vietnam REAL ESTATE MARKET – A SQUEEZED COIL SPRING READY TO BOUNCE back towards the end of 2021
Mr.Nguyen Quoc Anh, Deputy General Director of batdongsan.com.vn, points out that the current real estate market situation in Vietnam resembles a squeezed coil spring; although it is currently tightly squeezed, it has the potential to, and it will, bounce back strongly, once the COVID-19 pandemic is under control.
DESPITE THE DISRUPTION OF COVID-19, THE INDUSTRIAL REAL ESTATE MARKET STILL PICKS UP PACE
In the past 6 months, despite the inevitable impacts of the pandemic, the Industrial Real Estate market in Vietnam still witnessed many positive signs, including a number of mergers and acquisitions deals, an increase in industrial land areas, etc.
THE industrial REAL ESTATE MARKET IS “IMMUNe” in midst of the pandemic
Despite the fourth wave of COVID-19 in Vietnam, the market for Industrial Park Real Estate (IPRE) still records a positive growth with rental prices constantly on the rise and a series of mergers and acquisition deals worth millions of dollars executed.
WHICH SEGMENT OF THE REAL ESTATE MARKET STILL withstands the impact of THE PANDEMIC?
The complicated situation surrounding the COVID-19 pandemic is affecting the real demand of the real estate market. In the last quarter, many segments recorded diminishing number of transactions as well as supply. However, part of the real estate market in several regions still showed positive signals, despite continuing social & economic instability.
Real estate market: which scenario will pan out in the second half of 2021?
If the next wave of the COVID-19 pandemic continues to spread to the 3rd quarter, market growth in the last 6 months of the year will stall as more businesses gradually falter. Limited income sources, an issue which impacts the majority of the market at this time, leaves the market flattened. Transactions are mainly directed at long-term investments.
WHY ARE REAL ESTATE PRICES ON THE RISE DESPITE COVID-19?
In the midst of the pandemic, real estates are still considered a relatively low risk channel of investment, compared to other means such as stock, gold, or Forex. Moreover, as investors can have easy access to cheap capital, real estate prices continue to be on the rise.
NOTIFICATION OF CERTIFICATE OF REGISTRATION FOR BRANCH OPERATION
VPRO Company would like to send to you the Notice of Branch Registration Certificate.
RISING HEAT IN EASTERN PROPERTY AT THE END OF THE YEAR FOLLOWING THE BILLION DOLLAR PROJECT
In addition to the fact that East area traffic system connecting the central to the coastal areas is improved, when the distance is no longer..
NOTIFICATION OF CHANGING THE COMPANY NAME, LEGAL REPRESENTATIVE
On December 12, 2017, PetroVietnam Real Estate Joint Stock Company announces the change in the name of the company, seal specimen and the legal representative.
VPRO: APPOINTMENT OF THE GENERAL DIRECTOR
On February 1, 2018, the Board of Directors of VIET PROPERTY INVESTMENT JOINT STOCK COMPANY issued a decision appointing Mr. Hong Nguyen Nam as the Acting General Director of the Company.