News

COVID-19 THREATENS PROPERTY BROKERS WITH UNEMPLOYMENT

The COVID-19 pandemic has become a new challenge for property brokers who have been facing many since last year due to the low supply in the market. HCM City (VNS/VNA) – The COVID-19 pandemic has become a new challenge for property brokers who have been facing many since last year due to the low supply in the market….

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HOW CITIES ARE CONFRONTING CLIMATE CHANGE

Maintaining strong economic growth in Southeast Asia means preparing for rising sea levels The redevelopment of the Thu Thiem district in Ho Chi Minh is set to provide Vietnam’s largest city with new homes, parks, and offices. Also seen as key to its success: climate change preparedness. Thu Thiem, across from the city’s business district…

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VIETNAM GREENLIGHTS CONTROVERSIAL MICRO APARTMENT IN BIG CITIES

Source: Google Vietnam has approved a controversial regulation allowing the construction of micro-apartments in commercial projects, which could intensify overpopulation in big cities. The Construction Ministry has approved the construction of commercial apartments as small as 25 square meters (270 square feet), compared to the earlier minimum requirement of 45 square meters (480 square feet)….

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3 MAIN DRIVERS FOR VIETNAM’S REAL ESTATE MARKET IN 2020

2019 witnessed a stable fluctuation in Vietnam’s real estate market. The occupancy rate in Hanoi and Ho Chi Minh City still remains at 89.7 % although supply decreased significantly by 65.3 %. Demand that comes from locals buyers is expected to increase. Along with that, cash flow from foreign investors through share purchase and capital…

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