Topic: Property market

Vietnam's real estate market has become increasingly "attractive" to foreign investors due to the country’s strategic geographic location at the heart of Southeast Asia.

The province has set an ambitious target of completing at least 13,787 apartments between 2021 and 2030.

Under the plan, the province-wide average housing space per person is expected to reach 33 sq.m by 2030.

Japanese cities dominate the list of markets with the most expensive construction costs.

The second key driving force identified by 62.2% of surveyed businesses is the improved legal framework.

Accordingly, commercial housing projects will be implemented through agreements to acquire land use rights or utilizing already possessed land use rights.

A survey on real estate investment trends among Hanoi investors reveals that nearly 50% of respondents expressed interest in the apartment segment in Ho Chi Minh City.

This growth is anticipated to be more evenly distributed across regions.

Code to lead to a more transparent, fair, and sustainably-developed real estate market.

The newly-issued decree aims to stabilize not only the market, but also socio-economic situation.