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Real estate market in 2009: "God" on the average home (16:32' 31/12/2008)
One year is considered a "nightmare" for enterprise investment, business and head of real estate, the two extremes clearly going very quickly from "very hot" to "extreme cold". Năm 2009, có thể hi vọng thị trường BĐS sẽ sôi động trở lại. Nhiều chuyên gia trong lĩnh vực BĐS cho rằng vẫn còn nhiều "cửa" để đầu tư kinh doanh. 2009, can expect real estate market will be vibrant again. Many experts in the field that is still many "door" to the investment business.
The two extremes of the market are clear manifestation especially in HCMC.

Reduction of market apartment projects, land base

Reducing the strongest apartment project, the new platform is implemented or are still incomplete. At the time in 1 / 2008, in the area Saigon South, District 2, District 9, Thu Duc ... real estate prices by increasing daily, even hourly. Landscape the hustle, queue to sign up to buy apartments, land base occurred often.

Project Him Lam - TE Channel, located in the Saigon South, starting when the channel has not only TE with 7 - 8 million dong/m2, in the progress of the roads connecting the District 4 District 7, price the land between 15 -16 million dong/m2. But the peak period points, about 1 month ago here in the fever of up to 70 - 80 million dong/m2, fish and is worth 90 million dong/m2. However, to this point, the base price of land has been sold out 23 - 28 million dong/m2 but also very difficult to sell. Similarly a series of apartment projects such as Phu My Hung Long, Phu My Hung is currently the sales price is very low, only about 60% compared to the time value fever.

The Project Vista (District 2) is considered to be "hot" of the real estate market, when a new start each product with the guests to queue 2 days trời new home be purchased apartments. Even at that time to hand an apartment can earn 300 - 400 million, but every time the transactions here were closed by investors after more than 1 year has not been completed móng works.

According to Le Hoang Chau - Chairman of Association of HCM City real estate is one of the causes leading to the status of the land price rise is due reverie by some investors have made comparing real estate prices in Vietnam with a countries in the region and to improve cost flats in urban raised equivalent. Government enterprises have forgotten that it should be based on factors that shape the price, infrastructure conditions, the average income of people is much lower.

Go to Market Alley

In fact real estate market in Vietnam has not completely closed by the many product lines are still interested customers and transactions of success is very large. This show really needs is still a lot but only to the enterprises, which see the small slot to go to investment decisions.

The main market has decreased in price, the investors have the phrase in 2008 between the Joint Stock Investment South Long launch a mass market product such as An Apartment Vienna (Tan Thuan Dong - District 7) , E. Home (East Saigon) ... only a short time sold out.

According to Nguyen Xuan Quang - Director of Joint Stock Investment Nam Long, each new product launch of the research must be clearly market demand. In the apartment with E. Home criteria "The price is not high but the quality of life must be high", with prices from 500 - 700 million, flat chain E. Home special interest in the construction of synchronous infrastructure and social services to the community.

Together to meet product for people with real needs, real estate company Land Lanh was the Ministry of Construction to allow the construction of the commercial area of 30 m2 or more. The value of each apartment is about 350 - 500 million to help low-income people can buy houses.

Navigation market to the majority

Before the actual needs of housing, the last government decided in 2009 to 2,500 billion pouring into the development of social housing and HCMC give policy support to the maximum implementation housing for workers. Le Hoang Chau said: "It has 2 main effects to real estate market. Firstly it solve congestion on the financial markets for real estate in the time of difficulties, solving the immediate needs. Second as a stable social help for social security development better. " According to Asia, with this policy it will re-structure the housing market. The market will move for the customers have the level of income and quite stable.

In addition to the apartment project in the social housing or for customer average income and stability will have a series of high-rise projects others continue deployment. But this is mainly the owners of foreign investment and they have to target market is not high.

Indeed, real estate market is always associated with infrastructure and in the coming time in HCM City will have a series of urban roads will be completed as the East-West Highway, road Trung Luong, the Thu Thiem, the basement Thiem, the Phu My ... will strongly impact the price of real estate in the area. Therefore, the real estate market also depends on the level of completion of the infrastructure in time, in 2009 or 2010
                                                                                                                 Source: Business Forum
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