News · CafeF

Proposal to ban "flipping" of off-plan home sale contracts

Delegate Lê Thanh Hoàn (Thanh Hoá delegation) proposes banning the transfer of contracts for future-formed housing in the draft amended Law on Real Estate Business, to curb speculation and price inflation. He argues that such transfers are in substance transfers of contract positions rather than physical homes, and that repeated resales can push prices at handover to 1.5 to 2 times the original price, squeezing out genuine homebuyers. He cites China, which does not allow resale before handover and land certificate issuance, and South Korea, which bans such transfers in major speculation-controlled cities for 3-10 years or until completion. Delegate Nguyễn Ngọc Sơn (Hải Phòng City delegation) notes that the draft caps deposits at 5% and allows collection only once business conditions are met, to protect buyers' advance payments.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Đề xuất cấm "lướt sóng" hợp đồng mua bán nhà trên giấy

Read the original on CafeF ↗

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Related tickers and likely impact

DIG

▼ Likely negative

DIC Corp

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap8,265 bn VND
P/E10.8
P/B0.82
Close on 10/30/20269.55
Change that session-2.45%
DIG price, forecasts and signals →

DXG

▼ Likely negative

Bluemarq Group

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap12,529 bn VND
P/E65.2
P/B0.88
Close on 10/30/202610.10
Change that session+2.23%
DXG price, forecasts and signals →

PDR

▼ Likely negative

Phat Dat Real Estate

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap11,375 bn VND
P/E18.6
P/B0.90
Close on 10/30/202611.30
Change that session-0.88%
PDR price, forecasts and signals →

KDH

▼ Likely negative

Khang Dien House

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap17,282 bn VND
P/E9.8
P/B0.93
Close on 10/30/202613.90
Change that session-0.71%
KDH price, forecasts and signals →

NLG

▼ Likely negative

Nam Long Investment

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap11,157 bn VND
P/E18.1
P/B0.89
Close on 10/30/202622.00
Change that session-4.35%
NLG price, forecasts and signals →

VHM

▼ Likely negative

Vinhomes

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap510,141 bn VND
P/E6.4
P/B1.94
Close on 10/30/202663.00
Change that session+1.45%
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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