{"id":15347,"date":"2026-08-07T09:37:02","date_gmt":"2026-08-07T02:37:02","guid":{"rendered":"https:\/\/saigonratings.com\/?p=15347"},"modified":"2026-08-24T14:24:04","modified_gmt":"2026-08-24T07:24:04","slug":"part-2-difficulties-challenges-and-risks-of-the-real-estate-market","status":"publish","type":"post","link":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/","title":{"rendered":"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 ez-toc-wrap-right counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">M\u1ee5c l\u1ee5c :<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#1_Difficulties_and_challenges_regarding_supply_and_demand_liquidity_inventory_and_selling_prices\" >1. Difficulties and challenges regarding supply and demand, liquidity, inventory, and selling prices.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#2_Difficulties_and_challenges_regarding_the_investment_and_business_environment\" >2. Difficulties and challenges regarding the investment and business environment.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#3_Competitive_risks_in_the_real_estate_market\" >3. Competitive risks in the real estate market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#PART_3_TRENDS_AND_PROSPECTS_FOR_REAL_ESTATE_MARKET_DEVELOPMENT_IN_THE_SHORT_AND_MEDIUM_TERM\" >PART 3: TRENDS AND PROSPECTS FOR REAL ESTATE MARKET DEVELOPMENT IN THE SHORT AND MEDIUM TERM<\/a><\/li><\/ul><\/nav><\/div>\n<p><strong><span dir=\"auto\">(Mr.): Phung Xuan Minh, [Chairman of the Board of Directors of Phat Thinh Group &amp; Saigon Ratings].<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Despite positive signs of recovery in the early months of 2026, the Vietnamese real estate market is still undergoing restructuring and facing numerous challenges. The recovery in supply has not fully been accompanied by a corresponding improvement in demand; selling prices in many segments continue to remain high; while issues related to legal matters, planning, land, and the financial capacity of businesses still create significant pressure.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">In the REAL ESTATE MARKET\u00a0<\/span><strong><span dir=\"auto\">OUTLOOK AFTER 7 MONTHS OF 2026 AND END OF 2027<\/span><\/strong><span dir=\"auto\">\u00a0, three major groups of challenges and risks directly impacting the market&#8217;s sustainable recovery prospects can be identified.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET.\" width=\"1020\" height=\"574\" src=\"https:\/\/www.youtube.com\/embed\/YCxKI-R6zo8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"1_Difficulties_and_challenges_regarding_supply_and_demand_liquidity_inventory_and_selling_prices\"><\/span><span dir=\"auto\">1. Difficulties and challenges regarding supply and demand, liquidity, inventory, and selling prices.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span dir=\"auto\">One of the prominent issues in the real estate market in 2026 is that\u00a0<\/span><strong><span dir=\"auto\">while supply has recovered in quantity, the product structure is still not balanced with actual demand<\/span><\/strong><span dir=\"auto\">\u00a0.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">According to VARS IRE, in the first six months of 2026, approximately 98,000 housing units were offered for sale, an increase of about 50% compared to the same period last year, of which more than 70,000 were new supply. However, the majority of the apartment supply is concentrated in the high-value segment. Luxury apartments account for about 45% of the apartment supply, the luxury and ultra-luxury segment accounts for about 33%, while the mid-range segment only accounts for about 22%.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">This indicates that the market continues to experience\u00a0<\/span><strong><span dir=\"auto\">a mismatch between the supply structure and the affordability of homebuyers<\/span><\/strong><span dir=\"auto\">\u00a0. While the demand for housing for actual living needs, especially in large cities and areas with high labor concentrations, remains very high, affordable commercial housing products are almost absent from the market.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Liquidity has recovered but not at a rate commensurate with the increase in supply. Approximately 48,000 transactions were recorded in the first six months of the year, while the absorption rate of new supply reached about 58%. This indicates that buyers are becoming increasingly cautious, have more options, and are no longer easily accepting projects lacking advantages in terms of legal aspects, location, quality, or construction progress.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Another challenge is\u00a0<\/span><strong><span dir=\"auto\">the continued high level of real estate prices<\/span><\/strong><span dir=\"auto\">\u00a0. According to VARS IRE, the average price of primary apartments in Q2 2026 is expected to reach approximately VND 80 million\/m\u00b2, an increase of about 10% compared to 2025. Given that the income of most people has not increased at a pace commensurate with the increase in house prices over the past several years, the accessibility of housing for those with genuine housing needs continues to face pressure.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Instead of directly reducing list prices, many businesses tend to use discount policies, interest rate subsidies, extended payment schedules, or sales promotion programs. This helps maintain primary market prices but also shows that competitive pressure and the need to sell goods still exist.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">In the secondary market, differentiation is becoming more pronounced. Properties with complete legal documentation, established residential communities, good infrastructure connections, and rental potential continue to maintain liquidity. Conversely, properties that experienced rapid price increases primarily based on planning expectations or speculation may face downward pressure and prolonged periods of liquidity loss.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Therefore, the major challenge for the market in the coming period is not just increasing supply, but more importantly,\u00a0<\/span><strong><span dir=\"auto\">directing that supply to the segments that the market is actually capable of absorbing<\/span><\/strong><span dir=\"auto\">\u00a0.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"2_Difficulties_and_challenges_regarding_the_investment_and_business_environment\"><\/span><span id=\"2_Kho_khan_thach_thuc_ve_moi_truong_dau_tu_kinh_doanh\" class=\"ez-toc-section\"><\/span><span dir=\"auto\">2. Difficulties and challenges regarding the investment and business environment.<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Besides supply and demand issues, the legal environment and investment procedures continue to be major factors affecting the speed of real estate project implementation.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Over the years, many projects have been delayed due to the need to simultaneously handle procedures related to investment, land, planning, construction, determination of financial obligations, land valuation, and land clearance. When one step in the procedural chain is not completed, the entire project implementation process can be stalled, increasing capital costs and prolonging the time to bring the product to market.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">In 2026, the Government will continue to implement solutions to resolve outstanding projects. Notably, Decree 147\/2026\/ND-CP introduces several specific mechanisms to handle long-standing projects, including issues related to land use, investor selection, and procedures arising from projects with complex legal histories.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Alongside addressing existing issues, the market is also entering a phase requiring\u00a0<\/span><strong><span dir=\"auto\">higher levels of transparency and data standardization<\/span><\/strong><span dir=\"auto\">\u00a0. From 2026, the implementation of an information system and electronic identification codes for real estate products, as stipulated in Decree 357\/2025\/ND-CP, is expected to contribute to improved product management and monitoring, as well as increased market information transparency.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">However, the process of institutional reform also presents adaptation challenges for businesses. As regulations on land, planning, finance, and information disclosure become increasingly stringent, businesses with large project portfolios but incomplete legal frameworks may face higher compliance costs and prolonged restructuring times.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Issues related to\u00a0<\/span><strong><span dir=\"auto\">land valuation, financial obligations, and land clearance<\/span><\/strong><span dir=\"auto\">\u00a0continue to impact project input costs. As land prices and development costs rise, businesses find it difficult to lower output prices, thus contributing to the maintenance of high housing prices.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Thus, the challenge of the current real estate investment environment lies not only in resolving old legal obstacles but also in the ability to build a mechanism that is sufficiently transparent, consistent, and predictable to reduce costs and risks for investors in the long term.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_Competitive_risks_in_the_real_estate_market\"><\/span><span id=\"3_Rui_ro_canh_tranh_cua_thi_truong_bat_dong_san\" class=\"ez-toc-section\"><\/span><span dir=\"auto\">3. Competitive risks in the real estate market<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span dir=\"auto\">The market recovery process in 2026 is accompanied by a period of\u00a0<\/span><strong><span dir=\"auto\">strong consolidation and repositioning among real estate businesses<\/span><\/strong><span dir=\"auto\">\u00a0.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">In the first six months of the year, the number of newly established real estate businesses continued to increase, while the number of businesses withdrawing from the market was also significant. This reflects an environment that both attracts new capital and creates significant pressure on businesses with weak financial capabilities or those with problematic project portfolios.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">The differentiation is also evident in sales performance. According to VARS IRE data, large developers achieved an absorption rate of approximately\u00a0<\/span><strong><span dir=\"auto\">70%<\/span><\/strong><span dir=\"auto\">\u00a0, while the remaining businesses only reached about\u00a0<\/span><strong><span dir=\"auto\">38%<\/span><\/strong><span dir=\"auto\">\u00a0. This gap shows that the market is increasingly prioritizing businesses with strong brands, financial resources, complete legal documentation, and project implementation capabilities.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">In the context of continuously increasing supply, competition will no longer primarily be about whether a business has projects to sell, but will shift to\u00a0<\/span><strong><span dir=\"auto\">product quality, real-world usability, delivery reliability, financial policies, and the ability to create a service ecosystem<\/span><\/strong><span dir=\"auto\">\u00a0.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Competitive risk also increases for businesses that use high financial leverage. When a project sells slower than planned, cash flow declines while debt obligations and capital costs remain, forcing the business to restructure assets, enter into investment partnerships, transfer the project, or raise additional capital.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Conversely, the consolidation process also creates opportunities for financially sound businesses to expand their market share through mergers and acquisitions, new land development, and participation in segments with real demand.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">Overall, the challenges and risks facing the real estate market in 2026 do not indicate a widespread market downturn, but rather reflect\u00a0<\/span><strong><span dir=\"auto\">a transition to a new competitive structure<\/span><\/strong><span dir=\"auto\">\u00a0. In this structure, capital, legal frameworks, asset quality, cash flow generation capabilities, and corporate governance will increasingly determine survival and growth.<\/span><\/p>\n<p style=\"text-align: justify;\"><span dir=\"auto\">This also serves as a crucial foundation for assessing trends\u00a0<\/span><strong><span dir=\"auto\">and development prospects in the real estate market in the short and medium term<\/span><\/strong><span dir=\"auto\">\u00a0, especially from the end of 2026 to the end of 2027.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"PART_3_TRENDS_AND_PROSPECTS_FOR_REAL_ESTATE_MARKET_DEVELOPMENT_IN_THE_SHORT_AND_MEDIUM_TERM\"><\/span><span id=\"PHAN_3_XU_HUONG_VA_TRIEN_VONG_PHAT_TRIEN_THI_TRUONG_BAT_DONG_SAN_TRONG_NGAN_VA_TRUNG_HAN\" class=\"ez-toc-section\"><\/span><a href=\"https:\/\/saigonratings.com\/en\/part-3-trends-and-prospects-for-real-estate-market-development-in-the-short-and-medium-term\/\"><span dir=\"auto\">PART 3: TRENDS AND PROSPECTS FOR REAL ESTATE MARKET DEVELOPMENT IN THE SHORT AND MEDIUM TERM<\/span><\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>(Mr.): Phung Xuan Minh, [Chairman of the Board of Directors of Phat Thinh Group &amp; Saigon Ratings]. Despite positive signs of recovery in the early months of 2026, the Vietnamese real estate market is still undergoing restructuring and facing numerous challenges. The recovery in supply has not fully been accompanied by a corresponding improvement in&#8230;<\/p>\n","protected":false},"author":6,"featured_media":15145,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[125],"tags":[],"class_list":["post-15347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"acf":[],"yoast_head":"\n<title>PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET - Saigon Ratings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET\" \/>\n<meta property=\"og:description\" content=\"(Mr.): Phung Xuan Minh, [Chairman of the Board of Directors of Phat Thinh Group &amp; Saigon Ratings]. Despite positive signs of recovery in the early months of 2026, the Vietnamese real estate market is still undergoing restructuring and facing numerous challenges. The recovery in supply has not fully been accompanied by a corresponding improvement in...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Saigon Ratings\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-07T02:37:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-24T07:24:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/saigonratings.com\/wp-content\/uploads\/2026\/08\/PHAN-2-KHO-KHAN-THACH-THUC-1400x788.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Thanh Tran Thien\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Thanh Tran Thien\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n","yoast_head_json":{"title":"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET - Saigon Ratings","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/","og_locale":"en_US","og_type":"article","og_title":"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET","og_description":"(Mr.): Phung Xuan Minh, [Chairman of the Board of Directors of Phat Thinh Group &amp; Saigon Ratings]. Despite positive signs of recovery in the early months of 2026, the Vietnamese real estate market is still undergoing restructuring and facing numerous challenges. The recovery in supply has not fully been accompanied by a corresponding improvement in...","og_url":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/","og_site_name":"Saigon Ratings","article_published_time":"2026-08-07T02:37:02+00:00","article_modified_time":"2026-08-24T07:24:04+00:00","og_image":[{"width":1400,"height":788,"url":"https:\/\/saigonratings.com\/wp-content\/uploads\/2026\/08\/PHAN-2-KHO-KHAN-THACH-THUC-1400x788.png","type":"image\/png"}],"author":"Thanh Tran Thien","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Thanh Tran Thien","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#article","isPartOf":{"@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/"},"author":{"name":"Thanh Tran Thien","@id":"https:\/\/saigonratings.com\/en\/#\/schema\/person\/e0d668077d8d40a27e110770b92cd78f"},"headline":"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET","datePublished":"2026-08-07T02:37:02+00:00","dateModified":"2026-08-24T07:24:04+00:00","mainEntityOfPage":{"@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/"},"wordCount":1222,"commentCount":0,"image":{"@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#primaryimage"},"thumbnailUrl":"https:\/\/saigonratings.com\/wp-content\/uploads\/2026\/08\/PHAN-2-KHO-KHAN-THACH-THUC.png","articleSection":["Tin t\u1ee9c"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/","url":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/","name":"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET - Saigon Ratings","isPartOf":{"@id":"https:\/\/saigonratings.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#primaryimage"},"image":{"@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#primaryimage"},"thumbnailUrl":"https:\/\/saigonratings.com\/wp-content\/uploads\/2026\/08\/PHAN-2-KHO-KHAN-THACH-THUC.png","datePublished":"2026-08-07T02:37:02+00:00","dateModified":"2026-08-24T07:24:04+00:00","author":{"@id":"https:\/\/saigonratings.com\/en\/#\/schema\/person\/e0d668077d8d40a27e110770b92cd78f"},"breadcrumb":{"@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#primaryimage","url":"https:\/\/saigonratings.com\/wp-content\/uploads\/2026\/08\/PHAN-2-KHO-KHAN-THACH-THUC.png","contentUrl":"https:\/\/saigonratings.com\/wp-content\/uploads\/2026\/08\/PHAN-2-KHO-KHAN-THACH-THUC.png","width":1672,"height":941,"caption":"Kh\u00f3 kh\u0103n v\u00e0 th\u00e1ch th\u1ee9c c\u1ee7a th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n"},{"@type":"BreadcrumbList","@id":"https:\/\/saigonratings.com\/en\/part-2-difficulties-challenges-and-risks-of-the-real-estate-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Trang ch\u1ee7","item":"https:\/\/saigonratings.com\/en\/"},{"@type":"ListItem","position":2,"name":"Tin t\u1ee9c","item":"https:\/\/saigonratings.com\/en\/danh-muc-tin-tuc\/tin-tuc\/"},{"@type":"ListItem","position":3,"name":"PART 2: DIFFICULTIES, CHALLENGES AND RISKS OF THE REAL ESTATE MARKET"}]},{"@type":"WebSite","@id":"https:\/\/saigonratings.com\/en\/#website","url":"https:\/\/saigonratings.com\/en\/","name":"Saigon Ratings","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/saigonratings.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/saigonratings.com\/en\/#\/schema\/person\/e0d668077d8d40a27e110770b92cd78f","name":"Thanh Tran Thien","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/26387506d919cc70da71946a75f3c078f11ee49ad7c393c376629abe12102518?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/26387506d919cc70da71946a75f3c078f11ee49ad7c393c376629abe12102518?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/26387506d919cc70da71946a75f3c078f11ee49ad7c393c376629abe12102518?s=96&d=mm&r=g","caption":"Thanh Tran Thien"},"sameAs":["https:\/\/saigonraings.com\/"],"url":"https:\/\/saigonratings.com\/en\/author\/thienthanh\/"}]}},"_links":{"self":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts\/15347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/comments?post=15347"}],"version-history":[{"count":3,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts\/15347\/revisions"}],"predecessor-version":[{"id":15362,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/posts\/15347\/revisions\/15362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/media\/15145"}],"wp:attachment":[{"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/media?parent=15347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/categories?post=15347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saigonratings.com\/en\/wp-json\/wp\/v2\/tags?post=15347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}