{"id":24873,"date":"2021-08-20T08:18:39","date_gmt":"2021-08-20T01:18:39","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=24873"},"modified":"2021-08-20T13:02:19","modified_gmt":"2021-08-20T06:02:19","slug":"vietnams-coastal-real-estate-presumed-a-slow-rebound-due-to-outbreak","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/vietnams-coastal-real-estate-presumed-a-slow-rebound-due-to-outbreak\/","title":{"rendered":"Vietnam’s coastal real estate presumes a slow rebound due to outbreak"},"content":{"rendered":"

Transactions fell by 97 percent in July, while supply dropped to its lowest level since the first quarter of this year<\/span>\u00a0<\/span><\/p>\n

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No condotel projects were introduced into the market last month.\u00a0UltimaSperanza\/Shutterstock<\/figcaption><\/figure>\n

According to DKRA Vietnam, the number of transactions for condotels, villas, town- and shophouses in Vietnam\u2019s coastal tourism cities\u00a0decreased in July due to COVID-19 outbreaks, reported\u00a0<\/span>VN Express<\/span><\/a>.\u00a0<\/span>\u00a0<\/span><\/p>\n

As 19 southern cities and provinces imposed social distancing regulations, no condotel projects were introduced into the market last month.\u00a0<\/span>\u00a0<\/span><\/p>\n

In July, only one project that offered 26 seafront town- and shophouses were offered,\u00a0an\u00a089 percent decline compared to June. Meanwhile, sales dropped by 97 percent.\u00a0<\/span>\u00a0<\/span><\/p>\n

The supply and liquidity of this property segment decreased to their lowest level since Q1 2021. <\/span>\u00a0<\/span><\/p>\n

Additionally, 179 seafront villas of four projects were launched onto the market, in which 21 were sold and accounted for 12 percent of total transactions.\u00a0<\/span>\u00a0<\/span><\/p>\n

More: Vietnamese investors are shifting their interest from land to apartments<\/strong><\/a><\/p>\n

Most of the\u00a0villas sold\u00a0are situated in the central province of Binh Dinh.\u00a0<\/span>\u00a0<\/span><\/p>\n

DKRA Vietnam added that the supply and liquidity of condotels, villas, town- and shophouses in such coastal tourism cities are expected to recover slowly. Rebound will depend on the containment of COVID-19 and the progress of the vaccination rollout.<\/span>\u00a0<\/span><\/p>\n

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The Property Report editors wrote this article. For more information, email:\u00a0<\/em>propertyreport@propertyguru.com<\/a>.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Transactions fell by 97 percent in July, while supply dropped to its lowest level since the first quarter of this year\u00a0<\/p>\n","protected":false},"author":12,"featured_media":24874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[907,528,2251,135],"class_list":["post-24873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-coastal-cities","tag-market-update","tag-slow-recovery","tag-vietnam","news_country-vietnam","news_author-property-report"],"acf":[],"yoast_head":"\nVietnam's coastal real estate presumes a slow rebound due to outbreak | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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