News
End of real estate tax breaks in Thailand will see price of new property rising in April
Thailand will not renew property tax breaks when they expire at the end of March as the economy is recovering and developers are returning to normal profits levels.
Realty project management firm makes its debut
VinaProjects - a joint venture between the VinaCapital Group and the inProjects Group - made its debut in Ho Chi Minh City yesterday, providing real estate services.
Banks still saying no to real estate credit
Though commercial banks still advertise real estate loans, real estate investors are finding it impossible to access them.
Negotiation-based interest rates to be applied to medium and long term loans
The State Bank of Vietnam is set to launch a document allowing commercial banks to apply negotiation-based lending interest rates for medium and long term loans instead of the basic interest rate scheme.
Low prime rate adds to bank liquidity woes
The central bank’s decision not to increase the prime rate has posed a challenge to commercial banks already struggling to attract capital.