday homes are hot property

11/26/2010 - This year ‘vacation home’ has been the new buzz term in Vietnam’s property circles as the country’s emerging nouveaux riche and property investors look past the cities to the coast in search of a new luxury lifestyle or simply capital gains. As more and more people living in...

New legislation attributed to Hanoi's sluggish realty market

11/25/2010 - The number of apartments offered for sale in Hanoi during the third quarter of this year was just equal to 40% of those available a year earlier. Only 1,900 apartments were for sale in Hanoi between July and September versus 4,600 in the second quarter, according to figures from...

Loans stall for low-income housing projects

11/23/2010 - Builders of low-income housing have been unable to obtain preferential loans from the Viet Nam Development Bank despite Government Resolution No 18 ordering the bank to extend them priority for low-interest loans. Deputy Minister of Construction Nguyen Tran Nam said the ministry...

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