HCM CITY — Việt Nam's real estate market will bounce back starting from the second quarter of 2024, and prosper into 2025, experts said. Speaking at the Việt Nam Real Estate Summit 2023 held by Batdongsan.com.vn in HCM City last week, Nguyễn Quốc Anh, deputy general director of the property listing platform, said the Vietnamese real estate market in 2023 has been experiencing positive changes and mirroring a previous cycle. He predicted that the real estate market will show signs of a turnaround from Q2 to Q4 next year, with liquidity coming from apartment products meeting real housing needs. At that time, the market will continue to enjoy good growth in terms of liquidity and prices, and many real estate products will appear, he added. At the beginning of November, senior government officials held high profile meetings with major Vietnamese developers to address issues that are impeding real estate development.

Source: Viet Nam News December 18, 2023 17:40 UTC