December 1, 2009
The Ministry of Construction (MoC) has recommended that the Government allow real estate investors to sell a certain percentage of products outside trading floors. Analysts estimate that up to 70 per cent of all real-estate projects are sold under capital contribution contracts.Under the draft regulations, MoC proposed that investors be allowed to set aside 20 [...]
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September 16, 2009
LookAtVietnam – Eighty percent of real estate transactions do not go through trading floors was the figure released at a recent workshop. Only 20 percent of transactions were carried out on trading floorsAccording to Director of the House and Real Estate Market Management Department under the Ministry of Construction (MOC) Nguyen Manh Ha, there are [...]
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August 26, 2009
LookAtVietnam – While the apartment market remains very quiet because of low demand, houses priced at below 2 billion dong have been selling very well. Local newspaper VNExpress reporters, acting as house buyers, went to several real estate trading floors in Hanoi to purchase houses which have the value of less than one billion dong. [...]
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