Ho Chi Minh City’s real estate market is undergoing a dramatic shift, with affordable apartments priced under $120,000 (approximately 3 billion VND) becoming increasingly scarce. Once a viable option for middle-class buyers, these homes are disappearing as developers pivot to luxury projects. According to VnExpress, 90% of new developments are high-end, with average prices reaching $3,200 per square...
Introduction to HCMC Land Rental Changes Ho Chi Minh City (HCMC) is poised for significant adjustments in land rental prices, particularly for commercial and service sectors. According to a draft proposal from the city's Department of Finance, HCMC land rental prices could increase by an average of 18-53%. This change aims to align rentals more closely with market values, following recent updates to the...
Vietnam Real Estate Market is entering a pivotal phase in the second half of 2024. Experts predict a potential recovery, driven by upcoming legislative changes. These shifts could unlock opportunities for foreign investors. However, outcomes depend on timely policy implementation. This article explores key scenarios, backed by insights from industry leaders and recent market data. Legislative Boost for...
Vietnam Real Estate Market experienced notable shifts in 2024. New laws and infrastructure improvements drove recovery. However, challenges like high prices persisted. This article explores expectations and actual outcomes for international investors. Positive Changes Shaping Vietnam Real Estate Market In 2023, real estate firms struggled with tight credit. Banks limited loans, eroding investor trust....
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