Hanoi property market is enjoying robust trade with prices still on the increase. It is all the more so for apartments. Unlike the southern property market where developers are grappling with a host of difficulties owing to oversupply and cautious customers, the northern market, especially the capital city of Hanoi, is enjoying robust trade with [...]
Rumors of impending infrastructure development projects have sent real estate prices soaring in some suburban districts of Hanoi like Me Linh, Dong Anh and Soc Son. In Me Linh District, residential land is selling at prices of between 20-40 million dong (US$950-1,900) per square meter, nearly double that of last year, while agricultural land, which [...]
Hanoi may witness a redundancy in high-end offices for rents in the coming months due to the oversupply coupled with low demand. Too many available spaces Real estate companies are racing to sell their products while many new projects are set to be put on the market soon. Meanwhile, investors are also eyeing other markets [...]
Many property enterprises are struggling to survive the increase in building materials, electricity and gasoline prices combining with the government’s tight monetary policy to tame inflation. Chairman Le Chi Hieu of HCMC-based construction firm Thuduc House said macroeconomic policies were making great impacts to the property market. “It takes two years or more to finish [...]
Twelve universities in the inner city of Hanoi have been “ordered†to relocate to new places. This means that the schools will leave attractively located land plots , considered the “open-cast gold minesâ€. The “golden land fund†The Hanoi School of Public Health’s headquarterThe Hanoi Law University at No 87 Nguyen Chi Thanh street occupies [...]
The office market in Hanoi City is estimated to continue increasing in the fourth quarter and Jan 2010, CBRE said in its newly released Asia Market View Q32010. Q3 2010 Review Grade A office rents in Hanoi recorded a mild improvement during the third quarter of 2010, rising 1.9% q-o-q to stand at US$40.4 psm/month [...]
A draft on land prices in Ha Noi in 2011 said prices in the coming year would remain the same reported Ha Noi’s People’s Committee. The prices of land would remain at the lowest of VND2.34 million per square metre in Duong Noi and Ha Dong District, while land on Hang Ngang and Hang Dao [...]
The more profuse supply and the lack of investment capital both have forced real estate developers to ease sale prices to attract more buyers. Real estate developers have to slash sale prices FLC Company has announced the plan to put apartments at FLC Landmark Tower project on Le Duc Tho Road in Tu Liem District [...]
The Ha Noi real estate market will be less active during the last quarter of the year, according to real estate experts. Chairman of the Ha Noi Real Estate Club Nguyen Huu Cuong said that while the real estate market might warm up slightly, many opportunities for profit were unlikely. Cuong attributed the slow sales [...]
Launching promotion campaigns, slashing sale prices, extending the payment deadline, fixing the sale prices in Vietnam dong instead of the dollar are the measures being taken by real estate developers, who are trying to warm up the frozen market. Slashing prices to boost sale The higher dollar has made the real estate market, which has [...]
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