Search results: real estate market

Due to the impact of the delay in licensing process of new projects and the decreasing clean land bank in Ho Chi Minh City, developers concentrate on product with high value. Decreasing inventory together with limited new supply are leading to active secondary market.

Leveraging opportunities from stable domestic demand and increasing foreign interest, especially in HCMC and Hanoi is rising due to high pace of urbanisation. Additionally, the steady growth of population average 2% per annum each city as seen over the past five years will drive constant housing demand.

Vietnam’s economy continued to perform well in 2018, with GDP growth estimated at 7.08% y-o-y. New supply in both HCMC and Hanoi is concentrated in the non-CBD areas. Flexible workspace is expected to have further expansion in 2019

Real estate market prices in HCMC were stable q-o-q across all segments "Except Office Leasing Grade A". A slight decrease in selling price in USD term was due to the VND devaluation recently. Supply in villas and townhouses are expected to remain scarce to end 2018.

In the last quarter of 2018, the market will continue the upbeat trends with new projects in the CBD and the West. Besides, new large-scale projects will be launched in Q4 2018, the sold units and office leasing are expected to increase accordingly thanks to strong demand from both end-users and investors, local buyers and foreign buyers.

As the economy had a stellar performance in 2017, Vietnam’s real estate investment scene continues to attract more and more interest from foreign investors and developers across all sectors. Vietnam’s real estate market is entering 2018 with a positive sentiment, despite some skepticisms about oversupply in the upscale residential sector, especially on secondary and rental markets.

In 2018, the East and South will continue to be hotspots of the market with more new launches condominium / apartment. Within the next three years, office and retail market will be more competitive as a large amount of supply from community retail podium will be launched. Rental growth will increase at a slower pace as existing supply will remedy their rents more strategically while vacancy rate will surge up momentarily before dropping down

Vietnam continue attracting foreign investors in 2018 and next ten years". Apart from subjective factors, in terms of objective factors; domestic market with the size of significant "population compared with other countries, young and dynamic population, middle class is increasing, urbanization grows fast pace will be make force the demand not only for housing market, also retail market, office building, etc.

Vietnam is one of the economies with the fastest growth rate in Southeast Asia. Some investors said that the office rental fee in Ho Chi Minh City, Vietnam is now higher than it is in Bangkok, reflecting the shortage of supply in the market with the main cause of difficulties in obtaining land for development projects

HCM City's real estate market continue to grow strongly besides Bank capital, Foreign capital and Overseas. However, real estate market still has a large amount of other capital draw to investment into new projects.

Real estate market in Ho Chi Minh City, Vietnam stabilize prices and Q3 2017 quarterly report highlights. Average primary price is expected to increase as more high-end products are added in the last quarter