New & Events
Real estate prices are expected to rise in markets with limited supply.
Research data from the Vietnam Association of Realtors (VARS – under the Vietnam Real Estate Association) indicates that by the end of 2023 and early 2024, real estate prices are expected to rise in markets facing limited supply — particularly in segments with high demand — although the pace of price increases may be slower compared to previous periods.
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Real Estate Inventory Accumulates in Land Lots, Private Houses, and High-Priced Apartments
Real estate inventory remains relatively high, primarily concentrated in apartments, private houses, and land lots. Most of the unsold properties belong to the high-end and luxury segments.
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Many Projects Adjust Prices, Increase Sales Discounts by 15–30%
Primary housing prices are being slightly reduced by many real estate developers during the year-end sales phase. In addition, incentives and discounts are being increased to 15–30% to stay competitive with nearby supply.
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How to Choose a Bank or Financial Institution for a Home Loan?
Before signing, you should thoroughly read and understand all the terms and conditions in the loan agreement. Pay special attention to key provisions such as:
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Interest rates (fixed or variable, and how they are calculated)
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Late payment penalties
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Early repayment fees
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Other hidden charges or service fees
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How Much Must Be Paid Before Signing a Property Purchase Agreement?
Under current regulations, parties entering into a property or building purchase agreement have rights and obligations as agreed upon in the contract, provided such terms are not contrary to the law. Additionally, the rights and obligations of the parties are specified in:
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Articles 21 and 22 (for the seller), and
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Articles 23 and 24 (for the buyer)
of the applicable legal framework on property transactions.
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What Are the Legal Procedures Required When Purchasing Real Estate?
Paying a deposit to reserve the property ...
Documents the seller must prepare ...
Documents the buyer must prepare ...
Notarizing the sale and purchase agreement...
Submitting transfer documents to the local land administration office ...
Paying fees and taxes ...Appraisal and issuance of the new Land Use Rights Certificate
What Taxes and Fees Are Involved in Real Estate Purchases?
When carrying out a land use right transfer transaction, both the buyer and the seller are subject to a total of five types of fees and taxes, including: Registration fee, Personal income tax, Document appraisal fee, Notarization fee, Land use right certificate issuance fee
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How to Determine the Market Value of a Home?
Don't rush to price your home without first gathering complete and accurate information about the property you own. This is also the ideal time to research current trends in the real estate market, especially if you're preparing to list your home for sale.