TIME TO DIGITISE LAND MANAGEMENT
The Ministry of Natural Resources and Environment (MONRE) has been working on a strategy for the development of land management for the 2020-30 period. It is hoped it will meet the demand of e-government project as well as enhance the land use efficiency, said Mai Van Phan, deputy head of the MONRE’s General Department of Land Administration (GDLA).
REAL ESTATE STOCKS MIGHT PEAK IN FIRST HALF OF 2019
Real estate stocks might peak in the first half of 2019 or even earlier, in the last quarter of this year, experts have forecast. The recovery of the property market helped boost real estate stocks during the past five years. According to financial services company Stockplus’ Fiinpro Platform, real estate stocks posted better growth than the overall market.
REAL ESTATE TRANSACTIONS TO INCREASE IN Q4
The domestic real estate market in the fourth quarter of this year is forecast to see the strongest increase in transactions in the year, higher than the transaction volume in the same period of 2017.
FDI FLOWS REMAIN STRONG IN REAL ESTATE
The Vietnamese real estate sector has been attracting a large proportion of international investment inflows over the past years and the country is expected to remain one of the world’s most attractive markets for foreign developers in the years to come.
HANOI’S LUCRATIVE PROPERTY MARKET ATTRACTS FOREIGNERS
Hanoi expects to attract more foreign buyers on its real estate market as a rising number of foreign experts and entrepreneurs are working in the capital city.
PROMOTING VIETNAMESE REAL ESTATE MARKET
Under the chairmanship of the Vietnam National Real Estate Association (VnREA) and the United States National Association of Realtors (NAR), the International Real Estate Conference (IREC 2018) took place over five days from September 5 to 9, 2018, in Hanoi. This was the fourth conference held by NAR, the first in Vietnam.
REAL ESTATE MARKET GETS MORE STABLE
The Vietnamese real estate market is entering the last quarter of 2018. Remarking on market performance from the beginning of the year, an official from the Ministry of Construction said that the market had relatively stable growth, abundant supply and more practical product valuation. Hence, the actual demand also picks up significantly. The Ministry said that a potential boom in land demand may be seen in areas with good cooperation, but the market will be generally stable.
VIETNAM – ATTRACTIVE DESTINATION FOR ESTATE INVESTORS
Vietnam will become an attractive destination for real estate investment and business because of the high demand for housing, industrial park infrastructure, shopping malls, and tourism property.
