Topic: DKRA Vietnam

DKRA’s August 2022 Real Estate Market Report shows that products, including apartments, townhouses, villas, and land plots, in Ho Chi Minh City and neighboring provinces have sharply declined both in supply and demand. With the possibility of limits on loans to buy real estate being eased, the market may recover by the end of the year but any change is unlikely in the short term.

The trend of home ownership has taken hold among young people in Vietnam. According to DKRA Vietnam, over the past decade, the proportion of people under 35 years old buying a house has increased 23 per cent. CBRE Vietnam, meanwhile, believes that Gen Z and millennials will be the main buyers in the real estate market over the next few years.