Latest article
Unveiling the Fate of Two Long-Delayed Mega Projects in Ho Chi Minh City’s Heart
On November 10th, the Ho Chi Minh City Department of Construction issued an official statement addressing media inquiries regarding two abandoned "mega-projects" in the city center.
Flooding Persists, Yet Luxury Apartment Prices in Affluent Areas Hit $13,000 per Square Meter
Nestled in the heart of Ho Chi Minh City, this exclusive neighborhood boasts a wealth of luxurious amenities and an upscale living environment. However, with every heavy rainfall or high tide, its streets transform into rivers, revealing a stark contrast to its affluent reputation. Despite these challenges, property prices here remain among the most exorbitant in the city.
“Low-Income Families Face Decade-Long Struggle to Afford $65,000 Social Housing Units”
At approximately 1.5 billion VND for a 60m² social housing unit, even households with the maximum combined income according to eligibility criteria would need to save for about 10 years to afford such a home.
