{"id":13852,"date":"2022-06-07T15:51:31","date_gmt":"2022-06-07T08:51:31","guid":{"rendered":"https:\/\/gtjai.com.vn\/?post_type=research&#038;p=13852"},"modified":"2022-06-07T15:51:31","modified_gmt":"2022-06-07T08:51:31","slug":"gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022","status":"publish","type":"research","link":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/","title":{"rendered":"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022"},"content":{"rendered":"<p style=\"text-align: center\"><span style=\"font-size: 16px\"><strong><span style=\"font-family: arial, helvetica, sans-serif\">The market is still distressed<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14px\"><strong><span style=\"font-family: arial, helvetica, sans-serif\">Key Highlight<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">Launched units unit in Hanoi market were worse compared to last year figure but sold unit improved (-20% YoY and +15% YoY). Not many developers bring in new supply to the market although absorption rate is good.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">In HCMC, there are only 884 units were launched in Q1, down 87% QoQ and 48% YoY. Sold unit faced similar hit, with only than 1,247 units, -55% YoY and -78% QoQ. This reflected very tight supply in HCMC.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">The credit growth of real estate sector was at 2% ytd, lower than total credit growth at 5% ytd. \u009f Credit to the sector has been limited to avoid asset bubble<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14px\"><strong><span style=\"font-family: arial, helvetica, sans-serif\">Comment<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">Property market has been distressed phase since presale across the segments was reduced significantly. We are still observing the market to see whether the recovery come back. Government lifts off the restriction, however presale still lower than last year, supply remained tight.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">We remain <strong>Neutral<\/strong> for residential property sector.<\/span><\/p>\n","protected":false},"author":12,"featured_media":0,"template":"","cate_research":[80],"specialized":[],"class_list":["post-13852","research","type-research","status-publish","hentry","cate_research-bao-cao-doanh-nghiep-en"],"yoast_head":"<title>GTJASVN_Real estate Sector Report_The market is still distressed _30May2022 - GTJA<\/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:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022 - GTJA\" \/>\n<meta property=\"og:description\" content=\"The market is still distressed Key Highlight Launched units unit in Hanoi market were worse compared to last year figure but sold unit improved (-20% YoY and +15% YoY). Not many developers bring in new supply to the market although absorption rate is good. In HCMC, there are only 884 units were launched in Q1, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/\" \/>\n<meta property=\"og:site_name\" content=\"GTJA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gtjai.com.vn\/#website\",\"url\":\"https:\/\/gtjai.com.vn\/\",\"name\":\"GTJA\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gtjai.com.vn\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/#webpage\",\"url\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/\",\"name\":\"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022 - GTJA\",\"isPartOf\":{\"@id\":\"https:\/\/gtjai.com.vn\/#website\"},\"datePublished\":\"2022-06-07T08:51:31+00:00\",\"dateModified\":\"2022-06-07T08:51:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gtjai.com.vn\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022\"}]}]}<\/script>","yoast_head_json":{"title":"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022 - GTJA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/","og_locale":"en_US","og_type":"article","og_title":"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022 - GTJA","og_description":"The market is still distressed Key Highlight Launched units unit in Hanoi market were worse compared to last year figure but sold unit improved (-20% YoY and +15% YoY). Not many developers bring in new supply to the market although absorption rate is good. In HCMC, there are only 884 units were launched in Q1, [&hellip;]","og_url":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/","og_site_name":"GTJA","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/gtjai.com.vn\/#website","url":"https:\/\/gtjai.com.vn\/","name":"GTJA","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gtjai.com.vn\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/#webpage","url":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/","name":"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022 - GTJA","isPartOf":{"@id":"https:\/\/gtjai.com.vn\/#website"},"datePublished":"2022-06-07T08:51:31+00:00","dateModified":"2022-06-07T08:51:31+00:00","breadcrumb":{"@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_the-market-is-still-distressed-_30may2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gtjai.com.vn\/en\/"},{"@type":"ListItem","position":2,"name":"GTJASVN_Real estate Sector Report_The market is still distressed _30May2022"}]}]}},"_links":{"self":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/research\/13852\/"}],"collection":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/research\/"}],"about":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/types\/research\/"}],"author":[{"embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/users\/12\/"}],"wp:attachment":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/media\/?parent=13852"}],"wp:term":[{"taxonomy":"cate_research","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/cate_research\/?post=13852"},{"taxonomy":"specialized","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/specialized\/?post=13852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}