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HCM City to earmark $24.9 billion for housing development by 2025
HCM City to earmark $24.9 billion for housing development by 2025

HCM City will allocate nearly VND567 trillion (US$24.9 billion) and 974 hectares of land for housing in the next four years to increase the per capita housing space to at least 23.5 square metres.

 

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Thu Thiem New Urban Area a potential gold mine
Thu Thiem New Urban Area a potential gold mine

The bidding price for a land plot in the Thu Thiem New Urban Area is currently VND 2.45 bn per sq. meter or over 40 tael of gold per sq. meter.

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Viet Nam eyes raising average floor area per person
Viet Nam eyes raising average floor area per person

Viet Nam is looking to increase the average housing floor area per person to 27sq.m by 2025, aiming for 28sq.m in urban areas, and 26sq.m in rural areas.

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Vietnam's real estate market poised for recovery in 2022
Vietnam's real estate market poised for recovery in 2022

Along with drastic changes in the upcoming Land Law and continued efforts from the Government to push for public investment, there is strong confidence that the real estate market would return to a high expansion rate in 2022.

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Future of real estate in the post-COVID-19 world
Future of real estate in the post-COVID-19 world

The year 2021 is ending with bright colours as real estate investment has become buzzing again. Reports from well-known worldwide organisations have also delivered a bright picture in the late months of the year, creating momentum for 2022.

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Land plots in Thu Thiem New Urban Area got 4-8 times higher than initial price
Land plots in Thu Thiem New Urban Area got 4-8 times higher than initial price

Four land plots in the central area of Thu Thiem New Urban Area were awarded to domestic investors in a bidding session on December 10. Ho Chi Minh City People’s Committee earned a total revenue of more than VND37 trillion ($1.6 billion) from the auction, many times higher than the initial offering price.

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Experts suggest solutions to remove difficulties to real estate business
Experts suggest solutions to remove difficulties to real estate business

Experts in construction have been discussing solutions to the difficulties currently facing the industry in terms of housing development and the wider real estate market. The talks took place as part of a seminar that was held in Ha Noi last week.

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Property sector poised for strong recovery in 2022
Property sector poised for strong recovery in 2022

The strict lockdown situation has taken the wind out of the sails of the property market in the south but experts predict this sector will rebound swiftly in 2022.

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