{"id":18131,"date":"2023-03-01T09:45:24","date_gmt":"2023-03-01T02:45:24","guid":{"rendered":"https:\/\/gtjai.com.vn\/?post_type=research&#038;p=18131"},"modified":"2023-03-22T09:45:46","modified_gmt":"2023-03-22T02:45:46","slug":"gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023","status":"publish","type":"research","link":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/","title":{"rendered":"GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\"><strong>Key Highlight<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">\u009f\u00a0\u00a0 The number of apartments launched and sold in Hanoi market decreased sharply compared to the the previous quarter. The segments were almost frozen with no transactions when credit were tightened, leading to exhausted liquidity.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">\u009f\u00a0\u00a0 In Ho Chi Minh City, the supply in Q4 was low with a total of 1,312 units, down -54% QoQ, just higher than Q1 2022 and the lowest in many recent years. The number of sold units also dropped sharply with 1,155 units, down -85% QoQ.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">\u009f\u00a0\u00a0 Credit growth of the real estate industry reached 24% Ytd, higher than the total credit of the country at 14.18% Ytd.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">\u009f\u00a0\u00a0 Credit to the real estate industry has been limited by the SBV to limit bubbles.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\"><strong>Comment<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">\u009f\u00a0\u00a0 Per our view, the pessimism and risk off attitude will continue and be more serious in 2023 due to interest rate continue to hike; land price continue to collapse; developer who need cash will liquidate their asset and inventory; investor and home buyer will be reluctant to hold their asset due to higher interest expenses when interest grace period end; global economy come into recession, affect the income.<\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"font-family: arial, helvetica, sans-serif;font-size: 14px\">We remain Neutral for residential property sector.<\/span><\/strong><\/p>\n","protected":false},"author":12,"featured_media":0,"template":"","cate_research":[80],"specialized":[],"class_list":["post-18131","research","type-research","status-publish","hentry","cate_research-bao-cao-doanh-nghiep-en"],"yoast_head":"<title>GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023 - 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_sector-is-facing-crisis_mar-2023\/\" \/>\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_Sector is facing crisis_Mar 2023 - GTJA\" \/>\n<meta property=\"og:description\" content=\"Key Highlight \u009f\u00a0\u00a0 The number of apartments launched and sold in Hanoi market decreased sharply compared to the the previous quarter. The segments were almost frozen with no transactions when credit were tightened, leading to exhausted liquidity. \u009f\u00a0\u00a0 In Ho Chi Minh City, the supply in Q4 was low with a total of 1,312 units, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"GTJA\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-22T02:45:46+00:00\" \/>\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_sector-is-facing-crisis_mar-2023\/#webpage\",\"url\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/\",\"name\":\"GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023 - GTJA\",\"isPartOf\":{\"@id\":\"https:\/\/gtjai.com.vn\/#website\"},\"datePublished\":\"2023-03-01T02:45:24+00:00\",\"dateModified\":\"2023-03-22T02:45:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gtjai.com.vn\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023\"}]}]}<\/script>","yoast_head_json":{"title":"GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023 - 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_sector-is-facing-crisis_mar-2023\/","og_locale":"en_US","og_type":"article","og_title":"GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023 - GTJA","og_description":"Key Highlight \u009f\u00a0\u00a0 The number of apartments launched and sold in Hanoi market decreased sharply compared to the the previous quarter. The segments were almost frozen with no transactions when credit were tightened, leading to exhausted liquidity. \u009f\u00a0\u00a0 In Ho Chi Minh City, the supply in Q4 was low with a total of 1,312 units, [&hellip;]","og_url":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/","og_site_name":"GTJA","article_modified_time":"2023-03-22T02:45:46+00:00","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_sector-is-facing-crisis_mar-2023\/#webpage","url":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/","name":"GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023 - GTJA","isPartOf":{"@id":"https:\/\/gtjai.com.vn\/#website"},"datePublished":"2023-03-01T02:45:24+00:00","dateModified":"2023-03-22T02:45:46+00:00","breadcrumb":{"@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/gtjai.com.vn\/en\/research\/gtjasvn_real-estate-sector-report_sector-is-facing-crisis_mar-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gtjai.com.vn\/en\/"},{"@type":"ListItem","position":2,"name":"GTJASVN_Real estate Sector Report_Sector is facing crisis_Mar 2023"}]}]}},"_links":{"self":[{"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/research\/18131\/"}],"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=18131"}],"wp:term":[{"taxonomy":"cate_research","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/cate_research\/?post=18131"},{"taxonomy":"specialized","embeddable":true,"href":"https:\/\/gtjai.com.vn\/en\/wp-json\/wp\/v2\/specialized\/?post=18131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}