{"id":41458,"date":"2025-03-03T07:00:04","date_gmt":"2025-03-03T00:00:04","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=41458"},"modified":"2025-03-03T08:23:27","modified_gmt":"2025-03-03T01:23:27","slug":"growth-factors-powering-the-brisbane-property-market-and-other-headlines","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/growth-factors-powering-the-brisbane-property-market-and-other-headlines\/","title":{"rendered":"Growth factors powering the Brisbane property market; and other headlines"},"content":{"rendered":"
\"\"
ChameleonsEye\/Shutterstock<\/figcaption><\/figure>\n

For PropertyGuru\u2019s real estate news roundup, last year was a landmark year for Brisbane, with the Olympic host city briefly taking the silver medal position among Australia\u2019s capital cities in the property price stakes. In other news, the National Assembly (NA) discussed a proposal to revise Vietnam\u2019s 2025 economic growth target to at least 8 percent. Lastly, the first of a two-part report on socialised housing in the Philippines.<\/p>\n

John McGrath \u2013 Ongoing growth factors powering the Brisbane market<\/b><\/p>\n

Last year was a landmark year for Brisbane, with the Olympic host city briefly taking the silver medal position among Australia\u2019s capital cities in the property price stakes, The Real Estate Conversation<\/a> reports. In May 2024, Brisbane\u2019s median dwelling value leap-frogged Canberra to record the nation\u2019s second-highest city median dwelling value, behind Sydney\u2019s gold medal spot. Brisbane last held this second-placed position way back in 1997. The achievement reflected strong price growth over the past four years. Since the start of COVID-19 to June 2024, Brisbane median dwelling prices have soared by a staggering 61.5 percent, compared to a combined capital city price growth of 32.6 percent in the same period.<\/p>\n

Vietnam is resolute in achieving 8 percent growth target<\/b><\/p>\n

The National Assembly (NA) discussed a proposal to revise Vietnam\u2019s 2025 economic growth target to at least 8 percent during its extraordinary ninth session on 14th February. Lawmakers emphasised that this ambitious goal underscores the government\u2019s strong commitment to socio-economic development during the 2021-2025 period and lays the foundation for long-term prosperity. According to VietnamPlus<\/a>, Prime Minister Pham Minh Chinh acknowledged global challenges, including trade tensions and economic uncertainties, but affirmed that Vietnam must act decisively. Chinh emphasised the need to foster innovation across ministries, businesses, and society to achieve the growth target. He underscored the importance of boosting credit expansion, integrating fiscal policies, and offering tax and fee incentives to support businesses and individuals in production and trade.<\/p>\n

Socialised housing in the Philippines (pt1): Understanding the government\u2019s mandate<\/b><\/p>\n

An important tenet in modern society is the right to housing or shelter. A recognized part of our human rights worldwide, it gives every government and state a mandate to provide adequate housing to even the poorest and most vulnerable people. And a modern-day solution for this mandate is socialised housing, also known as public housing. Socialised housing is a housing project made by the government in some capacity or another to address inequality in quality shelter for different families. These are usually crafted to be durable but cheap, and affordable to buy or rent by disadvantaged families. A good, sustainable housing program tends to help reduce instances of slums or shoddily built private projects in the city. BluPrint<\/a> speaks to the National Housing Authority\u2019s in-house architect Rochelle De Vera.<\/p>\n

The Property Report editors wrote this article. For more information, email: <\/i>propertyreport@propertyguru.com<\/i><\/a>.<\/i><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Booming Brisbane market, Vietnam\u2019s economic growth target, socialised housing in PH (pt1)<\/p>\n","protected":false},"author":12,"featured_media":41459,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[1080,4181,3802,638,4121],"class_list":["post-41458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-economic-growth","tag-market-growth","tag-news-roundup","tag-real-estate","tag-socialised-housing","news_country-australia","news_country-philippines","news_country-vietnam","news_author-property-report"],"acf":[],"yoast_head":"\nGrowth factors powering the Brisbane property market; and other headlines | 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\" href=\"https:\/\/www.asiapropertyawards.com\/en\/growth-factors-powering-the-brisbane-property-market-and-other-headlines\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Growth factors powering the Brisbane property market; 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