A new apartment block in HCMC (Photo: SGGP)

Real estate inventory value approximates VND26 trillion

Real estate inventory value now approximates VND26 trillion (US$1.14 billion), reducing 16 percent compared to December last year, reported the Ministry of Construction this morning.
 
Foreigners are provided with information about buying houses (Photo vietnambiz.vn)

Government urged to boost foreign home-buying

The Ho Chi Minh City People’s Committee has asked relevant departments to tackle problems in granting house ownership certificates to overseas Vietnamese to encourage their investment into the real estate market.
 
Illustrative photo:SGGP

City earns nearly VND 8 trillion per year from real estate market.

According to the report of the Ho Chi Minh City People’s Committee to the Ministry of Construction, total budget collection from the city’s real estate sector had swung from 3- 6 percent and hit its peak at nearly 8 percent in 2007, in which the real estate market was overheated, over the total budget revenue.
Cai Rang floating market, national intangible cultural heritage and attractive destination in the Mekong Delta (Photo: SGGP)

Mekong Delta draws investment to 78 projects

Provinces in the Mekong Delta have been drawing investors to 33 real estate and tourism projects with the total capital of VND7.8 trillion and 45 other projects in agriculture, industry, processing-manufacturing and logistics infrastructure with VND150 trillion (US$6.6 billion), said regional leaders yesterday.
 
The market segment for offices and retail space for lease in Hanoi has seen stable rental prices for grade A and B office buildings in the third quarter of the year. (Photo:VNA)

Hanoi office rental fees remain stable: CBRE

The market segment for offices and retail space for lease in Hanoi has seen stable rental prices for grade A and B office buildings in the third quarter of the year, according to the CB Richard Ellis Vietnam, Co., Ltd (CBRE)- the world’s largest commercial real estate services and investment terms.
Apartment blocks in HCMC (Photo: SGGP)

Nearly 11,000 real estate firms established in eight months

The HCMC Department of Planning and Investment reported that 26,614 businesses were established during the first eight months this year with the total registered capital of VND148,396 billion (US$6.53 billion).
HoREA predicts property market

HoREA predicts property market

In its report to the People’s Committee and related agencies, the Ho Chi Minh City Real Estate Association (HoRea) wrote that after five year period, the sector’s growth rate has nearly doubled.
 
HoREA petitions the State Bank of Vietnam to offer housing credit stimulus package to directly support buyers of social and commercial houses with the price of VND1 billion (Photo: SGGP)

HoREA petitions to support low-income buyers

The Ho Chi Minh City Real Estate Association (HoREA) petitioned the State Bank of Vietnam to offer housing credit stimulus package to directly support buyers of social and commercial houses with the price of VND1 billion ($43,986).
 
A land plot offered for sale in Bung Ong Thoan street, Phu Huu ward, district 9 (Photo: SGGP)

Real estate market reduces fever in HCMC outskirts

Land price has reduced fever in HCMC outskirts after city leaders required police agency to investigate land price fever and tackle brokers for spreading false rumors to rocket the prices and make profit.