Signals of recovery in the market have started to appear as liquidity has been observed in some areas. Coupled...
Signals of recovery in the market have started to appear as liquidity has been observed in some areas. Coupled with the resolute efforts of the government to remove obstacles, this factor is expected to accelerate the market recovery process.
Just half a year ago, the gloomy picture still shrouded the market. Difficulties of real estate enterprises pile up when a series of projects are legally entangled, cash flow is difficult due to low sales absorption rate, pressure from project implementation capital...
However, up to now, in some markets such as Hanoi, Ho Chi Minh City, and neighboring provinces such as Binh Duong, Quang Ninh, Thai Nguyen, many projects are starting to show signs of activity with sales launches. In fact, some newly launched projects have reported being sold out on the first day.
That series of positive signals has emerged. Notably, recently, the Government has continued to promote the work of removing obstacles for the real estate market. This factor is expected to contribute to accelerating the recovery of the market.
Many positive signals show that the real estate market is starting to recover and gradually warm up.
Mr. Nguyen Ngoc Tuyen – General Director of DMHGroup also said that the current context of the market has gone through the purification period and there is a lot of good information. The market entered the "recovery" period with many positive signals such as: interest rates decreased, investors launched new products, many stimulus policy packages were launched to the market.