real estate

Foreign investment in Vietnam's real estate surges

In the first 11 months of 2024, registered foreign direct investment (FDI) in Vietnam’s real estate sector surged by 89.1% year-on-year, reaching about US$5.63 billion, according to Avison Young Vietnam’s ‘Vietnam Real Estate 2024: A Year in Review’ report.

Society – Economy

Vietnam sees 2.6% decline in new real estate firms in 11 months
Vietnam's real estate sector recorded the establishment of 4,241 new companies in the first 11 months of this year, marking a 2.6% annual dip, reported the General Statistics Office (GSO).
Real estate prices in Vietnam expand by 59% over 5 years
Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide.

Vietnam’s real estate market among most promising in Asia-Pacific: Knight Frank
Vietnam’s residential property market has captured the attention of High-Net-Worth Individuals (HNWIs) and investors, driven by strong GDP growth, urbanisation, and its strategic role in the “China+1” strategy, according to Knight Frank’s report.
Code of conduct issued for real estate brokers
A code of ethics and professional conduct for real estate brokers in Vietnam has been launched by the Vietnam Association of Real Estate Brokers (VARS).
Vietnam’s industrial real estate attracts foreign investment
Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.
Steady FDI growth drives Vietnam industrial real estate: Savills
Steady annual growth in FDI is a key driver of industrial real estate in Vietnam, according to Savills’ Asia Pacific Investment Quarterly report for the third quarter of the year.

Hà Nội, HCM City apartments now out of reach for most locals
Between 2022-2023, house prices soared, exceeding the income of most people in the two most populated cities in the country.
Real estate tycoon appeals death sentence
The HCM City People’s High Court on Monday began deliberations regarding property tycoon Trương Mỹ Lan’s appeal against her death penalty verdict rendered at a trial earlier this year for massive fraud.
Real estate segments benefit from surging FDI inflow in production
Despite a modest influx of foreign direct investment (FDI) in the real estate sector since early 2024, Savills Vietnam sees a silver lining in the surge of FDI into high-tech manufacturing.
HCM City's real estate market witnesses recovery
The real estate market in Ho Chi Minh City has witnessed positive changes over the past nine months.
Hanoi’s real estate market: Mid-range segment dominates with 98% share
The mid-range segment accounts for 98% of the total supply of apartments in Hanoi, while the high-end segment constitutes a mere 2%, CEO of Indochina Capital Michael Paul Piro told a press briefing in Hanoi on September 23.
Foreign investment in real estate surges in January-August
Foreign investors poured a total of US$2.4 billion into the real estate market of Vietnam in the first eight months of this year, five times the level over the same period last year, according to the latest updates from the General Statistics Office (GSO).
HCM City’s real estate market shows signs of recovery
Real estate revenue in Ho Chi Minh City reached VND173 trillion (over US$7 billion) in the first eight months of the year, up 6.1% year-on-year, according to the HCM City Statistics Office.
Vietnam ranks 49th out of 89 economies in term of real estate transparency: JLL
Vietnam ranked 49th out of 89 economies in term of real estate transparency, according to a recent global real estate transparency index (GRETI) 2024 rankings by global property services firm Jones Lang LaSalle (JLL).
Vietnam, ideal destination for industrial real estate investment
Vietnam is described as an ideal location for industrial real estate investment with its economic and demographic factors, and analysts predict it will emerge as a regional leader in this segment.
Exorbitant property prices challenge credit for home loans
Real estate is a major factor in credit growth, particularly the demand for home loans. Home loans are still slow over the first seven months of the year even though many banks have been offering very competitive interest rates.
Real estate inventories remain high: MoC
More than 17,100 apartments and land plots of real estate projects across the country remain in the market in the second quarter of this year, with land plots and houses doubling that of apartments, the Ministry of Construction (MoC) reported on August 14.
Individuals not allowed to buy, sell houses over 10 times yearly
Under the government’s recently issued Decree No. 96/2024/NĐ-CP, individuals engaged in real estate business are not allowed to buy or sell houses more than 10 times yearly.
Navigating challenges in Vietnam's industrial real estate market
Vietnam's industrial real estate market boasts ample potential, but challenges remain to its development.
New legal framework to create advantages for foreign real estate investors
Experts believe that positive changes in real estate laws and the policies of the Government will increasingly attract many foreign investors, helping to orient the market to develop in a more healthy manner.
New laws help further bolster real estate market
A recent roundtable in Ho Chi Minh City discussed measures to support and promote the real estate market development.

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