Who can buy social housing?

Who can buy social housing?

According to Article 49 of the 2014 Housing Law, 9 subjects were eligible to buy social housing. However, these subjects also have to meet three conditions of housing, residence as well as income.


According to Clause 7, Article 3 of the 2014 Housing Law, social housing is a state-supported housing for beneficiaries of housing support policies in accordance with this Law.


Ecohome 2. Housing (Photo: Minh Anh).


10 subjects are allowed to buy and rent social houses


Regarding the beneficiaries of social housing support policies, Article 49 of the 2014 Housing Law stipulates that 9 subjects are allowed to buy social houses, including:


1. People with meritorious services to the revolution according to the provisions of law on preferences for people with meritorious services to the revolution;
2. Poor and near-poor households in rural areas;
3. Households in rural areas of regions frequently affected by natural disasters or climate change;
4. Low-income people, poor and near-poor households in urban areas;
5. Laborers working in enterprises inside and outside industrial parks;
6. Officers, non-commissioned officers, professional and non-commissioned officers, professional armymen, workers in agencies and units of the People's Police and the People's Army;
7. Officials, civil servants and public employees in accordance with the law on cadres, civil servants and public employees;
8. Subjects who have returned official residences according to the provisions of Clause 5, Article 81 of this Law;
9. Students and students of institutes, universities, colleges and vocational training schools; students of public ethnic boarding schools may use houses during their study time;
10. Households and individuals subject to land recovery and house clearance and demolition according to law provisions without compensation from the State with dwelling houses or residential land.


According to Article 50 of this Law, only 9 subjects are allowed to buy social houses. Particularly for pupils and students of institutes, universities, colleges and vocational training schools; Students of public boarding schools who are allowed to use houses during their study may only rent social houses.


Three conditions for buying social housing


Also according to Article 51 of the 2014 Housing Law, the above 9 subjects will be allowed to buy social houses, rent or hire them if they meet three specific conditions.


Regarding housing conditions, there are no houses under their ownership, have not been purchased, rented or leased to buy social houses, have not been entitled to the housing and housing support policies in any form in their places of residence, study or have houses under their ownership but the housing area per capita in the household is lower than the minimum housing area prescribed by the Government in each period and region;


Regarding residence conditions, permanent residence must be registered in the provinces or centrally run cities where the social houses are located; In case of no permanent residence registration, it is required to have a temporary residence registration of one year or more in this province or city, unless otherwise prescribed.


Regarding the conditions of residence, the person who is allowed to buy social houses in the above items must be exempt from regular income tax in accordance with the law on personal income tax; In case of being a poor or near-poor household, they must be poor or near-poor according to the Prime Minister's regulations.


For the subjects specified in Clauses 1, 8, 9 and 10 above, the income requirements prescribed at this Point are not required.


Form of implementation of social housing support policies


According to Article 50 of the 2014 Housing Law, the form of implementing social housing support policies includes:


1. Supporting the settlement of lease, lease-purchase, sale of social houses for the subjects specified in Clauses 1, 4, 5, 6, 7, 8 and 10 of Article 49 of this Law; For social entities prescribed in Clause 9, Article 49 of this Law, they are only allowed to rent social houses.
2. To support under target housing programs for subjects defined in Clauses 1, 2 and 3, Article 49 of this Law to build or renovate or repair dwelling houses.
3. To support the allocation of residential land with land use levy exemption or reduction according to the provisions of the land legislation or donate houses to subjects defined in Clauses 1, 2 and 3, Article 49 of this Law.
4. Providing support for the State's preferential loans through the Social Policy Bank, credit institutions designated by the State to subjects defined in Clauses 1, 4, 5, 6 and 7 of Article 49 of this Law on new construction, renovation or repair of residential houses.


Follow Life & Legal

Trend of developing smart trade centers

Trend of developing smart trade centers

Green design, smart operation according to international standards is the trend in developing commercial centers today.

Vincom Retail Joint Stock Company has just announced the development of three new shopping centers, including Vincom Mega Mall Ocean Park, Vincom Mega Mall Smart City (Hanoi) and Vincom Mega Mall Grand Park (Ho Chi Minh City). All three new shopping centers will be put into operation in 2020.


According to the representative of Vincom Retail, the most outstanding feature of these 3 shopping centers is the construction of green space, besides intelligent operation. Vincom Retail wants to build a shopping center that is not only a shopping place, but also a place to enjoy art, creating different experiences when shopping.


Mr. Richard Wood, Director of CONCEPT-I designed Vincom Retail shopping centers, said that the leading design of Vincom shopping centers will be integrated with exciting experiences in a closed space.


For example, the LED system, the sound system, the lighting... and especially optimizing the natural light and not obstructing the view, making the space spacious, customers can look to the store. next. The store opens with a food experience space, which doesn't seem to have any glass doors or other obstacles, will create an extremely open space.


Meanwhile, the smart technology at Dai Phuc Group's commercial centers built in Van Phuc City urban area was also revealed by Ms. Nguyen Huong, General Director of Dai Phuc Land to reporters.


Specifically, Ms. Huong said, since the beginning of 2019, this enterprise has abandoned the old design, replacing it with a series of new designs, including focusing on smart technology management and operation into centers. trade, increase the amenities used to attract customers.


“We are determined to develop open spaces in shophouses as well as shopping centers, as well as intelligent interconnected booths and modern entertainment technology based on 3D technology as the core at the centers. trade center”, said Huong.


In addition, according to the data of CBRE Vietnam Real Estate Market Research Company, surveyed at a number of large commercial centers in Ho Chi Minh City, investors are increasingly allocating more space for the dining sector, from 19% of retail space in 2015, to 31% in 2018 and up to 40% in 2019 - the same area for fashion.


“Shopping malls are now not only shopping places, but also places where consumers come to eat, drink, watch movies...”, said Mr. Henry Chin, Head of CBRE Asia - Pacific Research Department said.


Ms. Nguyen Thi Yen Vy, Head of MESA Market Development Department, said that the application of technology to the construction of trade centers by businesses is a must, because the world has done very effectively.


According to Ms. Vy, the application of smart technology and the trend of being close to nature will create openness for businesses when they are not limited to the city center, but expand to suburban areas to develop. but still attract large customers to shop and experience.


Sharing the same view, Ms. Nguyen Thi Khanh Trang, Head of Research Department of Savills Vietnam, said that in the context of many retail centers growing in non-CBD areas, the direction to experience is more like solutions. mind, education, fitness... is a way to improve the occupancy rate of the stall, in line with the actual needs of consumers.


According to Gia Phu

Real estate market: Which regions are investors looking for?

Real estate market: Which regions are investors looking for?

From the beginning of the year until now, coastal land is the most frequently mentioned keyword phrase among investors. Experts said that in the remaining months of 2019, this segment will continue to dominate the market and be hot in some new lands.


Cash flow looking for coastal land


The trend of "offshore fishing" of Hanoi investors does not necessarily take place now, but rekindled from 3 to 5 years ago. Previously, the fact that customers in Hanoi bought a real estate in a local area hundreds or even thousands of kilometers away was considered a luxury story and only for "giants".


With the investment tastes constantly changing and transport infrastructure getting better, distance is no longer a problem, as long as it meets the needs of the investment problem. The fact that a person living in Hanoi owns a "second home" in Da Nang, Cam Ranh, Binh Dinh... to rent or wait for a price increase to resell has become extremely normal and is gradually becoming a trend. The most powerful in recent times.


As one of the most experienced investors in the provinces, Mr. Tran Tien (currently living in Nam Tu Liem, Hanoi) said that the current investors, especially the investors. from Hanoi is much more brave in the "down money" in the province's property, especially the localities bordering the sea.


The reason for this trend is because in urban areas such as Hanoi or big cities, housing prices will be relatively saturated if there is no shock information such as construction of large infrastructure projects or "Up to life" administrative units. Meanwhile, provincial real estate investment always needs less capital in big centers. The wave of "real estate" giants looking to the provinces to build trade centers, service areas, and resort resorts has also encouraged many individual investors to search for small provinces, causing land prices to rise.


According to Mr. Tien, recently, he and his group of friends are Hanoi investors who have visited some markets such as Phu Yen, Binh Dinh, Ninh Thuan, Quang Binh. The survey is not outside of the purpose of seeking investment opportunities in some of these localities, especially coastal land products of new urban development planning areas.


According to Mr. Tien, with the relatively low investment capacity and high growth potential, coastal land projects in these localities can be considered as an ideal address for funding. With the land products of just over 1 billion, most people who have spare money can participate in the market.


“I realize that there are many groups of investors who invest in several people, each spending only a few hundred million dong to collect a few plots of coastal land. This investment method often uses own capital so buyers are not under pressure to sell if the market is not favorable”, Mr. Tien said.


Sharing the same view, Mr. Nguyen Hoang Son, Deputy General Director of Sales - Marketing, Danh Khoi Real Estate Joint Stock Company said that the trend of groups of investors participating in the coastal land market flourished. Investors see the potential of this segment.


According to Mr. Son, compared to investing in apartments and new product lines such as officetel, hometel or condotel, the land investment channel is superior to 4 factors: the ability to increase prices sharply, sudden profitability rate. variable, limited supply and high guaranteed value. This is the reason for the recent time, the coastal real estate market is witnessing a wave of money pouring in, investors mainly from big cities of Hanoi, Ho Chi Minh City...


In particular, Mr. Son revealed, the projects distributed by Danh Khoi have a large group of Hanoi customers, many projects from Hanoi account for 60-70% of the order.


Legal caution


According to analysis of many investors, in the real estate cart, the land is the product to preserve the best value and profit. Coastal land has the added advantage of combining settlements and relaxation, so it will be paid more attention.



Mr. Vu Kim Giang, General Director of Hai Phat Real Estate Joint Stock Company said that coastal land type will be an attractive investment channel in 2019, due to the scarcity of land fund, fertility rate. High profits and psychology favor the mainland. Due to the small drop in supply, the resale of products does not take time and is easier to find customers than other segments.


"Compared to the current investment channels, land is still the most attractive segment in the market because of its high liquidity as well as low investment capital," Giang said and said, traditional land markets. Investors have begun to reduce their attraction, because the prices in these markets have increased to saturation level, so investors tend to look for new localities such as Binh Thuan, Ninh Thuan...


Sharing the same view, Mr. Nguyen Van Dinh, Standing Vice President and General Secretary of Vietnam Real Estate Brokers Association also said that investors are now looking to new areas where there is much potential for tourism, industrial real estate but land prices are still cheap.


However, according to Mr. Dinh, although land is a potential investment channel, investors should be cautious in choosing investment products. Particularly for land plots in young cities, investors need to pay special attention to legal issues.


"Investors should only buy land plots that have been licensed for sale, urban residential land and residential land to ensure the ownership of the products. Especially, projects with detailed planning should be invested 1/500, to concretize the content of the general planning and zoning planning, details of the arrangement of all works on land, technical infrastructure, and detailed planning for arrangement of each land boundary. shown on this map" Mr. Dinh recommended.


According to expert Nguyen Tri Hieu, the investment in coastal land is mainly investors' expectation in the resort tourism market. As such, buyers need to pay attention to the radius around the area they invest in to be able to exploit tourism, with potential for tourism development or not.


“Buying coastal land plots is more risky than ordinary land plots, having to consider the location, the legality of the land plots, that project, if you do not want to hug the goods then the dilemma, the sale cannot be kept incomplete. Absolutely limit bank loans to invest because the pressure will be great”, Mr. Hieu said.


According to Ninh Viet

Vietnam real estate: Opportunities for international access are increasingly more pronounced

Vietnam real estate: Opportunities for international access are increasingly more pronounced

Vietnam Real Estate Award PropertyGuru 2019 ended successfully with over 52 award categories. Not only honored with the prestigious awards, this is also an opportunity to expand the market, access world trends for real estate businesses in Vietnam.


Raise wings for excellent projects


After nearly a year of selection with a lot of rigorous criteria, at the gala night of the Vietnam Propertyy Awards ProperyGuru 2019 (PropertyGuru Vietnam Property Awards 2019), many big names have been honored, recognized for their contributions and nonstop effords during the past time.


Specifically, Kien A Group by MS. Huynh Ba Lan (currently Chairman of the Board of Directors) won the highest award with the best investor award and the best investor of complex project. The award for the best medium-sized investor belonged to Son Kim Land, a familiar name in the annual award ceremony. In addition, the award of the real estate character of the year known as not in the voting system of the jury was awarded to Gamuda Land Vietnam President - Mr. Cheong Ho Kuan. A total of 52 special categories and awards during the awards ceremony, including the Corporate Social Responsibility Award (CSR) and the Sustainable Development Award, were awarded to more than 20 investors from Ho Chi Minh City, Hanoi, Ha Long Bay, Cam Ranh and other leading investment areas in the country. New awardees this year include Gotec Land, GFS Group, Phuc Khang Corporation, HDMon Holdings, Him Lam Land, Xuan Mai Saigon and Maxland.


“Over 5 years of companionship, Vietnam Propertyy Award ProperyGuru has witnessed the growing and growing of the real estate market in Vietnam. We are extremely happy that it is increasingly difficult to evaluate and select because the candidates are excellent projects and investors. This is really a good sign for Vietnam real estate market on the path to achieving the goal of sustainable and healthy development” - Mr. Duong Quoc Thien - Chairman of the jury of Vietnam Real Estate Awards ProperyGuru 2019 for know.


Vietnam Real Estate Award ProperyGuru is considered one of the prestigious Real Estate Awards with many rounds of review with the most stringent criteria today and detailed to each item. Even in each country, the PropertyGuru award has a separate review and evaluation process, and decision making usually lasts 6-8 months before the award is announced. The award also ensures its transparency and fairness when there is always an independent monitoring unit overseeing the entire award.


Open the door to the international market


In addition to honoring outstanding projects and investors, the Vietnam Propertyy Award ProperyGuru also contributes to opening the door to the world for the Vietnamese real estate market. Specifically, the winning projects and developers in the main categories will be representing Vietnam to attend the final round of the Asian Real Estate Awards in Bangkok, Thailand. This is a rare opportunity for Vietnamese real estate to be marketed widely in the region as well as domestic businesses will find significant cooperation units. After 5 times of organizing, it can be seen that the real estate projects that participate in the final of the Asian Real Estate Awards all reap the noble awards and create a buzz for the international community, opening up many opportunities for cooperation as well as investment attraction.


According to Mr. Hari V. Krishnan, CEO of PropertyGuru, Vietnam is a country with great potential for real estate investment thanks to the stable and safe political situation; sustainable economic growth; young population with high demand for property ownership.


“Awards such as Vietnam Real Estate Awards ProperyGuru is an opportunity to affirm the quality of projects in Vietnam's real estate market, attract the attention of the international community and more and more quality projects are progressing. closer to the diverse needs of users. PropertyGuru will also continue to accompany to honor investors and quality projects in Vietnam in the coming years” - Mr. Hari V. Krishnan emphasized.


Real estate experts also said that, besides a few international conferences to promote domestic real estate abroad, almost domestic marketing of real estate out of the territory is very limited. Therefore, the Vietnam Real Estate Award PropertyGuru will become a good opportunity, helping Vietnam Real Estate to open the door to the world that was quite narrow before.


According to Real Estate Investment Newspaper

Functional areas of over 500 hectares must be elaborated in a general construction planning

Functional areas of over 500 hectares must be elaborated in a general construction planning

The Government has just issued Decree No. 72/2019/ND-CP to amend and supplement a number of articles on the formulation, appraisal, approval and management of urban planning and construction planning.


Illustration


Decree No. 72/2019/ND-CP was issued to amend and supplement a number of articles of Decree No. 37/2010/ND-CP of April 7, 2010, on preparation, appraisal, approval and management. Urban planning and Decree No. 44/2015/ND-CP dated May 6, 2015 detailing a number of contents on construction planning.


Specifically, Decree No. 72/2019/ND-CP amended the principle on urban planning principles in Decree No. 37/2010/ND-CP. Accordingly, centrally-run cities, provincial cities, towns, townships and new urban centers must be elaborated in a general plan, ensuring that they are in line with national, regional and provincial plannings.


On the principle of urban planning, Decree No. 72/2019/ND-CP also supplements the provisions: In case it is necessary to adjust the boundary or some land use criteria to implement a construction investment project, centralized works or individual constructions in areas with approved detailed urban plannings, competent state agencies approving detailed plannings based on the approved planning contents and regulations, national technical standards on construction plannings, technical and social infrastructure conditions of urban areas or regions, architectural management regulations to decide on the local adjustment of detailed urban planning. The partial adjustment of urban detailed plannings complies with law provisions.


In addition, Decree No. 72/2019/ND-CP also amended and supplemented a number of provisions of Decree No. 44/2015/ND-CP dated May 6, 2015 detailing a number of contents on construction plan.


In particular, Decree No. 72/2019/ND-CP amended, the time of making construction planning tasks of inter-district and district regions does not exceed 02 months. The time of formulating planning blueprints for inter-district and district regions must not exceed 12 months.


For functional areas with a scale of over 500 hectares, Decree No. 72/2019/ND-CP provides more specific rules on planning principles. Accordingly, functional areas with a scale of over 500 hectares need to be made general construction planning, ensuring compatibility with provincial planning, construction planning of inter-district, district and urban planning. The approved functional construction general plannings are the basis for subdivision planning and construction detailed planning.


Functional areas with a scale of over 500 hectares may formulate construction subdivision plannings as a basis for elaborating construction detailed plannings and identifying construction investment projects, if defined in the approved general urban planning.


At the same time, Decree No. 72/2019 / ND-CP supplements the regulations, where it is necessary to adjust the boundary or some land use criteria to implement a concentrated construction project or work for individual projects in areas that already have approved detailed construction plannings, competent state agencies shall approve detailed plannings based on the contents of the approved plannings and the national technical regulations on regulations. construction planning, technical and social infrastructure conditions of the region, architectural management regulations to decide the local adjustment of construction detailed planning. The partial adjustment of construction detailed plannings complies with law.


Decree No. 72/2019/ND-CP also stipulates more clearly the principles of rural construction planning. Accordingly, the communes must be prepared general construction planning to concretize provincial planning, construction planning of inter-district regions, district regions, general planning of cities and towns, as a basis for making detailed building rural residential areas and establishing construction investment projects.


Rural residential areas must be elaborated with detailed construction plannings in order to concretize the general construction planning of the commune, which forms the basis for formulating construction investment projects and granting construction permits.


The Decree also stipulates more clearly the collection of opinions on construction planning of inter-district and district regions. Accordingly, agencies organizing the elaboration of construction plannings in coordination with People's Committees at all levels are responsible for collecting opinions of relevant agencies and organizations in the process of formulating construction plannings design of inter-district and district regions.


According to Dau tu Online

The Ministry of Construction proposes to build an apartment of 25m2

The Ministry of Construction proposes to build an apartment of 25m2

The agency for the first time introduced a proposal to permit the construction of 25m2 apartments in the draft National Regulation on Condominiums.


The draft National Technical Regulation on apartments is being published by the Ministry of Construction for comments. In particular, the requirements for planning and architecture, the Ministry of Construction draft regulations, apartments must have at least one room, one toilet. Minimum area must not be less than 25 m2. In commercial housing projects, the percentage of apartments with area under 45m2 must not exceed 30% of the total number of apartments.


Previously, more than 2 years ago, when some localities and businesses proposed to allow investment in houses with small apartments, the Ministry of Construction responded that they could temporarily apply the standard of dark area. The area must not be less than 25m2 until the promulgation of national standards. 25m2 is also the minimum area for social housing apartments according to current regulations. Following that guidance, in the past few years, several agencies have implemented it.


In the Housing Law amended in 2014, the Ministry removed the minimum area limit of 45m2 for commercial apartments. The management agency also acknowledges the demand for apartments with small area (less than 45m2) is very large. This type of housing is aimed at low income, single people, young households with 2-3 members in big cities and industrial development areas.


However, the above opinion of the Ministry of Construction has received mixed opinions. The government of Ho Chi Minh City has repeatedly expressed the view that if the type of small-sized commercial apartment increases, leading to the rapid population growth, it will lead to great pressures on infrastructure and transportation. Meanwhile, the city is also expanding its population to the periphery so it does not want to develop small-scale commercial housing in the inner city.


In the draft National Technical Regulation on apartments, the Ministry of Construction also proposes standards for types of hybrid apartments such as condotel and officetel with an area of at least 25m2. In addition, office apartments also add a minimum working area of 9m2 and do not have a kitchen in officetel.


This is the first time the standards for condotel and officetel are mentioned in a legal document. For many years, this type of apartment has been boomed by businesses and launched tens of thousands of apartments, but the standards as well as the issuance of pink books, recognition of ownership period still have problems and controversy.


According to Vnexpress

Discouraging real estate investment abroad

Discouraging real estate investment abroad

The Investment Law (amended) by the Ministry of Planning and Investment does not encourage offshore investment in real estate.


Offshore investment is an opportunity for Vietnamese real estate enterprises to go to the big sea. Photo: Dinh Son


Concerned about relocation of assets or for long-term residence abroad, potential risks as well as loss of country resources, the Investment Law (amended) of the Ministry of Planning and Investment discourages Offshore investment in real estate.


However, experts and businesses said that this restriction goes against the market and is not necessary.


Bring foreign currencies, partners back to Vietnam


Mr. Nguyen Vu Bao Hoang, General Director of Thuduc House Company, who is investing real estate in foreign countries, thinks that investing abroad, including real estate field, is normal in the market mechanism. The school is in general because this is a business opportunity, an opportunity for business development. It is important to make formal investment, through the management processes and laws of our state and in accordance with the laws of the host country. When returning or collecting foreign investment items, tax and financial obligations must be clearly stated to the authorities, especially the tax industry. “When investing abroad, we not only bring domestic money to invest, but sometimes bring back other partners to associate with and invest in reverse in Vietnam, bringing foreign currencies back to the country. Typically at Thu duc House in all business areas, there are joint ventures, associating with foreign businesses”, Mr. Hoang analyzed.


According to Ms. Nguyen Vu Thien Diem, Chairman of Thien Minh Group's Board of Directors, currently, the real estate market in the country is facing many difficulties, many businesses are also looking for ways to invest abroad, especially the US. Offshore investment has no breakthrough in profit like in Vietnam but the advantage is stability. All countries encourage enterprises and foreigners to invest in their countries, while we restrict also means that the freedom of doing business of domestic enterprises is limited. “If the local law does not prohibit but we prohibit it is causing difficulties for citizens, Vietnamese businesses. Currently Vietnam has joined the WTO, businesses investing abroad also want to be profitable, bring money home, no one wants to do business at a loss, to lose capital. Typically, overseas Vietnamese after years of accumulation, many people also bring foreign currencies to Vietnam for investment. Thien Minh Group is currently doing business in the US quite effectively in the field of real estate. This is also a strength to support Thien Minh domestic business. We only need good tax management, post-inspection is fine, should not cause more difficulties”, Ms. Diem analyzed.


Opportunity to go to the big sea


According to real estate expert Phan Cong Chanh, limiting people and businesses investing abroad in the field of real estate is a step back in the integration process and affects the freedom of doing business and owning houses. people abroad. In fact, only enterprises that have domestic potential dare to invest abroad and reach the sea. As in the case of Hoang Anh Gia Lai Group when investing heavily through Malaysia, Laos, Cambodia... In these countries, not only the enterprise brand but the image of the country are also promoted. Individuals or businesses wishing to settle down or expand their investments abroad are justifiable. Prohibition or restriction will arise as a result of which the control will be more difficult and foreign currencies will be lost more.


“Offshore investment is not a loss of the country's resources because they can bring foreign currencies back to Vietnam because of effective business. This is also an opportunity to show Vietnamese prosperity, showing the deep integration of Vietnam, bringing the image of the country, people and Vietnamese intelligence to the world. But it is also necessary to put in place mechanisms and barriers to limit black credit transfer abroad by the non-quota way. Need to delineate cases for effective management, not general provisions”, Mr. Chanh analyzed.


According to Thanh Nien Online

4 types of real estate investors

4 types of real estate investors

Surf investors sniffed goods, took profits first, triggered a land fever but sometimes "drowned" because of the waves they created.


Doan Quoc Duyet, Director of Tin Thanh Company, shared a survey about how real estate investors enter the real estate market and pointed out a group of investors to kick-start the land fever in 2016-2018 cycle.


Normally, after the information is made to build bridges, open roads or new traffic infrastructure such as highways, airports, big projects..., the market starts to receive the interaction of big investors. These are opportunistic hunters who always listen to hot information and take money to run ahead and have more opportunities to make investment and speculative decisions than the rest.


The expert pointed out that there are four types of investors occupying the real estate market from the early stage, opening, leading the market circuit, promoting the heating of transactions until the fever peaks and gradually cooling down


Surfing investors


These are the skilled hunters who sniff (listen for information and take the opportunity quickly). Heard where there is going to be beautiful infrastructure, even just a draft or news of the corridor, surfing investors are ready to fly to the "hot spot", see immediate buying, no hesitation and no waiting. But they also sell immediately in order to take profits. They are more reckless than anyone, can't even afford to borrow to fight. Surf investors are the source of the housing craze. The style of gathering and discharging "fire" is an easy word to imagine for this group of investors.

Ho Chi Minh City real estate market. Photo: Huu Khoa


However, because winning too easily is mainly due to the risk and only seeing width, many surfing investors lack the depth of market knowledge. They only have the opportunity to take chances, get lucky in some cases, have no legal knowledge. So, just making a wrong decision will take your investment away a few miles, even at a loss.


In terms of the number of surfing investors, they dominate the market and they are also the object that has stirred the real estate market for the longest time in the land fever cycle. Those who surf the final waves when the market has passed the peak of fever, often face a very high risk. However, the problem is that no surfing investor believes that the wave they are surfing is the last wave. Therefore, surfing investors are also known as the wave creators for the land craze.


Large capital investors


These are the "players" strong about violent rice money has a calm investment sense. They have the advantage of large capital flows, preferring to own land, in many cases, have a huge collection of real estate in different places. Large capital investors often buy more than sell, targeting high profit margins. Not being sold as expected, they save, they are not confused because they have to hold for a long time, nor worry about the slow profit rotation.


This investor usually has a stable cash flow from other income or from various types of real estate. Because they do not depend on any particular investment, they are also known as a free investor. They have enough capital to split the eggs into multiple baskets and have enough potential to participate in long-distance races. This is a group of investors with characteristics contrary to surfing investors.


Observing investors


This is the most cautious group in the market. They are afraid of risks, like safety, firm and have the characteristics of being afraid of losing capital. They prefer new and agile investment ideas with new information, good knowledge, an analysis of the evolution of the economy from micro to macro but not acting fast.


The group of observing investors has a good understanding of real estate in both width and depth. They are eager to survey and check the status of real estate but are often not easy to buy because they tend to be too strong defenses. Therefore, the amount of their successful transactions accounted for a very low rate in the market. This group of investors only invest in real estate when they are sure of the lowest risk ratio. However, what is certain to eat only enough to eat, it is difficult to achieve a good profit margin.


Professional investors


This is a real profession because they eat - sleep - breathe along with real estate. They have the characteristics of surviving every hot cycle of the real estate market and often choose their own segments and investment preferences. They buy when the market is at the bottom and sell when they reach the top.


The failure rate of professional investors is very low, but the profit margin is ideal because they often operate in teams, groups, funds, do not go alone and do not make rash decisions. They appreciate the opportunity, are equipped with investment psychology and adequate knowledge, have financial preparation very early, have a team leader in advance.


Professional investors, when acting, are not led by "instant profit stories" to the point of making emotional decisions or impatient judgments. The view of this group of investors is that buying in the right way, the market will operate itself in the right direction and the profit will automatically come to itself.


According to Mr. Duyet's assessment, among the 4 groups of investors that create the real estate market, surfing investors accept high risks to get rewarded with huge profits in the short term. However, these wave creators often "drowned" because of the waves they created. In the group of "judging" investors who are highly qualified, but afraid to take action, they observe the market so there is a great degree of inertia in making investment decisions.


Meanwhile, terrible capital investors often buy money with emotion. For example, they buy the house just because it looks good, so cute, bought the land in a snap because of the beautiful facade or liked the garden on the plot... This is not a walk for the majority.


Finally, according to Mr. Duyet, only professional investors are really breathing with the breath of the real estate market and finding a stable balance and profit.


According to Vnexpress

Vietnam industrial real estate needs to encourage industrial cluster model

Vietnam industrial real estate needs to encourage industrial cluster model

Commenting on Vietnam's real estate real estate market, Troy Griffiths, Deputy General Director of Savills, said that industrial real estate in Vietnam should promote the development of a separate industrial cluster model to increase competing capability.


According to Troy Griffiths in highly industrialized countries, the development of separate auto industry clusters becomes important. This way of working helps to bring about better operating efficiency because the steps in the production process are located close to each other and synchronized. The value of focusing on cluster development has been recognized for separate industrial sectors, allowing provinces or regions with low competitiveness to develop and compete more effectively. At the policy level, centralizing areas by industry also benefits the tenants better, rather than the context of separate and scattered industries across the country.


Many domestic and international real estate investors are now targeting industrial land because of the potential that this type of real estate offers. Factors such as global trade, geopolitics and infrastructure development contribute to changing the nature of industrial real estate in Vietnam. Adding to that is the disruption characteristic of the modern logistics and retail industry, thereby creating a very interesting development context for industrial real estate.


Vietnamese industrial real estate is highly appreciated for its potential and opportunity for development. Artwork: Vietnam Plus


Assessing the localities with strong potential for developing industrial clusters, Mr. Troy Griffiths said that Hai Phong is a locality that is developing auto industry segment. With favorable infrastructure being gradually completed, close to major markets, Hai Phong will be an outstanding industrial locality. In addition, Da Nang is also a market that converges all the prerequisites for developing high-value industrial real estate. Besides, Long An has the advantage of low rents and will benefit from connecting Ben 3 belt. Particularly, Binh Duong, due to its close connection with Ho Chi Minh City, has been recording a rapid increase in land prices, which has also increased the value of land in the surrounding areas.


The future of the industrial real estate market lies in the direction of high value industries or industries in sector 3 of the economy, which are service industries. New international players entering the market are familiar with cluster-focused development, as this is a common phenomenon in their former industrial markets. Industrial clusters by industry will be driven through government policies, corporate income tax incentives and strategic planning. From there, the economic impact of industrialization will be spread across the country instead of focusing on a given area.


According to Phuong Uyen