Since the beginning of the year (ie June compared to May 12.2009 6.2010), house prices and construction materials (an important part of the property) increased 9.08%, the highest compared to other investment channels (CPI increased 4.78%, gold prices increased 0.3%, the USD up 0.41%, interest rate savings of about 5.5%, VN-Index rose 2.5%, down 5.6% HNX). That's an average speed increase on a national scale.
In fact, in many localities, including Ho Chi Minh City lower volatility, but in many other areas, especially in Hanoi, the changes also many times higher prices accelerated to around (on such as tornadoes), "high draw" in Tu Liem has not stopped overflowing into Ha Dong, Hoang Mai, scan to Linh, Gia Lam, Dong Anh, even "stand up" for three full rumored ...
As predicted, although real estate prices have leveled off, but real estate prices are the potential increase in the future: to continue right up the slope in 2010 and peaked in late 2011-2012. This prediction comes from several reasons.
Pressures caused by population growth, population density. U.S. population in 2010 would be about 86.9 million people (5.6 times higher than in 1921, every year has increased by nearly 1 million people). Population density of 260 persons/km2 (twice in Asia, the world twice over 5 times). Immigrants and overseas Vietnamese to buy houses tend to rise and is expected to increase in coming years. The rate of urban population will increase strongly.
Vietnam is located in five countries most affected by rising sea levels. There are more important reason is increased demand for housing, not only due to increasing population growth, but also by private demand, the demand for larger area will increase, demand for investment, production sites business and public works equally rapid growth, especially economic growth is on the rebound, just as consumer demand, just as demand for investment in manufacturing, business services increased .
Caused by land acquisition compensation agricultural high up (last year was 5 times higher, but tend to be far higher because multiple is lower than in urban areas, suburban areas).
Regarding credit, the current real estate loans for banks by around 10% of total outstanding loans (about 192 trillion). High loan interest rates had previously been partially lowered and will continue to be lowered again will drag down real estate lending rates. Other markets showing signs of stability, as gold prices, the USD, interest rates tend to reduce saving. Stock prices pretty long time domains, to increase but this could be far worse than last year's growth rate, while the price of the property code as NTL still increased compared with the common ground; KBC, are as shrugged his SZL to jump.
Property market has many segments: trading, recovered, clearance, construction ... especially construction. Want to catch up economic opportunities to recover, then the construction must be done soon, less then a year, many years, they must come. Moreover, high interest charges for not investing in the market was at the top, because it was peak will pass into the steep side, but from the foot slope, at a minimum it from halfway up slope, should be able property market will warm up in the last year (starting from the transaction, then the price, warm start, then into hot sauce).
According to Youth Online
Back
Print version
Back to Top