Police of the Mekong Deltas Bac Lieu Province Thursday took three people into custody, including a governmental inspector, on charges of brokering real estate documents.
Vietnam to host first intl property expo. Hundreds of real estate development businesses, both from home and overseas, have registered to take part in an international property expo, the first of…
Prof Dang Hung Vo, a senior real estate expert, former Deputy Minister of Natural Resources and the Environment, affirmed that a real estate group should not be assigned the task of stabilising the real estate market.
Residential apartment complexes in District 4..- As the real estate sector warms up and anxiety rises about inflationary prices, Deputy Minister of Construction Nguyen Tran Nam says bu…
Commenting about the heating up of the real estate market, Dr Nguyen Duc Kien, a member of the National Assemblys Economics Committee, said he can see something abnormal.
– Real estate developers bypassed the sluggish property market last year to record steady profits from construction rather than rentals and such.
– Unexpected price hikes in the real estate market have escalated beyond expectations with investors returning in droves, particularly in Hanoi and HCM City.
Dr Tran Du Lich, Member of the National Assembly Economics Committee, former Head of the HCM City Economics Institute, has said that the real estate market is now witnessing a virtual fever and warned that the 2007 bubble may return.
Cash is now flowing from the stock market to the real estate market, but experts say this is just temporary. They say the land fever will not prolong for an extended period like in 2007.
In an effort to enhance transparency in the domestic property market, the Ministry of Construction (MoC) has passed an administrative sanctions decree concerning transaction violations in the construction and real estate sector.
