The market
in the periphery of Ho Chi Minh City gradually warms up after the distance The real estate market in the South in the last months of the year is showing signs of slight recovery in some provinces near Ho Chi Minh City such as Ba Ria - Vung Tau, Long An, Dong Nai, Binh In which, the localities with convenient transportation infrastructure, recording the increasing trend of public investment, especially the potential for tourism and seaports are benefiting greatly. As noted, the real estate notary offices in these areas are always bustling with people to transact on weekends. Many large-scale projects of large investors have also increased the interest of investors.
According to JLL Vietnam, although the market has been compressed recently due to the impact of the epidemic, housing demand has remained at a high level. Demand increased sharply in large-scale projects distributed in suburban districts with full internal facilities, attracting buyers with real housing needs. On the other hand, the lack of investment channels along with low deposit interest rates have changed the investment tendency of idle capital owners to more profitable areas such as real estate. Limited supply in the context of abundant capital also raised expectations for the real estate market.