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Condominium
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=== Vietnam === In [[Vietnam]], condominiums have become increasingly popular, especially in urban areas like [[Hanoi]] and [[Ho Chi Minh City]].<ref>{{Cite web |last= |date=2024-07-10 |title=Condo prices in Hanoi catching up with the HCM City market |url=https://en.vietnamplus.vn/condo-prices-in-hanoi-catching-up-with-the-hcm-city-market-post289907.vnp |access-date=2024-11-02 |website=Vietnam+ (VietnamPlus) |language=en}}</ref><ref>{{Cite web |date=2024-07-09 |title=Giá ở mức cao, nhưng chung cư tại Hà Nội và TP.HCM vẫn 'khan hàng' |url=https://tienphong.vn/gia-o-muc-cao-nhung-chung-cu-tai-ha-noi-va-tphcm-van-khan-hang-post1653388.tpo |access-date=2024-11-02 |website=Báo điện tử Tiền Phong |language=vi}}</ref> The Law on Residential Housing (No. 65/2014/QH13), effective since July 1, 2015, allows foreigners to purchase condominiums in Vietnam.<ref>{{Cite web |date=2024-07-09 |title=Vietnam's property market remains resilient |url=https://estaventure.com/vietnams-property-market-remains-resilient/#:~:text=Through%20the%20Housing%20Law%20(Law,can%20now%20purchase%20residential%20property. |access-date=2024-11-02 |website=Báo điện tử Tiền Phong |language=vi}}</ref><ref>{{Cite web |title=Điều kiện mua bán căn hộ chung cư |url=https://dangcongsan.vn/ban-doc/hoi-dap/dieu-kien-mua-ban-can-ho-chung-cu-571730.html |access-date=2024-11-02 |website=dangcongsan.vn |language=vi}}</ref> However, there are restrictions: foreigners can own up to 30% of the apartments in a condominium and a maximum of 250 individual houses within a designated area.<ref>{{Cite web |title=CÔNG BÁO/Số 37 + 38/Ngày 08-01-2024 |url=https://tulieuvankien.dangcongsan.vn/Uploads/2024/4/7/2/Luat-27.pdf}}</ref> The ownership period is limited to 50 years, with an option to extend for another 50 years. This law aims to attract foreign investment while ensuring that the majority of housing remains accessible to Vietnamese citizens.<ref>{{Cite web |date=2023-05-22 |title=Mua chung cư sau 50 năm sẽ thế nào? |url=https://vov.vn/kinh-te/bat-dong-san/mua-chung-cu-sau-50-nam-se-the-nao-post1021721.vov |access-date=2024-11-02 |website=VOV.VN |language=vi}}</ref>
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