The HCM City property market is expected to develop strongly in 2022 on the back of a number of infrastructure projects being completed or started during the period, experts said.
Major property developers are revving up the HCM City market by organising a series of activities as well as marketing and promotion programmes in the final months of the year.
The HCM City property sector has in recent years attracted billions of dollars worth of foreign investment due to its growth potential, real estate consulting companies have said.
Being the economic hub of the country, HCM City has kept developing and attracting people from other regions as well as countries. This migration is one of the factors that keep its real estate market buzzing. Viet Nam News reporter...
Deputy HCM City People’s Committee Chairman Le Van Khoa asked relevant departments to improve management and take measures to tackle factors that could the conditions for a property market bubble.
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 real estate sector''s inventory reached VND94.458 trillion (US$4.48
billion) on December 15, 2013, registering a decrease of 26.5 per cent
over the first quarter of last year, according to Trinh Dinh Dung,
Minister of Construction.
Đồng Nai Province has set up the Japan Desk at the headquarters of the Đồng Nai Industrial Zones Authority to assist Japanese investors operating here.