In the development, real estate shares continue to grow?

A series of real estate stocks are growing strongly in terms of value and liquidity. From the beginning of 2018 to now, the group of real estate stocks is the district attracted strong cash flow investment. According to leading experts and securities analysts, the growth momentum of this group will continue.

Speed

The strongest among real estate stocks was VIC of Vingroup, the largest market capitalization company. In the first trading session of this year, VIC stood at 78,200 dong per share. At present, it is trading at around 120,000 dong per share, equivalent to 57% growth.

Before the floor fell back on April 3 trading session, VIC had 4 consecutive sessions of ceiling loss and a series of sessions before the ceiling. The strength of this stock is still maintained with an average of more than 2 million shares traded per session.

NVL of Novaland Group is also experiencing impressive growth with the 7th consecutive session of green floor with the matched volume reached 3 million in the last session.

In the January 2, 2018 trading session, NVL has a price of 65,500 dong per share. Up to now, this stock is fluctuating around VND72 billion / share, equivalent to growth of over 11%. NVL’s recent price has a progressive growth of over 4%.

Another code in the group “giants” is the KĐH Khang Dien House is signaling the price to 40 thousand per share. KDH is trading around 37,000 dong / share. This is impressive growth when at the beginning of the year, KDH’s market price was only around 27,000 dong / share.

In the middle group, the SCR of Saigon Thuong Tin Real Estate Joint Stock Company (now TTC Land) is breaking out impressively and exceeds the threshold of 14,000 dong per share. This is a “terrible” growth compared to the price of 9 thousand per share at the beginning of the year.

Thu Duc Housing Development Corporation (TDH) has not been aggressively aggressive but has been moving in the upward trend. In the beginning of 2018, TDH at the price of 14,900 dong / share, the time is over the threshold of 15,600 dong / share.

After 3 sessions of green floor, TDH is showing signs of decrease. However, looking at the trading volume surged and the progressive increase of more than 1% each session, this stock is the stable and least risky investment in the eyes of investors.

In the development, real estate shares continue to grow?

Style or class?

Independent experts’ assessment, the growth of listed stocks, comes from internal attraction through their own business strategies. Besides VIC blue chips, NVL, KDH, SCR, and TDH were both attractive due to their cash flow and reasonable outlook.

In general, real estate stocks are gaining momentum. According to the analysis of securities companies, the group had a growth rate of 52%, far surpassing the 48% increase of the VN-Index in 2017. The positive results of the group of real estate stocks is due to the joint Strong sales growth as well as good business results in 2017.

According to SSI statistics, out of about 60 real estate firms listing on the stock market, up to 36 companies will see profit growth in 2017, and one-third of those will see growth of more than 100%.

According to CBRE Vietnam, the momentum of stock codes of real estate companies will be sustainable by 2017, the total volume of apartment transactions increases by 14% in Hanoi, while the total number of apartments sold in Ho Chi Minh City about 33,000 units. Absorption rates in Hanoi and HCMC remained high at 66% and 75%, respectively, compared to 70% in 2016.

Another reason that real estate stocks will continue to maintain the momentum is that FDI inflows continue to flow into Vietnam. According to the Ministry of Planning and Investment, newly registered FDI in Vietnam reached $ 35.9 billion in 2017 and real estate continues to be among the most attracted FDI sectors in Vietnam with $ 3 billion, 8.5% and ranked third, behind only manufacturing and manufacturing and distribution.

Economist Le Minh Hoang, University of Economics in Ho Chi Minh City said that in the next few years real estate market and real estate stocks will maintain growth, for many reasons.

The first is urbanization, which is projected to continue to rise to 45% by 2020 and a growth rate of 3% per year in urban areas. The rapid urbanization process together with the increase in population is expected to generate housing demand at 374,000 units annually. Each year there are 58,000 in Ho Chi Minh City and 42,000 in Hanoi. The change of families in the creation of living space has strongly supported the demand for housing. Moreover, rising incomes and low interest rates also support affordability.

“All of these factors will facilitate the development of the real estate market,” Hoang said, adding that the shares of real estate firms will accelerate and grow.

You are reading the article In the development, real estate shares continue to grow? in the Real Estate category at https://realestatevietnam.com.vn/.Any information sharing, feedback please email to contact.vietnamrealestate@gmail.com, Hotline (+84) 898 898 688 (24/7).

Special thanks!