More than half of real estate investors struggling wtih capital issues
Property

More than half of real estate investors struggling wtih capital issues

Ms. Duong Thuy Dung, Senior Director of the Valuation, Research, and Consulting Department at CBRE Vietnam, said that more than 50 per cent of investors have problems with loans for real estate investment. If they continue to borrow, the cost will increase greatly. They want to sell but are unable to do so. If credit is not loosened by 2023, the real estate market will see a sell-off and prices will fall.
Property

Real estate prices in Phan Thiet set to skyrocket

The real estate market in Phan Thiet city, south-central Binh Thuan province, is becoming increasingly attractive to investors thanks to advantages in tourism development, infrastructure, and, especially, the strong possibility of price increases. Analysts believe Phan Thiet will become a “magnet” for investment, and real estate prices will skyrocket when the local airport is completed and the Dau Giay - Phan Thiet Expressway comes into operation at the end of this year.
Property

Dong Nai to auction six land plots before end of year

The Dong Nai Provincial People’s Committee plans to auction land use rights for 105 land plots with a total area of nearly 782 ha this year and in subsequent years. The southern province will complete procedures before the end of this year to auction six land plots with a starting value of nearly VND790 billion ($33.13 million) in total.