Hai Phong Portal

 Tiếng Việt


 
Optimistic signal for the real estate market in Hai Phong City
The convergence of potentials and advantages in the marine economy, transport infrastructure, industry, and services, along with the implementation and promotion of a series of traffic works, key projects are being carried out, creating momentum and helping Hai Phong City’s real estate market prosper in the coming months of 2023.

 Thủ tướng chỉ đạo tháo gỡ khó khăn cho thị trường bất động sản

 

In the first half of 2023, Hai Phong real estate market was generally quiet. The number of transactions decreased considerably, with average real estate prices sinking by 20–25% and even by 40–50% in some places, while land auctions also saw low success rates. However, at the moment, while the country's real estate market is still in a state of waiting, the Hai Phong real estate market is showing many positive signals, creating a foundation for the sector to be vibrant again.

 

 From the beginning of the second quarter, Hai Phong real estate market recorded more successful transactions. The selling price of apartments for real housing increased by about 5% compared to the first quarter. The average price of land plots and business houses increased by 5–7%. In particular, according to the general plan of Hai Phong City to 2040, with a vision to 2050, the city is preparing to receive many large-scale projects, which promise to bring along a series of investment waves.

 

In the coming time, with the available advantages of transport infrastructure, the city's efforts in removing difficulties, speeding up the implementation progress, and completing key projects will create a foundation for the Hai Phong market to be vibrant again and develop a wide range of segments.


Hai Phong Portal

Editor-in-chief: Chief of staff Tran Huy Kien

Head office: 18 Hoang Dieu, Hong Bang district, Hai Phong City