The HCM City apartment market went through a supply boom in the second quarter of 2022 compared to a lacklustre first quarter, and is expected to completely recover from by 2023, according to global real estate consultancy CBRE Viet Nam.
The schools in Hoa Vang District of the central city have been given a total of VND1.1 billion (US$49,700) in funding from the commercial real estate CBRE Viet Nam’s COVID-19 rescue fund.
The Ha Noi property market is expected to recover strongly this year thanks to positive performance in the housing segment in the first quarter, according to experts.
The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Viet Nam.
Experts believe that the real estate market is unlikely to fall into a crisis and housing prices will remain stable because market demand remained high while supply is limited.
The Ha Noi office market fared relatively well in the first quarter this year despite the novel coronavirus COVID-19 outbreak, according to CBRE Viet Nam.
The domestic market saw strong development in the landed property segment in the third quarter of this year, according to CBRE Viet Nam’s report on the Ha Noi property market.