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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.

Ministry urges strengthening of anti-money laundering in realty

Ministry urges strengthening of anti-money laundering in realty

The Ministry of Construction has recently requested the Departments of Construction in cities and provinces to urge enterprises in the real estate sector to report suspicious transactions and cash transactions worth 300 million VND (13,000 USD) and above.

HoREA urges early listing of valid property projects

HoREA urges early listing of valid property projects

VOV.VN - The Ho Chi Minh City Real Estate Association has called upon the city to broadly publicize property projects that are valid to bounce back construction, in order to lessen psychological impacts on both investors and customers.

Operation, management of HCM City apartment buildings to be inspected

Operation, management of HCM City apartment buildings to be inspected

As disputes between apartment residents and developers are cropping up in Ho Chi Minh City, the Ministry of Construction and the National Assembly’s Committee on Law will inspect the management and operation of several apartment buildings in the city at the end of March.

Ho Chi Minh City in property boom

Ho Chi Minh City in property boom

The HCM City housing market will continue to grow this year, especially the VND1 billion (US$44,000) condo segment, the HCM City Real Estate Association (HoREA) has predicted.

Association urges real estate firms to list

Association urges real estate firms to list

The HCM City Real Estate Association (HoREA) has recommended real estate companies transform themselves into publicly listed joint-stock businesses so they are able to seek greater funding to improve business performances in 2018.