Thus, this figure has decreased by VND 19,047 billion compared to the same period last year and also decreased by VND 867 billion compared to the previous month.
The Housing and Real Estate Market Management Department commented that real estate inventories continued to decline, but the pace has slowed. Inventory is mainly land in the projects far from the center but there is no adequate infrastructure.
Among inventories, the value of housing land led with VND 14,325 billion, nearly 3.8 million m2; followed by low-storey houses with about VND 8,874 billion with 4,064 units; apartment apartments are estimated at VND 5,859 billion, equivalent to 4,042 units; commercial land is about 775.109m2, equivalent to VND 2,784 billion …
In Hanoi, inventories are currently at VND 5,611 billion, down VND 1,135 billion, approximately 17% compared to the same period last year.
While the inventory value of Hanoi tends to slow down compared to the previous year, Ho Chi Minh City has a faster decline. Currently, the total inventory value of the City is about VND 5,954 billion, down about VND 4,153 billion – 41% more than the end of last year.
Regarding real estate market developments in the last quarter of this year, according to Mr. Nguyen Trong Ninh, Director of Housing and Real Estate Market Management Department, real estate prices had a slight increase, but did not appear. sudden increase in price.
Analysis of the experts showed that in Hanoi, real estate prices remained quite stable, not much fluctuation, especially the apartment segment.
The segment of semi-detached houses and villas does not fluctuate because of the small number of new projects in this period, the number of transactions is not much. Only land plots in suburban areas increased slightly.
According to the report of the Vietnam Real Estate Association, the land in the peri-urban area of the city has complete infrastructure, located in the area where many roads have been and are being completed such as Vinh Ngoc, Dong Tru, Dong Hoi (Dong Anh), An Khanh-An Thuong area (Hoai Duc) has a price increase of 10-15% compared to the beginning of last year.
In Ho Chi Minh City, real estate prices fluctuate with each type of property. For middle and high-end apartments with favorable location and good progress, the reputable investor of selling prices has increased slightly.
Affordable apartments have small and medium areas due to low supply, so the selling price increases by 1-2% and especially in the secondary market.
With the land plot segment, villas and adjacent houses have slightly increased in the peri-urban areas such as in District 9, District 12, Thu Duc District and some areas in Binh Duong and Dong Nai provinces. city boundary.
The segment of individual houses in the inner city districts is also interested by many people; Prices of existing houses in districts such as Go Vap, Tan Binh and Binh Thanh increased slightly.