January 20, 2010
LookAtVietnam – Real estate experts all share the same viewpoint that the apartment market will be quiet in 2010. Oversupply makes sales difficult Brett Ashton, managing director of Savills Vietnam, has advised investors to take care in making investment decisions, warning that while people think the market is heating up, the market is going the opposite [...]
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November 19, 2009
VietNamNet Bridge – The government’s announcement on the second stimulus package is helping sales of high grade apartments. Hanoi’s real estate market is now quite different from two months ago. Previously, people rushed to purchase land in suburban areas of the city and refused to purchase apartments. Meanwhile, they are now scrambling for apartments. The developer [...]
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October 6, 2009
LookAtVietnam – Though prices of luxury apartments have been decreasing sharply, the demand for expensive products remains low. Speculators complain capital has been ‘buried’ in apartments as they still have not been able to sell them for the last several months. Phan Ha, an investor in district 1 of HCM City, said that he has two [...]
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August 21, 2009
LookAtVietnam – A lot of high-grade apartments have been marketed in recent days with attractive preferences, but sales continue to be slow. It seemed that 2009 would be the right time for investors to market luxury products, which explains why a lot of new products have been launched onto the market recently. However, since the products [...]
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July 29, 2009
While existing apartments priced at over $1,000 per square metre are selling very slowly due to low demand, a lot of new projects are still being marketed. Experts have warned that the massive investment in the market segment will lead to oversupply. A series of high-grade real estate projects in Hanoi and Da Nang have [...]
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July 23, 2009
VietNamNet Bridge – In the first three weeks of July, the lowered-priced apartment market segment was bustling with 11-15 million dong per square metre apartments being hunted. According to Vinaland real estate trading floor, Tan Mai apartment project in Binh Tan district is the one which saw the highest number of transactions in the period [...]
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April 28, 2009
VietNamNet Bridge – Real estate developers in HCM City have shifted to build low-cost apartments with the sale prices of VND6-10mil/sq m to meet the increasingly high demand for low-cost accommodations. At the annual shareholders’ meeting of Hoa Binh Joint Stock Company on April 25, Chairman of the Board of Directors Le Viet Hai said [...]
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April 15, 2009
Vu Dinh Anh, Deputy Head of the Market and Price Research Institute under the Ministry of Finance, said that it is now too early to say that these are the signs of a new real estate fever attack. Vu Dinh Anh, Deputy Head of the Market and Price Research Institute under the Ministry of FinanceI [...]
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