Many analysts think now is a good time for investors looking for acquisitions in the property industry to act since difficulties caused by the Covide-19 pandemic have thrown up opportunities.
The property industry in HCM City, and in fact the country in general, faces several problems that need urgent solutions, especially with regard to legal provisions.
The HCM City Real Estate Association has urged the Government to enlist the property industry as affected sectors by the COVID-19 outbreak and to be eligible for VAT and land-use fee payment postponement.
The HCM City housing market showed signs of unsustainability in 2018 due to an imbalance between supply and demand, a property industry business group said.
The first ever property awards followed by a gala dinner to honour the
country''s top developers, finest current developments and resort
destinations will be held at the Intercontinental Asiana Saigon Hotel in
HCM City next month.