Topic: Property market

The HCMC housing market continues to suffer from a lack of new projects, resulting in limited housing supply.

The average rental price in Hanoi is around $5.3/m2/month, and in Ho Chi Minh City, $4.9/m2/month.

This initiative aims to increase transparency in asset pricing and management, prevent tax losses.

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.