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real estate business
The number of real estate businesses returning to the market increased by more than 40%
In 2024, more than 3,200 real estate businesses will return to the market, an increase of 42% compared to 2023.
A real estate company reported a 10,600% spike in financial revenue, its stock price hit the ceiling.
VPH reported financial revenue of VND354.7 billion, an increase of 10,604.6%, equivalent to a 107-fold increase, resulting in the parent company reporting a profit of VND182 billion, compared to a loss of VND13 billion last year.
Businesses hunt for land funds, welcome investment opportunities after 3 new laws on real estate
The Land Law, Real Estate Business Law, and Housing Law have come into effect, and many real estate businesses are quickly planning to expand their land funds to welcome a new development cycle.
Real estate businesses still hold large amounts of inventory
Inventories continue to increase in large real estate businesses, even accounting for over 50% of total assets of some investors.
Outstanding real estate corporate bonds are nearly 350,880 billion VND
The Ministry of Finance proposed financial settlement for 13 real estate businesses, of which it proposed to pay the state budget 255.7 billion VND, and other financial settlement of 999.8 billion VND.
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