Update: 13:53:22 28-06-2018Date Submitted : 16:30:48 26-06-2018
At Q2 in HCMC there was a 67% YoY increase in sales to 11,600 whilst in Hanoi it was 13% to 6,800. In HCMC Grade C accounted for 62% of sales, while in Ha Noi, Grade B dominated with over 42%.
Every real estate project is closely monitored by our Research team. For sales to be recorded an agreement (SPA) between developer and purchaser must be made. Transactions are constantly assessed for accuracy and are released at the end of each quarter at our Market Review.
Savills is Vietnams leading residential broker so we benefit from keen market insight. We have operated in Viet Nam for over 20 years. Our people, our methodologies and our integrity are what makes Savills the premier international property agency in the region.
In a regional context, Viet Nam has a low proportion of urban population but a huge flow of rural migrants, resulting in a high urbanization rate. This factor combined with a large but declining household size, results in robust new dwelling formation.
Low quality housing (%), 2015
Dwelling replacement need is high. Approximately 27% of Viet Nams urban population are living in low quality housing.
Nationwide market (HCMC & Ha Noi)
STRONG HOUSING DEMAND
Update: 09:27:51 04-09-2018
Update: 11:25:50 13-07-2018
JLL reveals 2018 will remain a positive year for Vietnam's real estate market in 2018 Q2 HCMC Property Market Brief.
Update: 17:04:21 27-06-2018
Many experts in the field have quite optimistic perspectives towards the market in Vietnam for the last months of 2017. The market is believed to positively and stably grow thanks to the "resilience"...
Update: 13:52:27 28-06-2018
According to the latest release of Savills Vietnam, the real estate market of Danang in the first half of 2017 is witnessing flourishing on most segments. In which 4-5 star hotels and resorts...
Update: 13:59:30 28-06-2018
Over the past decade, the pace of Da Nang development has been truly remarkable. The forward looking city is rightly proud of its new infrastructure and modern transportation systems but also of...