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Update news real estate news
Soaring prices, oversupply, and weak demand threaten Vietnam's property market stability.
Experts believe that setting prices for agricultural land that is mixed with residential land is inconsistent with the Land Law.
The development of the land price framework is not solely based on market prices but also integrates local management requirements to ensure stability and effective state governance.
The Ministry of Construction (MOC) says tax policies on unused real estate and housing should be studied with the aim of preventing speculation and price inflation.
Ministry of Finance suggests taxing based on holding period if no purchase price is available.
"To buy an average house (70 sq m, priced at VND3-4 billion) in major cities, young people need 20-25 years of income," said Ha Quang Hung, Deputy Director of the Department of Housing and Real Estate Market Management.
The deeper decentralisation of authority to local administrations will help reduce processing time for construction permits and project approvals, thereby reducing opportunity costs and increasing investment efficiency.
HCM City authorities have released a list of 17 residential projects where foreign individuals and organizations are permitted to own property, along with 4 where ownership is prohibited.
As the global retail sector shows signs of steady recovery, Vietnam's retail property supply is also experiencing a clear resurgence.
The suggested price of a social housing project in Hanoi, reaching VND26-27 million/sq m, has heightened concerns for residents seeking affordable homes.
The centre will be directly overseen by State agencies and tasked with verifying the validity of real estate projects, connecting public data sources and streamlining property transactions to ensure the market transparency.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As part of the 2025 business plan of the Vietnam Cement Corporation (Vicem), the Ministry of Construction (MOC) has asked Vicem to revive the Vicem Operations and Transaction Center project.
High prices and low rental yield push shophouse owners toward long-term strategies.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in HCMC and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong.
The Government targets speculation, administrative delays, and costly standards as drivers of housing price surges.
The Hanoi capital city region is witnessing a strong wave of real estate investment, particularly in satellite urban areas. The merging of provinces and cities is expected to create a breakthrough in market development.
Ho Chi Minh City will maintain a ban on the legalization of short-term residential rental businesses until at least 2027, pending the completion of a regulatory framework.
After the Property Tax Law is enacted, abandoned land will no longer exist as individuals and businesses will only buy land for use. If they buy land for speculation, they will have to pay taxes to the state.
Enterprises must not exploit the current supply shortage to inflate prices, create artificial values, or circulate unverified information to incite speculation and profiteering, which could destabilise the market.