Apartment prices continue to rise sharply, increasingly out of reach for workers' incomes. This gap not only creates significant financial pressure but also makes homeownership increasingly difficult for the majority of people.
Cash flow real estate has become an investment trend in 2024 due to its stable profitability from leasing and business operations. Interest in this type of real estate demonstrates the demand for sustainable profits in an uncertain economic context.
In the context of the changing real estate market alongside new legal regulations, understanding the Real Estate Business Law is a crucial factor for businesses and investors to seize opportunities and prepare well for the new cycle.
Dr. Tran Xuan Luong believes that real estate businesses that lack resources and strategy will certainly struggle to survive in the current competitive environment.
Financial revenue in the second quarter of 2024 has been an important bright spot, helping many real estate businesses maintain positive profits despite challenges from their core business activities, contributing to their financial stability.
Suburban apartments are increasingly favored in large cities due to the rapid development of these areas. This not only opens up many opportunities for the real estate market but also meets the housing needs of urban residents.
Resort real estate can overcome the "dark zone" by enhancing customer experience, maintaining and upgrading infrastructure, developing diverse amenities, and implementing effective marketing strategies.
This information was presented at the seminar "Rental real estate business: Legal and practical issues" organized by the Vietnam Lawyers Journal on July 5 in Hanoi.
In the real estate market, there has been a trend of increasing land prices close to the general market value. This price increase brings challenges for businesses, especially those heavily dependent on real estate.
Foreign investors pledged to pour over US$2.8 billion in real estate sector in the first four months this year, accounting for 30.3 percent of the total foreign direct investment inflows.
Since 2022, borrowing foreign capital without government guarantees has become more difficult, and according to feedback from many businesses, part of the reason is the tight control policies on foreign borrowing from the State Bank of Vietnam.
Tourism and resort real estate, although affected by the pandemic, are showing many signs of recovery and many new positive opportunities in the coming period.
On the evening of July 13th, the Provincial Architects Association of Ba Ria - Vung Tau held a workshop on "Experience in implementing social housing projects by Ong & Ong Group in Singapore and Malaysia, lessons learned for Vietnam".
Foreign direct investment (FDI) stimulates the growth of serviced apartments by increasing demand from international experts. FDI drives market expansion, particularly in rapidly developing areas.
Currently, increasing public investment, particularly in infrastructure projects, is a strategic priority that the Vietnamese government is actively promoting for 2024. This is seen as a major opportunity for the real estate market.