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Friday, January 27, 2023
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property

Five real estate exchanges suspend operation in one month

HCMC – Five real estate exchanges were shut in late 2022, the Housing and Real Estate Market Development Division with the HCMC Construction Department...

HOREA proposes interest subsidy incentive for homebuyers

HCMC – Prices of many commercial housing units have plunged 50% to around VND2 billion each. However, they remain unsalable due to buyers’ hesitation...

Experts warn of real estate risk in 2023

HCMC – Experts of the Central Institute for Economic Management (CIEM) have forecast that the gloomy global economic picture will continue to affect the...

Real estate transfer tax revenue double in 2022

HCMC – Vietnam has seen a surge in revenue from real estate transfer taxes this year even though the market has almost ground to...

PM seeks to rescue gloomy real estate sector

HCMC – Prime Minister Pham Minh Chinh yesterday, December 14, wrote to ministries and localities, ordering them to step up efforts to eliminate hurdles...

Facilitating capital flows

Vietnam’s stock and property markets are struggling with volatile capital flows. If the situation is not properly tackled, dire consequences would be unavoidable. Coping...

High lending rates dampen housing market

HCMC – Increasing interest rates are forcing homebuyers to make difficult decisions, including selling their homes to pay off their mortgages. Interest rates on consumer...

Vicem Hoang Thach Cement chairman detained

 HCMC – The police in the northern province of Hai Duong recently detained Le Thanh Long, chairman of Vicem Hoang Thach Cement Company Limited.

Obstacles plaguing property development expected to be removed

HCMC – Prime Minister Pham Minh Chinh has formed a working group that will adopt measures to remove difficulties plaguing property projects in HCMC,...

Is it time for REITs?

Real Estate Investment Trusts (REIT) were established in Vietnam’s assets legal system in 2012. However, questions remain behind their unpopularity among investors in the...

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