Real estate prices in 2021 are expected to increase by 10 per cent over the previous year, said Nguyen Van Dinh, deputy general secretary of the Viet Nam Real Estate Association (VNREA).
A conference on real estate market development aimed to discuss businesses’ difficulties in terms of the State''s policies on the real estate market, as well as solutions to aid the market’s stable and sustainable development.
Viet Nam’s tourism real estate market had the potential for strong development, but utilities and services were needed to attract investors, heard a seminar organised by the Viet Nam Real Estate Association this week.
Green buildings provide more benefits for investors in the long term than normal buildings and reduce the economic burden for low- and middle-income families.
The domestic real estate market in the second half of this year is not expected to witness significant changes in price due to stability in supply, according to experts.
Fifty-four businesses and projects were honoured with Viet Nam Property Awards 2018 in Ha Noi last Saturday in recognition of their significant contributions to the development of the real estate market in Viet Nam.
The first Viet Nam Property Awards 2018 is expected to new development trends in the property market, says Dang Hung Vo, former deputy minister of Natural Resources and Environment.
As many as 800 domestic and foreign investors, property businesses and experts are expected to attend the first annual Vietnam Real Estate Forum, which will be held on November 15.
The Viet Nam Real Estate Association signed a memorandum of understanding with property developers on May 26 to build green buildings in the 2017-22 period.
The Viet Nam Real Estate Association (VNREA) has again proposed that the government formulate policies for developing small, inexpensive apartments lesser than 75sqm and cheaper than VND15 million per sqm.
More than 1,000 booths displaying new products and technologies
from 360 enterprises are participating in the Viet Nam International
Real Estate Exhibition, VNREA EXPO 2016.
The State Bank of Viet Nam (SBV) on Monday instructed commercial banks
to continue disbursement of the VND30 trillion (US$1.3 billion) housing
package for contracts signed before March 31, 2016.
Facing with a severe shortage of parking space, Ha Noi recently issued a
regulation that high-rise building projects and trade centres must have
at least three basement floors for parking.
While many real estate firms reported higher revenue and profits in 2015
and the first quarter, their share prices rose slowly or not at all in
the local market.