Tag: Real estate prices

Vietnam’s real estate market is experiencing a logjam in liquidity. Analysts have said that as credit and corporate bonds are shrinking, real estate prices may fall by up to 30 per cent. However, the Chairman of the Vietnam Association of Realtors (VARS) remains optimistic that the real estate market still holds substantial potential for development and can grow at an average annual rate of 15 per cent.

Although many real estate projects in Ho Chi Minh City are stagnant due to legal issues or the impact of Covid-19, selling prices continue to head upwards. Over the past year, apartment prices have increased 27 per cent and land prices 42 per cent, or three times higher than in neighboring provinces.