According to a survey from the Vietnam Real Estate Association (VNREA), investors and buyers of social housing projects must take loans with high interest rates. These interest rates have made it difficult for investors and buyers.
Next year is likely to be a fiercely competitive one for real-estate companies in HCM City since scores of new projects are set to hit the market, analysts said.
Many housing developers are circumventing the law to profit from the
national real-estate bailout programme, said vice-chairman of HCM City
Real Estate Association, Nguyen Van Duc.
