Investors from Singapore, South Korea, Taiwan, Japan and Malaysia invested about $1.4 billion in merger and acquisition (M&A) deals in Vietnam's real estate sector in the first seven months of this year.

More effective solutions are being called for to pave the way for new supply and access to buy property.

With the reduction in interest rates, international credit rating agency Fitch Ratings believed the credit and liquidity risks of Vietnam’s real estate have passed their peak.

The spotlight has been back on the real estate market in recent months with many renowned foreign investors entering the market, but further market revisions will be required to keep things moving in the right direction.

Hong Kong’s billionaire Cheng family has taken control of Hoiana Resort & Golf in the central province of Quang Nam.

Malaysian property powerhouse, Gamuda Berhad, has fortified its position in the Vietnamese market through a substantial $300 million real estate acquisition via its subsidiary Gamuda Land.

Danang is seeking investors for three industrial parks (IPs), namely Hoa Cam-phase 2, Hoa Nhon, and Hoa Ninh, with a total area of nearly 900 hectares.

Thomson Medical Group, led by Singaporean billionaire Peter Lim, has cut a deal to acquire the company holding the shares of FV Hospital in HCMC for a value of US$381.4 million, reported international media.

The domestic real estate market is forecast to recover in the second half of the year thanks to policies issued so far in 2023.

An individual needs an income of at least VND25 million (US$1,060) a month to be able to buy a home in Ho Chi Minh City, according to an analyst.

The demand for industrial land for lease in Vietnam remains high, but the supply of industrial land is low.

Vietnam’s property market is still attractive to the foreign community, but it is necessary to continue to improve its legal landscape, information transparency, and data availability to create further enhancements for foreigners to invest.