The pressure of maturing bonds is still weighing heavily on real estate businesses in the HCM City, forcing these businesses to find solutions to restructure debt.
HCM City’s plan to establish Thu Duc City by merging districts 2, 9 and Thu Duc has caused property prices in the three eastern districts to increase sharply.
Poor master planning and cumbersome policies have limited the
sustainable development of HCM City''s real estate market, delegates
heard at a recent conference organised by the city''s Construction
Department.
The State Bank of Viet Nam (SBV) last Wednesday
denied offering a VND2-billion (US$95,200) credit package to high-income
civil servants and soldiers who want to buy a house or apartment.
