Supply of landed houses and villas in HCM City is short since developers are wary of this segment due to high costs and extended procedures, experts said.
HCM City''s real estate market is facing several problems like multiple agencies having overlapping functions and other administrative bottlenecks, high land use fees, suspension of all build-transfer projects, and difficulty in getting credit, said Le Hoang Chau, chairman of the...
Sales of land plots have decreased significantly in HCM City in the last 10 days in districts 2, 9 and Thu Duc, where so-called land fever had broken out over the last few months.
