Domestic real estate market continues to see rosy signs
 |
| Illustrative image (Source: VNA) |
Hanoi – Vietnam now has 1,733 real estate firms, up 27.1 percent from the corresponding time last year, according to the Ministry of Construction.
The ministry said the real estate market has shown signs of recovery since late 2020, as reflected through higher transactions and prices.
The number of enterprises that suspended operation stands at only 694, it added.
In the first months of 2021, many major firms have stepped up operation, such as Vingroup with a strategy to build 25 commercial centres and Phu Long Real Estate JSC with high-end apartment building and marine resort projects.
It is forecast that the supply will increase this year as businesses are stepping up investments.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- GELEX Tower achieves LEED Platinum certification (November 19, 2024 | 09:53)
- Real estate businesses expand interest in available land to thrive in 2025 (November 17, 2024 | 08:47)
- Ho Chi Minh City revamps land status (November 17, 2024 | 08:43)
- Trump's trade policies could shape Vietnam's economic outlook: Dragon Capital (November 15, 2024 | 16:56)
- The One Destination partners with Singapore investor and institutional fund to build ESG real estate complex (November 11, 2024 | 10:32)
- Stabilising measures must sit alongside land price hikes (November 07, 2024 | 09:56)
- CapitaLand Development records strong bookings for Orchard Hill (November 07, 2024 | 08:19)
- Public transport and real estate: The rise of Transit Oriented Development (November 05, 2024 | 15:06)
- Funding flows to second-tier localities (November 03, 2024 | 15:24)
- Hanoi has long road to travel in becoming a smart city (November 03, 2024 | 15:00)
Mobile Version