What thrust for the real estate market in 2021?

Minh Hoàng
April 26, 2021

(TN&MT) – Theo các chuyên gia bất động sản (BĐS), năm 2021, để vượt qua khó khăn và bước vào giai đoạn phát triển mới, thị trường BĐS nhà ở sẽ cần nhiều lực đẩy giúp phục hồi và tăng tốc trở lại. Một trong những yếu tố đáng lạc quan là diễn biến kinh tế vĩ mô và công tác kiểm soát dịch bệnh rất tốt của Việt Nam…


– The market report of DKRA Vietnam Joint Stock Company has just announced that, in the period of 2013 – 2015, the real estate market of the country faced many difficulties due to the decline in supply and consumption rate, not even recorded. receive transaction. To revive the market, the State approved and issued a series of supporting policies such as a preferential credit package of 30,000 billion VND, and important legal documents including: Land Law 2013, Investment Law. , Housing Law, Real Estate Business Law 2014, … At the same time, promoting the implementation of many large-scale transport infrastructure projects are important levers to help the market begin to recover in the year. 2016.

– Similar to the period 2013 – 2015, the housing real estate market in Ho Chi Minh City in 2020 also faces many challenges with the double effects of the pandemic and the long-lasting decline from 2019. Due to the tightening of the application process. project permits of State agencies, the supply of new projects continued to decline significantly. In Ho Chi Minh City, the market is almost absent of Grade C apartments while the demand in this segment is still great. At the same time, although new supply fell sharply, the price level continued to increase. In particular, the primary price in the later periods increases by 10% – 15% on average compared to the selling price in the previous period. This makes home ownership for people in need of real accommodation with low financial resources becomes more difficult.

– With the resort real estate, this is the segment most affected by the pandemic in 2020 and the breakdown of profit commitments at the end of 2019. Accordingly, the market has opened up the form of financial investment in real estate. like real estate investment trusts that the law has not specified yet. In the area of ​​Bao Loc – Lam Dong, many projects are advertised with new models such as homestay, farmstay, … However, at present, the State has no specific regulations to monitor and manage activities of all types. this. The above things show that the market still has some potential risks and risks.

– Mr. Nguyen Hoang – Director of R&D DKRA Vietnam predicted that, entering 2021, to overcome difficulties and enter a new stage of development, the housing real estate market will need a lot of thrust to help recover and speed up again. One of the most optimistic factors is Vietnam’s good macroeconomic development and disease control. “According to the General Statistics Office of Vietnam, the gross domestic product (GDP) in 2020 is estimated to increase 2.91% compared to 2019, although there are many fluctuations last year. The World Bank also forecasts that Vietnam’s economy will grow by 6.8% in 2021 – the world’s leading growth rate. This brings prospects, opportunities and positive signals for the real estate market to transform, ”said Mr. Hoang.

– According to Mr. Hoang, the legal policies officially take effect in 2021 such as the Investment Law 2020, the Revised Construction Law 2020, Circular 21/2019 / TT-BXD, Decree 148/2020 / ND-CP … will help the market operate more transparently. In particular, the establishment of Thu Duc city and the policy of promoting the deployment of many key transport infrastructure projects in 2021 are also advantages to promote the market’s breakthrough.

– On the basis of the above existing premises, many real estate experts believe that there should be more solutions to enable the real estate market in 2021 as follows:

– Regarding the legal policy: The legal system related to residential real estate must be added and improved to catch up with developments and market demand. Legal processes should be simplified, creating conditions for businesses to remove procedural problems, and soon improve project legal. From there, speed up construction, increase supply and stabilize the price level in the market.

– Transport infrastructure: Speeding up the implementation of traffic infrastructure projects that will soon be put into use. Besides, the planning of Thu Duc city should be issued with more specific guidance by the State so that businesses and people can proactively have appropriate development strategies.

– The role of real estate businesses: Enterprises should diversify channels to access new capital sources from the stock market, foreign investment funds, … to improve financial capacity, limit dependence on capital mobilization channels. customer. At the same time, investors must focus on investment in landscape, project facilities, ensure the quality of the project and flexibly apply sales policies, … to create a competitive advantage and attract the attention of customer. In addition, businesses should promote the application of technology in operating models to improve service quality and optimize costs. Most importantly, businesses need to strictly comply with the provisions of the law, avoid mistakes that destabilize the market and society.

– Green and sustainable real estate development: This is an inevitable trend for the market and businesses. In the long term, a project that meets green and sustainable criteria will bring a lot of value to buyers, investors and the whole community. Therefore, real estate and sustainable should be focused on by developers in the near future.


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