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In Vietnam's real estate sphere, optimism emerges despite lingering challenges

In Vietnam's real estate sphere, optimism emerges despite lingering challenges

Against a backdrop of economic turbulence, Vietnam's real estate market is witnessing a tentative revival, buoyed by promising developments and cautious investor optimism.

Vietnam Realtor warns about risks of investment in real estate in Van Don

Vietnam Realtor affirmed that prices of real estate in Van Don island district can only increase by 10 – 20 per cent compared to 2016, while in fact, realtors in this area have driven up prices virtually up to 5 - 6 times higher than the real ones.

Key segments of hotel, villa and townhouse saw vibrant growth in HCMC

The hotel sector of Ho Chi Minh City (HCMC) recorded an occupancy rate of 76 per cent, while the villa and townhouse segment witnessed a year-on-year increase of 25 per cent in sales, according to Savills in its newly launched market briefing on fourth quarter of 2017.

MoF agrees not to tax land use rights transfer

Having encountered quite fierce protests from many organizations about the proposal to impose value added tax (VAT) on the transfer of land use rights, the Ministry of Finance (MoF) confirmed that it would not impose the tax.

Hanoi’s hotel room rates becoming more expensive

Hotels in Hanoi is thriving thanks to the surge in international tourist arrivals, which results in a high occupancy rate and sharply rising prices.

Affordable housing segment forecasted to dominate real estate market in 2018

The Ho Chi Minh City Real Estate Association (HoREA) forecasted that in 2018, the demand for housing worth under VND1.5 billion (roughly US$66,181) would continue to increase.

Condominium market in Ho Chi Minh City recorded sustainable growth as the east and south are forecasted to be hotspots

Even though the total new supply of condominium in Ho Chi Minh City (HCMC) showed a decrease last year, good product configuration helps the market to maintain a good absorption.

Recovering economy and the FDI influx pose pressure on rising office rents

Despite the appearance of new office buildings, large demand has left hardly any space in central Hanoi and Ho Chi Minh City (HCMC), which may continue to see rising rental prices.

Dat Xanh Real Estate approves to acquire over US$60 million golf course project in Cam Ranh

After over seven years, Cam Ranh Golf Course and Ecological Villa project is still on paper.

Sacombank offers million-dollar real estate assets for sale in HCMC and Binh Duong province

Besides the industrial park in Long An province was offered for sale at nearly VND10 trillion (US$441 million) through the auction, Sacombank is also selling many real estate assets worth to trillions VND in Ho Chi Minh city (HCMC) and Binh Duong province.

Fringe office markets become the new prime trend

Dynamic office markets are now more likely to be found outside traditionally prime locations, says Savills, as mixed-use and co-working space becomes increasingly popular, challenging the view that trophy office buildings will be desirable to investors in the coming decades.

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