Land Land in Ho Chi Minh City – Saigon Townhouse

Land plot project in Ho Chi Minh City - Saigon Townhouse - Villa in Ho Chi Minh City in 2023. Thuan Hung Group website updates the latest information and news about high-class townhouse project real estate in the following districts:

What is the scenario for the real estate market in 2023?

In the context that the real estate market in 2022 enters a decline cycle, with many unresolved limitations, the 2023 real estate market is forecasted to have many difficulties but still have positive bright spots.

The real estate market in 2022 is not completely gray, but according to experts, the remaining limitations need to be resolved strongly in 2023 for the market to develop smoothly and healthily. As pointed out by the Vietnam Real Estate Brokers Association, the real estate market in 2023 has both positive and negative points intertwined. Specifically:

Positive point:

Vietnam GDP increased by 7%. This is the second consecutive year that Vietnam's economic growth has reached over 7%.

The amount of remittances to Vietnam is estimated at 18 billion USD, a slight increase of 6% compared to the previous year. In which, more than 20% of remittances poured into real estate.

The demand for housing is huge, Vietnam is the 15th most populous country in the world. Tourism activities achieved a miracle, attracting over 18 million international visitors, the highest ever.

The State always focuses on investing in new infrastructure. To date, across the country, nearly 997 km of highways have been completed and put into operation, connecting regions.

Land plots in Ho Chi Minh City – The system of legal documents related to Real Estate is not synchronized:

A series of projects that do not meet the legal requirements are publicly offered on the market.

Project development and investment costs have increased: compensation, site clearance, labor, interest rates, materials, etc.

According to this unit, the Vietnamese real estate market in 2023 will generally continue to decelerate, but in fact, there will be no virtual market crisis or bubble. The only paradox of the real estate market in 2023 is that although the demand for buying is still high, it cannot promote development investment.

“Obviously, the real estate market is going through a challenging period with many difficulties, but the most important thing is that each of us must take action, need breakthrough actions to overcome the challenge. In my opinion, the market is developing in a good direction. This is the period when the market solves the bottlenecks to make a common foundation for the development in the following years.

Currently, companies that do not do well have sanctions and policy adjustments to make the market develop more sustainably. It can be said that 2023 will be the foundation year for the real estate market. Where businesses compete with each other by capacity

City Land Project in 2023 All Saigon:

Districts 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - Tan Binh - Tan Phu - Thu Duc - Binh Tan - Phu Nhuan - Binh Thanh - Go Vap - Nha Be - Binh Chanh – Cu Chi – Hoc Mon…

Regularly update the latest price list of the latest real estate projects in Ho Chi Minh City in the new year 2023 about: Location, design, utilities