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Daily Real Estate News Highlights

Vietnam - 20 March 2023

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Colliers Vietnam's Real Estate Highlights is the daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Colliers News

CEO of Colliers: Opportunities in the real estate market will begin to appear from mid-2023

www.reuters.com

Mr. David Jackson – CEO of Colliers (Vietnam) said that the real estate market in Vietnam is undergoing adjustment to move towards a new cycle. From mid-2023 onwards, the housing market may begin to stabilize and grow. Moreover, the 2 popular issue emerging in the market today is cash flow and market sentiment.

New tax regulation on real estate transfer

www.tienphong.vn

The Circular 13, issued by the Ministry of Finance and effective from April 14, regulates that, for real estate transfers, the value-added tax calculation price is the real estate transfer price minus the land price deductible for tax calculation added value.

Proposed time limit for apartment ownership gets thumbs down

www.vietnamnet.vn

The National Assembly Standing Committee has not thrown its weight behind the time limit of apartment ownership as proposed in the draft of the revised Housing Law.

The National Assembly Standing Committee does not advocate setting a term for apartment ownership

www.vnexpress.net

On the afternoon of March 17, the National Assembly Standing Committee held the 21st session to discuss and give opinions on the draft Housing Law (amended). The government wanted to set a time limit for apartment ownership, but the National Assembly Standing Committee disagreed because it thought it interfered with people's property ownership.

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