Real Estate

As a central city, Danang boasts numerous advantages, from its strategic location and well-invested infrastructure to its burgeoning tourism potential and double-digit economic growth rates. These factors have paved the way for the robust development of the real estate market.

The Ministry of Construction will conduct a thorough review of wasteful and prolonged projects, and propose appropriate, timely, and effective mechanisms and policies for addressing them. This includes projects such as the second campus of Bach Mai Hospital, Viet Duc Hospital, and flood prevention measures in Ho Chi Minh City.

"Experts believe that even with the opening of Long Thanh Airport and the completion of surrounding infrastructure, property prices will rise but not significantly. This is because many investors had already bought up land in the area 3-4 years ago, and as such, have already reaped the benefits of any potential price increases."

Eurowindow Twin Parks enjoys a strategic location in the heart of Gia Lam, benefiting directly from the area's "districtization" process. This process involves significant investment in transportation infrastructure, creating seamless connectivity and a comprehensive range of social amenities. With real estate prices currently offering attractive rates compared to the market average, this development presents a unique opportunity for prospective investors and homebuyers alike.

The National Housing Fund is expected to be a "saving grace" for millions of low-income earners, offering them a chance to finally settle down and establish a home. But for this fund to truly make an impact, it requires a collaborative effort from the state, businesses, and the workforce alike.

The upcoming auction in Hue City offers an exciting opportunity for investors and homeowners alike. A total of 91 land lots, located in the prestigious wards of Phong Hien, Phong An, and Phong Thu in the Phong Dien district, will be up for grabs in April. With a starting price of just VND 5.5 million per square meter for the most affordable lot and VND 8.3 million for the premium lot, this auction presents a rare chance to acquire prime real estate in a sought-after location.

Considering the legitimate credit relationship between the owner of Capital Place, 29 Lieu, Ms. Truong My Lan, and the three foreign banks, the court has handed over the said building to the banks for debt recovery.

The Hanoi People's Committee has instructed relevant departments to expedite the development of two social housing projects, Tien Duong 1 and Tien Duong 2, in the Dong Anh district. Emphasizing the importance of efficient procedures, the committee has urged the implementation of a "green channel" approach to facilitate construction, aiming for a groundbreaking commencement in September.

From the start of the year, the low-rise segment has been the most absorbed property sector in Northern Vietnam.

The decades-old apartment buildings, once considered outdated, are experiencing a sudden surge in value as news of potential redevelopment spreads. With the prospect of modern upgrades and improved living conditions, property owners and real estate agents are demanding sky-high prices, with some quoting over 100 million VND per square meter based on the red book area.