Many real estate market segments are still "hibernating"

In the townhouse/villa segment, new supply is quite modest, only equivalent to 21% compared to the same period, mainly concentrated in Da Nang and Thua Thien Hue. Quang Nam alone continues to maintain scarcity.

New supply is quite modest in the townhouse/villa segment in the Quang Nam - Da Nang area. Photo: QT

In addition, all three segments of resort real estate, including resort villas, resort townhouses/shophouses, and condotels, continued to record no new supply for sale in the month. In particular, in the resort townhouse/shophouse segment, the market fell into a "prolonged hibernation" cycle, with supply continuing to be absent.

Difficult to escape the short-term slump

According to DKRA, although the tourism industry has recorded positive signs, many projects have been caught up in violations and construction is behind schedule... affecting investors' confidence, causing market liquidity in the resort townhouse/shophouse segment to be very low.

Meanwhile, negative impacts such as legal problems, low liquidity, and investor confidence have caused the gloomy situation of the resort villa segment to continue and show no signs of recovery in the short term.

The fact that many new projects in the area are continuously postponing their sales launch dates, while primary projects are almost closed with no transactions recorded, will cause this segment to continue to be quiet in the coming time.

Many segments of the Quang Nam - Da Nang real estate market are still in a state of prolonged "hibernation". Photo: QT

The condotel segment market is not much better as it is expected that in the coming months, once the legal corridor is unclear, liquidity will remain low, along with the loss of investor confidence in this segment.

In the townhouse/villa segment, overall market demand is low, market liquidity has decreased significantly, transactions are mostly concentrated in old projects with complete legal documents, guaranteed construction progress with prices under 5 billion VND/unit.

Source: https://baoquangnam.vn/nhieu-phan-khuc-thi-truong-bat-dong-san-van-ngu-dong-3136709.html