A residential area in Hà Nội. There is huge room for the development of apartments with long-term ownership. Photo realtimes.vn HÀ NỘI Local demand for real estate products with long-term ownership exceeds supply as most of Vietnamese people prefer this kind of deal, experts said during a conference on Friday. … [Read more...] about Rising demands for realty with long-term ownership
The Hanoitimes - Quality of assets, rental growth, deal size, and land tenure are decisive for investment choices. Three investment strategies in Vietnam industrial real estate sector What makes Vietnam’s industrial real estate most attractive in 2019? Vietnam real estate market most attractive in Southeast Asia: Japan investors How does Trump-Kim summit affect Vietnam’s real estate market? Vietnam’s strong economic growth in the first six months of 2019 has fueled the real estate sector through a series of merger and acquisition (M&A) deals. Many M&As in Vietnam real estate sector in H1/2019 The good sight results from good macroeconomic fundamentals in the first half (H1) namely GDP growth rate of 6.8%, inflation stable at 3% against the same period last year, pledged foreign direct investment (FDI) at US$18.47 billion, and record import-export turnover at US$245 billion. In addition, strong sentiment from the … [Read more...] about What are the highlights of real estate M&As in Vietnam in H1?
Apartment housing projects in HCM City. In the first seven months of 2019, the whole market shrank 34 per cent in size, including a 29-per cent fall in the project number and a 34-per cent decrease in the apartment supply. — Photo congthuong.vn HCM CITY — More positive signs would appear in HCM City’s property market in the year-end months despite difficulties in the first half of the year, said Chairman of the HCM City Real Estate Association Lê Hoàng Châu. At a seminar in HCM City earlier this week, Châu said it was not a rosy picture in the property market. Since March 7, 2017, when the Prime Minister requested the projects using State-owned land to be reviewed, the market has faced considerable challenges and difficulties. In 2017, the real estate market grew 4.07 per cent from the previous year but began to decline in 2018. In the first seven months of 2019, the whole market shrank 34 per cent in size, including a … [Read more...] about Estate market expected positive growth in year-end months
Bond issuance is proving an effective channel and is forecast to become a major tool for real estate firms to raise capital in 2019. — VNA/VNS Photo HÀ NỘI — Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said. Raising capital by issuing bonds is a new option for property enterprises at a moment when they have to look beyond banks for funds, said financial expert Bùi Quang Tín at a workshop held by online news portal Bizlive in HCM City early this week. According to Lê Hoàng Châu, chairman of the HCM City Real Estate Association, property developers were still mainly raising capital from banking loans and from customers, with payment following construction progress. However, bond issuance is proving an effective channel and is forecast to become a major tool for raising capital as in 2019, several … [Read more...] about Real estate firms switch to bonds due to less bank loans
The Hanoitimes - PropTech uses digital innovation to address the needs of the property industry. VinaCapital Ventures invests US$4 million in Vietnam’s first proptech startup Proptech or property technology is gaining popularity in Vietnam thanks to benefits in improving accuracy and speed, cost savings and convenience, according to JLL – leading professional services firm that specializes in real estate and investment management. Ms Trang Bui, Head of Markets, JLL Vietnam. Photo: JLL Proptech, which is the use of information technology (IT) to help individuals and companies research, buy, sell and manage real estate, is developing and expanding on the back of strong momentum in Vietnam real estate market, said Trang Bui, Head of Markets at JLL Vietnam. In Vietnam, the development of proptech is more prominent in the segments of residential and office. These two sectors witness high levels of interest from both developers and buyers and are … [Read more...] about Proptech gains popularity in Vietnam: JLL