The demand for housing from foreigners is anticipated to continue, driving an existing upward trajectory in Hanoi, signalling a positive development for the domestic real estate market.
The Ministry of Finance (MoF) has recently proposed imposing property taxes on real estate transfers based on the length of time properties have been owned, but the Ministry of Justice (MoJ) said the idea is not feasible.
VOV.VN - The real estate market is showing positive changes, albeit at a slow pace. However, the dual challenges of the market segment structure and price manipulation must be addressed to ensure sustainable growth.
VOV.VN - Gamuda Land, a major Malaysian real estate corporation, is reportedly planning to develop a new apartment project in northern Hai Phong city, marking the firm’s strategic expansion into one of Vietnam’s key economic and industrial hubs.
Average home loan interest rates may increase slightly from the beginning of this year due to rising capital costs, analysts forecast.
Thailand’s WHA Group has unveiled plans to develop industrial zones and logistics service hubs in Thieu Hoa District, Thanh Hoa Province.
Foreign direct investment (FDI) in the real estate sector for 2024 reached US$3.72 billion, making up 18.8% of the total FDI that Vietnam attracted in the year, second only to the manufacturing sector, reported the General Statistics Office (GSO).
The corporate bond market continued its robust recovery with an average transaction value of VND11.54 trillion (US$453.5 million) per session, up 77% compared to the previous year.
Japan has invested in 5,369 projects worth US$76.76 billion in Vietnam as of the end of the second quarter this year, making it the third largest foreign investor in the country, Deputy Minister of Construction Nguyen Tuong Van told the 9th Vietnam-Japan Conference on Construction in Hanoi.
In the first 11 months of 2024, registered foreign direct investment (FDI) in Vietnam’s real estate sector surged by 89.1% year-on-year, reaching about US$5.63 billion, according to Avison Young Vietnam’s ‘Vietnam Real Estate 2024: A Year in Review’ report.