Chủ đề: Real estate market

Though holding a great deal of potential for development, Vietnam’s real estate market must still cope with a host of obstacles.

Many laws and regulations on the real estate market overlap each other and are inconsistent.

According to the Ministry of Construction (MoC), Vietnam’s real estate market has shown signs of recovery and sound development in the first quarter of this year. There have been more investors and also more real estate projects on sale or planning for sales. Interest in the market and real estate transactions are continually rising and in most market segments.

Market in the capital quite vibrant in the first quarter and showing promise.

Over recent years, land resources have not been fully utilized to become an important internal force for socio-economic development, and the real estate market has not developed sustainably. These inefficiencies stem from inadequacies in the legal framework relating to real estate. There are still no synchronous mechanisms and solutions to regulate the market.

The real estate market in north-central Thanh Hoa province will experience an unprecedented fever in the fourth quarter of 2021, with three large real estate groups - Flamingo, SunGroup, and Vingroup - deploying super projects on more than 3,000 ha and with total investment of more than $5 billion.

Hanoi is expected to see the fastest recovery in real estate transactions and supply in the country, possibly by the end of October, while Ho Chi Minh City may see something similar in November and Da Nang in December. Transactions and supply are also likely to be active soon in localities such as Quang Ninh, Hai Phong, Bac Giang, and elsewhere.