Sign in
|
Register
International Edition
Home
Business & Finance
Investing Tools
News
Live Quote:
On
RSS
My Page
|
Contact Us
RSS
Markets
|
Industries
|
Stocks
|
Analysis Reports
|
Expert Ideas
|
World Indices
|
Currencies
|
Commodities
RSS
Company A-Z
|
Stock Screener
|
My Portfolios
|
Streaming Quotes
|
Technical Analysis
RSS
Markets
|
Companies
|
Banking & Finance
|
Economy
|
Real Estate
|
International
Quotes
News
Reports
Investing Tools
Company A-Z
Company Search
Stock Screener
Portfolios
Trigger Alerts
Technical Analysis
Live Terminal
Mobile Tools
Useful Links
My Profile
My Favorites
Thursday, April 25, 2024 1:35:53 PM
-
Markets open
VN-INDEX
1,203.89
-1.72/-0.14%
HNX-INDEX
226.41
-1.46/-0.64%
UPCOM-INDEX
88.08
-0.29/-0.33%
Hanoi & HCMC residential price index up
VietnamNet - 7/24/2015 3:46:04 PM
(
0 ratings. You must sign in to rate.
)
Print
|
Add To Favorites
|
Email
|
RSS
Ho Chi Minh City’s residential index in the second quarter of this year was 89.4, an increase of 0.3 points quarter-on-quarter (q-o-q) and stable year-on-year (y-o-y), according to a recent Savills Vietnam report.
The overall absorption rate was 19 per cent, a decline of 2 percentage points q-o-q but an increase of 2 percentage points y-o-y.
HCMC residential price index
Source: Savills Vietnam
The residential index has stabilized over the last two years after falling continuously from 2011 to 2012. The development of new projects from credible developers and the economic recovery have boosted sales and increased buyer confidence.
New projects with higher development standards contributed to the slight price improvement in the quarter. The residential q-o-q index is expected to remain stable in the next few quarters.
Due to a price increase in more than half of existing projects, Hanoi’s residential index in the second quarter was 139, up 27 points q-o-q and 38.7 points y-o-y, according to the report.
Hanoi residential price index
Source: Savills Vietnam
The quarter-on-base (q-o-b) index was 94 in the quarter, up 1.3 points compared to the first quarter. Both q-o-q and q-o-b continued to trend upwards.
The inventory ratio increased by 9 percentage points q-o-q due to new supply yet fell 20 percentage point y-o-y due to the continued strong performance of the whole market. The overall absorption rate decreased q-o-q but increased y-o-y, to 34 per cent.
The average price was VND25.4 million per sq m in the capital. Hoan Kiem, Ba Dinh and Tay Ho districts were the most expensive areas, due to project quality and their central locations.
The average price was VND25.4 million per sq m. Hoan Kiem, Ba Dinh and Tay Ho districts were the most expensive areas, due to their central locations and project quality.
Newer News
19/04
Ministry requests Hà Nội to inspect rising prices of apartments
17/04
Real estate market has positive performances in Q1: VARS
05/04
Developers must verify with foreign homeowner's database before sales
28/03
Management of real estate brokers to be tightened
23/03
HCM City real estate market to recover in H2
23/03
Industrial real estate emerges out of storm
18/03
Lots of ground to cover to build 130,000 social housing units this year
12/03
Deputy PM urges resolving price manipulation for healthy real estate market
12/03
Limit set on interest rates of loans for social housing
21/02
Experts upbeat about real estate prospects
Older News
23/07
Economic recovery, new laws prop up property market
20/07
Retail property sales climb in two main cities, but not rents
17/07
Resort property market revival woos realty big guns
15/07
Recovery in Vietnam's property market is real: official
15/07
Hanoi faces office and condo oversupply
14/07
Finances, incentives lacking for social housing: Minister
Newsletter Signup
*
*
Top Stories
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
PM Chính requires strengthened gold market management
Bank shareholders to receive high dividends, stock bonuses
Shares sustain gains on strong investor confidence
Market Update
HOSE
HNX
UPCOM
World
Last updated at
1:34:59 PM
VN-INDEX
1,203.89
-1.72/-0.14%
Top 5 Actives
Top 5 Gainers
Top 5 Losers
Market Overview
My Favorite Quotes
Recent Quotes
Portfolio Summary
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Current value:
Total gain/loss:
/
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
Choose a sector
Basic Materials
Industrials
Consumer Goods
Health Care
Consumer Services
Utilities
Financials
Technology
Oil & Gas
Telecommunications
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple
Portfolios
to help you better manage your investments.
Trigger Alerts
Get up-to-date
alerts
delivered directly to your email address.
Stock Screener
Allow you to
filter the market
and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME
streaming quotes
for hundreds of stocks from HOSE, HNX and UPCOM exchanges.