Experts believe that positive changes in real estate laws and the policies of the Government will increasingly attract many foreign investors, helping to orient the market to develop in a more healthy manner.

The Hanoi real estate market in the first half of this year saw increases in villa and townhouse prices, although the market was still slow, according to a Savills report into the housing market in the capital released on July 11.

As of June 30, credit expanded 6% compared to the end of 2023 while total outstanding loans approximated VND14.4 quadrillion (US$563.3 billion), a positive signal showing this year's credit growth target of 14 - 15% is within reach, experts said. ​

Prices of condominiums in Hanoi are catching up with prices in Ho Chi Minh City in both primary and secondary markets, according to CBRE Vietnam’s report on the capital's real estate market in the first half of this year released on July 9.

The supply of new apartments in Hanoi increased fourfold in the second quarter of 2024 from the previous quarter, Nguyen Hoai An, Senior Director for the research and consulting division at CBRE Vietnam, said at a press conference on July 9.

The domestic real estate market has bottomed out and is gradually making a U-turn, promising a brighter outlook this year with mergers and acquisitions (M&A) bouncing back.

VOV.VN - Vietnam Townhouse Real Estate Group JSC was honoured as one of the top 10 brands of the year at the 2024 Asia Excellent Brand awards which was held recently in Ho Chi Minh City.

VOV.VN - Vietbuild 2024, Vietnam’s largest exhibition featuring construction, real estate, building materials, and interior and exterior decoration, kicked off in Ho Chi Minh City on June 26.

The real estate market is widely expected to attract more investment in the near future due to many important driving forces, according to economist Can Van Luc.

A ceremony will be held by the Vietnam Association of Realtors (VARS) later this month to honour the collectives and individuals with outstanding achievements in the field.