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HCM City's real estate market to look up this year: experts


Wednesday, 13:06, 07/04/2021
Surging demand, the resolution of legal hurdles and the gradual containment of the COVID-19 pandemic make the real estate industry sanguine about 2021.
The Vietnam Real Estate Brokerage Association assured that legal bottlenecks faced by property projects would continue to be resolved, and apartment supply would increase sharply from 2020.
Su Ngoc Khuong, a senior executive at Savills Vietnam, said the pandemic had weakened demand and frozen the market in early 2020.
The Government had since taken a number of measures to address the difficulties, including promulgation of legal regulations for condotels, he said. 
In 2021, it would be set to remove difficulties faced by the market by amending the Land Law, Construction Law and Investment Law. ....

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Big businesses pour billions of dong into land purchases in Da Nang


Big businesses pour billions of dong into land purchases in Da Nang
Chia sẻ |
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 01/04/2021
  
18:10
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While other land markets are hot, Da Nang remains very quiet, prompting many investors from Hanoi and HCM City to collect land plots in advantageous positions in bottom fishing deals.
Hoang Van Tam from Hanoi frequently flies to Da Nang on weekends to seek investment opportunities there. His business as a medical equipment trader provides a stable financial source and he wants to set up a branch in Da Nang.
After a period of seeking land for his office, Tam has a better understanding about the local real estate market. Realizing that prices are relatively good, Tam decided to buy two land plots valued at VND3 billion. ....

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Industrial real estate is bright spot in 2020 market


Industrial real estate is bright spot in 2020 market
09:55 | 17/02/2021
A view of Quang Chau industrial zone in Bac Giang province (Photo: VNA)
Hanoi - The industrial market is the only real estate sector that has enjoyed positive progress in both rental rates and occupancy rates during the COVID-19 pandemic.
Some provinces with hot industrial real estate markets include Long An, Dong Nai, Binh Duong, Binh Dinh, Thanh Hoa, Quang Ninh, Hai Duong and Bac Giang, according to the Vietnam Real Estate Brokerage Association.
In 2020, the average occupancy rate in industrial zones was up more than 70 percent year-on-year. The average factory rental price nationwide was 60-80,000 VND per sq.m and the purchase price of land in industrial zones with infrastructure ranged from 3 to 5 million VND per sq.m, according to Nguyen Van Dinh, Vice President cum General Secretary of the Vietnam Real Estate Brokerage Association. ....

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