Recently, Mr. Nguyen Quoc Anh - General Director of Batdongsan.com.vn said that during the epidemic, due to the restriction of movement and contact, real estate trading activities were temporarily delayed. cash flow tends to shift to securities. However, when the gap ended, there was a large cash flow withdrawn from other fields into real estate to find investment opportunities.
REAL ESTATE MARKET attracts cash flow
In particular, Mr. Quoc Anh said this cash flow tends to withdraw to Hanoi and the northern provinces instead of "South progress" as before. Specifically, a market comparison between Hanoi and Ho Chi Minh City in 2021 shows that the selling price of private houses in Hanoi increased by about 12% compared to 2020. Meanwhile, the asking price in Ho Chi Minh City is only about 2% increase.
Besides, the level of interest and search for townhouses for sale in Hanoi also recorded an increase of 42% compared to 2019, while Ho Chi Minh City decreased by 33%. Big data of Batdongsan.com.vn also shows that, in the land plot market, the level of interest will gradually increase by the end of 2021, the number of searches for land plots in Hanoi will increase by about 19%, while in Ho Chi Minh City Minh fell 8%. Notably, a survey conducted by Batdongsan.com.vn with 1,000 people recently also showed that up to 92% of people have a need to buy a house in the future, 44% of people plan to buy real estate in 1-2 years. next year.
Also noting this phenomenon, Dr. Can Van Luc - Chief Economist of BIDV said that despite being greatly affected by the pandemic, the real estate market is still very promising. In which real estate prices hardly decreased, in contrast, residential real estate also increased by 5-9%, depending on the location. Besides, industrial real estate prices also increased by 3-18%, depending on the locality. Can Van Luc said that real estate credit capital in the third quarter of 2021 increased by about 6% compared to the end of 2020, the total outstanding loan of real estate is about 2 million billion VND. In the first 11 months of 2021, the total newly registered FDI in real estate will reach nearly 2 billion USD (accounting for about 11%). The expert said that, in the context of Vietnam promoting public investment, the mass deployment Large-scale infrastructure projects will create impetus to help the real estate market attract investment capital.
IPO TRENDS AND CAPITAL MODIFICATION ON THE STOCK EXCHANGE
Notably, Mr. Nguyen Quoc Anh also shared that recently, the capital inflow into the real estate market is also known through the issuance of a large volume of bonds, as well as the hot rise of real estate stocks. movables. However, according to Mr. Nguyen Quoc Anh, with the policy of tightening credit and banks buying corporate bonds, in the coming time, real estate businesses will switch to the main trend of IPO.
Deputy General Director of Batdongsan.com.vn also said that in the next 5-10 years, the securitization of real estate through investment funds and the development of digital currencies in the real estate sector will also be promoted. care. Sharing the same opinion, Mr. Le Vu Truong, Leader of Financial Accounting Consulting Services, EY Indochina also believes that the trend of IPO and capital raising on the stock exchange will be an inevitable trend in the coming time. However, Mr. Le Vu Truong said, whether the IPO will be effective or not will depend on the preparation of the businesses themselves. Because this is an effective capital mobilization channel, when it is listed on the floor, everything must be transparent, the information of the business must be very clear. Agreeing with the view, Ms. Duong Thuy Dung, Senior Director of CBRE shared: “Capital is the backbone of the business, and especially recently, the pandemic has greatly affected the cash flow of businesses. . IPO is a very preeminent and well developed channel in the world. In the Vietnamese market, although it is a very developed market, the number of listed companies on the floor is still not much, accounting for a low proportion in the region.
Mr. Truong said that, in order to do well in the story of attracting capital, calling for capital from investors, it is necessary to understand the taste of investors. To do that, it is necessary to build a foundation strategy for sustainable development from the enterprise itself: Having a competitive human resource policy; clear and transparent information system; Streamlined and reasonable structure; appropriate authorization; efficient processes; Different strategy.
By Diendandoanhnghiep.vn