The Vietnamese prime minister has approved a national housing development strategy up to 2020 with a vision to 2030, with a specific aim to construct 10 million square meters of housing for low-income earners in the next four years. Apartment buildings should be the most popular type of housing projects, accounting for over 80 percent [...]
Sunwah Group, the developer of an office building and a high-end apartment highrise in downtown HCM City, looks set to get involved in low-cost housing development projects in the city. Sunwah president Jonathan Choi told the Daily that his group, which is based in Hong Kong, China, would set aside about $100 million to develop [...]
The housing markets in both Hanoi and Ho Chi Minh City will continue to see price falls in 2012 as cities across Asia-Pacific are expected to have weaker sales volumes, according to global property consultant Knight Frank. Residential prices in the two Vietnamese cities will fall by 5 to 10 percent next year, after an [...]
People’s Committee of the northern province of Vinh Phuc has recently approved a project to build a resettlement area in Dai Tu hamlet, Dai Tu commune, Yen Lac district in the northern province of Vinh Phuc. The project covers an area of nearly 7.4 hectares, including over 4.1 hectares for residential, over 3.8 hectares for [...]
Many foreign investors are very cautious in making investment decisions in Vietnam real estate market because of unstable economic potential as well as increasing inflation and interest rates. Meanwhile, the liquidity is being limited by the state’s credit tightening policies. But they [foreign investors] remain optimistic and believing in the bright future of Vietnam property [...]
The housing markets in both Hanoi and Ho Chi Minh City will continue to see price falls in 2012 as cities across Asia-Pacific are expected to have weaker sales volumes, according to global property consultant Knight Frank. Residential prices in the two Vietnamese cities will fall by 5 to 10 percent next year, after an [...]
Scores of HCM City-based property projects are stuck due to unreasonable compensation and inconsistent legal documents. North Rach Chiec residential area project in HCM City’s District 9 was approved by the prime minister in 2001. Developer Real Estate Joint Stock Company 10 (Res 10 JSC) was later handed over 78.5 hectares for technical infrastructure construction. [...]
Two years since its effective date, Decree 69/2009/ND-CP has yet to be put into practice as it failed to persuade property developers to pay land use fee following the market prices. This issue was mentioned in a recent document of the HCMC Real Estate Association (HoREA), petitioning central authorities to remove difficulties for realty businesses. [...]
Generally, in the third week of December 2011, the land and apartment prices in HCM City were stable and just increased slightly in the project group in region 13 in Binh Chanh district. The real estate prices in wards in district 2 remained unchanged from the previous week. The selling price for project group in [...]
Generally, in the third week of December 2011, the land and apartment prices in HCM City were stable and just increased slightly in the project group in region 13 in Binh Chanh district. The real estate prices in wards in district 2 remained unchanged from the previous week. The selling price for project group in [...]
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