Real estate

The average floor area per person in the city is expected to reach around 27.6-29.5 square meters, taking the combined newly developed housing area to 20.44 million square meters and 25,000 social apartments.

Amid severe economic hardship, the Hanoi Southern Supporting Industrial Park continues to attract attention from investors who are looking for locations for their plants.

Building smart homes is the way to go for local property developers to lure buyers.

Experts remain optimistic about the future prospect once the pandemic is fully contained in Vietnam.

Strong inflows in investment capital help improve the suburban landscape and narrow the gap in housing prices between the metropolitan and outskirt areas.

The majority of real estate firms are now in a dire financial situation after two years of fighting the pandemic.

The new policies on rebuilding decaying condominiums have prompted investors to look for old apartments in anticipation of greater returns when they are rebuilt.

After a long period of social distancing, people would prioritize shopping or tourism instead of buying properties.

In Quarter 2, the supply of serviced apartments in the city increases by 20% against the same period of last year.

Real estate brokerage firms should adopt IT and e-commerce to improve their interactions with customers during the social distancing period.

Foreigners are potential buyers of luxury apartments in Vietnam.

This is an event organized annually by the Vietnam Association of Realtors (VAR) to honor the best real estate agents and brokers.

Supplies of low-priced apartments at below VND2 billion (US$87,300) are predicted to disappear in Hanoi in the upcoming one or two years.

The low supply of new housing projects and growing demand are driving the market prices higher.

The increased supply in the area has come from infrastructure drivers.

A higher tax rate for land use proposed by Hanoi's authorities would naturally reduce speculation and hoarding of land resources, in turn ensuring the healthy development of the real estate market.

Good planning could only be made on the basis of socio-economic specifications and a strategic vision.

The housing market may run away from economic fundamentals.

Though the current market of retail space is facing falling rents, many foreign brands look for Vietnam's retail property.

New industrial parks setup across Vietnam shows the industrial property market suffers little impact from the Covid-19 pandemic.