The real estate market in 2025 will facing a transformative phase as newly enacted laws bring opportunities and challenges. While stricter regulations enhance consumer protection, higher land taxes and fees raise concerns among smaller developers struggling with increased capital demands for upcoming projects. Scouting for qualified investors The introduction of the revised laws governing housing, land, and real estate business is expected to usher in a more structured property market. According to Pham Thi Mien, deputy director of the Institute for Market Research and Evaluation under the Vietnam Association of Realtors (VARS IRE), many of the sector’s current hurdles stem from legal ambiguities. The revised laws aim to improve the overall quality of market supply by filtering out underperforming or non-compliant companies. Greater transparency in project information will allow investors and homebuyers to better assess the true value of properties, reducing associated risks. However, these changes come with added financial pressures for developers. The new land pricing mechanisms have increased the costs tied to securing land for housing projects. Expenses related to compensation, site clearance, and land use fees—already significant contributors to development costs—are expected to rise, creating short-term challenges for developers. This evolving legal landscape presents a significant challenge […]
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