News releases market report Q3 2020
25/09/2020 11:56 | Source:
The domestic real estate market in the third quarter of 2020 continued to be stagnant due to the Covid-19 pandemic as well as weak market sentiment in the Ghost Month. Notably,’s market report Q3 2020 shows that not real estate but gold and securities are two investment sectors that attract investment flows and set new investment records recently.

In the two previous quarters, despite the heavy impact of the Covid-19 pandemic, real estate had been the most chosen sector for investment. But Q3’s market saw a reversal.’s Q3 2020 market report shows despite the pandemic, real estate overwhelms other investment sectors, being chosen by 29% of respondents. Meanwhile, savings was chosen by 24%, gold 17% and securities 12%.’s market report Q3 2020 reveals not real estate but gold and securities are two sectors that attract investment flows.

Since Q2, real estate has still proved its special attraction with the rise of new hot spots.'s Q2 2020 market report clearly shows a great deal of interest among users in Northern markets. The top 6 provinces in the North in terms of search volume on include Quang Ninh, Hai Phong, Bac Ninh, Hoa Binh, Hung Yen and Vinh Phuc. In particular, Hoa Binh witnessed an outstanding growth in user’s interest in the second quarter. The level of interest in Hoa Binh grew strongly, reaching 77%, overwhelming the others in top 5 provinces in terms of search volume on

Also in the previous quarter, serach volume for industrial real estate increased sharply in some industrial zones in Southern and Northern provinces, up 32% from the average level. For example, Vinh Loc Industrial Park (Ho Chi Minh City) increased 175%, Nam Tan Uyen Industrial Park 132%, Dong An Industrial Park (Binh Duong) 173%, Nam Dinh Vu Industrial Park (Hai Phong) 243%, Quang Chau Industrial Park (Bac Giang) 260%, Viet Yen Industrial Park (Bac Giang) 76%, Hong Bang Industrial Park (Hai Phong) 42%.

The real estate market report Q3 2020 will continue to show the picture of the Vietnam real estate market in the context of the global economic decline. The Vietnam economy was not an exception, seeing the macro indicators become worse in the third quarter. However, the investment demand of investors was still very large. In Q3, “the crown” of  investment was taken from real estate by securities and gold.’s report shows the two sectors have set new records in investment interest. However, these are also investment sectors with huge fluctuations, setting peaks and dropping to bottom continuously, making many investors suffer heavy losses.

The report also reveals the different impacts of the pandemic and the Ghost Month to each segment and region. For the first time, Hanoi surpassed Ho Chi Minh City in terms of user interest and the amount of new listings. However, this does not mean that the Southern market is quiet. The Q3 report recorded the bustle of the country's largest real estate market in some segments. In particular, the heat of the HCMC market in the quarter concentrated in the areas proposed to establish “the Eastern city”.’s Q3 2020 real estate market report  will be officially released in early October. Specifically, the annoucement event will take place on October 6 at Pullman Hotel (Hanoi) and October 10 at Sheraton Hotel (HCMC).