What's left of Saigon's townhouse land market after the speculative bubble?

What's left of Saigon's townhouse land market after the speculative bubble?

08:16 05/09/2017

From the beginning of the year to the middle of the second quarter of 2017, the land plot segment for townhouses became the focal point of the real estate market's boom. However, with recent continuous warnings about price inflation, the market has undergone a strong correction, especially for subdivided land plots in suburban areas.

It's easy to be wiped out in droves by land speculation frenzies.

It's easy to be wiped out in droves by land speculation frenzies.

08:45 26/07/2017

After the lessons learned from the 2009-2013 real estate bubble burst, it was thought that the phenomenon of people rushing to invest in real estate like in 2007 would no longer occur. However, this trend has recently resurfaced, leaving many with regrets.

Land prices in the suburbs of Ho Chi Minh City continue to rise sharply.

Land prices in the suburbs of Ho Chi Minh City continue to rise sharply.

11:39 24/05/2017

The directive from the Standing Deputy Secretary of the Hanoi Party Committee, Tat Thanh Cang, to involve the police in investigating land price manipulation has had some impact on investor sentiment; the number of people looking to buy land has decreased, but land prices continue to rise sharply.

What are the culprits behind the speculative land price bubble?

What are the culprits behind the speculative land price bubble?

11:43 13/05/2017

The recent land price surge in Ho Chi Minh City and some provinces, besides factors like infrastructure and planning, is largely due to speculators inflating prices, which is one of the main reasons for the rapid increase in land prices in a short period of time.