Though the real estate market remains cold, more and more real estate trading floors have been born recently, leading to the fact that markets lack commodities.

The serviced apartments segment remains untouched by the property market’s woes, with demand for rental apartments in major cities high despite the economic recession.

Local residents and commuters have welcomed the removal of many temporary barriers erected around construction sites to ease traffic during the Tet (Lunar New Year) season.

Bitexco announced it had accelerated site clearance for a series of its real estate and infrastructure projects set to begin this year.

Huu Lien A Chau Joint Stock Co general director Tran Tuan Nghiep said the company had increased its investment in real estate projects.

Authorities in Ho Chi Minh City's District 10 have announced plans to rezone residential areas and develop public facilities in the first quarter of this year and promised fair compensation to nearly 1,000 families who will have to move out of their properties.

The city's Department of Transport is inspecting the restoration of road surfaces at road-work sites and will penalize contractors for shoddy jobs.

Several street barriers in Ho Chi Minh City were not removed by yesterday's deadline to dear major city roads for Tet holidays.

Residents moving about in HCMC can have a sign of relief this Tet as Calmette Bridge was opened to traffic yesterday to link District 1 and District 4 over the Ben Nghe canal. More significant though, the completion of this bridge will be followed suit by a series of other bridges in the city in the coming days.

Quan doi Nhan dan (People's Army) newspaper looks to former deputy minister of Natural Resources and Environment Dang Hung Vo for answers to the country's property sector woes.

The last week’s most prominent information was that banks have began to pour the capital back into property projects.