With capital scarce, MOC aims to make fund-raising easier for property developers

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VietStock FI English 45 month(s) ago 1 related news

A Ministry of Construction proposal could make it easier for real estate developers to mobilize capital but, some warn, it could also reduce transparency in Vietnam’s already opaque property markets.

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With capital scarce, MOC aims to make fund-raising easier for property developers

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VietnamNet English 45 month(s) ago 1 related news

With capital scarce, MOC aims to make fund-raising easier for property developers

A Ministry of Construction (MOC) proposal now out for public comment would allow real estate developers to sell twenty percent of the units they develop directly to investors, according to a report in Dan Tri online newspaper. Presently all unit sales must be made through posting on ‘real estate trading floors,’ or exchanges.

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