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Limited supply causing price hikes around HCM City

Limited supply causing price hikes around HCM City

Suspended ventures due to lack of ­administrative procedures are instigating a severe shortage of supply and sharp increase of prices of the property market in Ho Chi Minh City, as well as in outskirt areas.

Foreign investors take a shine to VN property market

Foreign investors take a shine to VN property market

In the year-to-date FDI in real estate has been worth US$5.9 billion, the highest level in a long time and second in terms of sectors this year with almost a fourth of total investment, the Foreign Investment Agency said in a recent report.

Condotels still in a grey zone

Condotels still in a grey zone

Despite a recent jump in the number of condotels offered to the local market, buyers are at risk of not being given ownership certificates or red books.

One-billion-VND houses lead HCM City’s real estate market

One-billion-VND houses lead HCM City’s real estate market

The high-end property segment in Ho Chi Minh City is experiencing a lull, with supply exceeding demand whilst cheap apartments and land lots priced around VND1 billion (US$44,000) are in high demand, mostly from graduates and newlyweds.