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CBRE Vietnam's Top Property News Stories - 12/2022
CBRE Vietnam's Top Property News Stories - 12/2022

The top residential and commercial real estate news of the Week 12/2022 (21 Mar 2022 - 25 Mar 2022)

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HCM City condo prices rise
HCM City condo prices rise

Condo prices are rising in HCM City.

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Infrastructure boosts HCM City property market
Infrastructure boosts HCM City property market

The HCM City property market is expected to develop strongly in 2022 on the back of a number of infrastructure projects being completed or started during the period, experts said.

 

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Action plan can pinpoint Saigon River’s prospects
Action plan can pinpoint Saigon River’s prospects

Although every square metre of land located on both sides of the Saigon River is currently evaluated at top prices and occupied by hundreds of real estate developers, the city still does not have a master plan to develop methodically and effectively this golden land area.

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Stimulus plan brings property positivity
Stimulus plan brings property positivity

While 2021 was a year of unsustainable growth in the real estate market, this year economic stimulus packages, foreign investment flow, and domestic funding transformation could make the sector more active.

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Real estate advances in 2022 to flourish, backed by demand
Real estate advances in 2022 to flourish, backed by demand

Vietnam’s real estate market has witnessed a tumultuous and challenging year, but the resilience and potential for investment opportunities in 2022 are expected to regain the growth momentum of previous years.

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HCM City to earmark $24.9 billion for housing development by 2025
HCM City to earmark $24.9 billion for housing development by 2025

HCM City will allocate nearly VND567 trillion (US$24.9 billion) and 974 hectares of land for housing in the next four years to increase the per capita housing space to at least 23.5 square metres.

 

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Thu Thiem New Urban Area a potential gold mine
Thu Thiem New Urban Area a potential gold mine

The bidding price for a land plot in the Thu Thiem New Urban Area is currently VND 2.45 bn per sq. meter or over 40 tael of gold per sq. meter.

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