Việt Nam Association of Real Estate Brokers (VARS) has proposed that two children families are given a priority when buying homes at social housing projects, in order to encourage marriage before the age of 30 and increase the birth rate.
According to the Việt Nam Association of Real Estate Brokers (VARS), only 40,000 out of about 100,000 individual brokers in the domestic real estate market have brokerage practicing certificates.
Recent interest cuts by the State Bank of Vietnam could send trillions in savings into the property market, according to the Vietnam Association Of Real Estate Brokers.
Real estate companies have said that they will push marketing channels on social media and e-commerce floors instead of calling or sending text messages as a Government decree to tackle spam comes into effect next month.
According to the Viet Nam Real Estate Brokers Association last year around 23,000 units of condotels, or condo-hotels, were offered for sale, and 65-70 per cent of them were snapped up. However, demand for condotels seems to be falling.