Homepage

Property

March 24, 2022 | 10:37

Measures needed to control condotel projects

Ban Mai

The condotel market was severely affected by the Covid-19 pandemic after exploding in 2016-2018, which led to supply exceeding demand. Many localities have ended the licensing of new condotel projects. According to Mr. Nguyen Van Dinh, General Secretary of the Vietnam Association of Real Estate Brokers (VAREB), the suspension or tightening of control over condotel projects is necessary for the market.

Measures needed to control condotel projects
Photo: Illustration

Most viewed

More in VET Exclusive

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate