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Legalization of condotel being ignored due to lack of synchronized laws

Proposal of concerned ministries to amend the four laws, including the Law on Real Estate Business, Land Law, Housing Law and Construction Law to legalize condotel was not considered by the National Assembly this time.

'Condotel investors in Vietnam offering aggressive returns'

Chief operating officer of the property developer Indochina Capital shows his concerns when investors are providing too many attractive offers to condotel buyers in Vietnam.

FLC cooperates with the US’s leading brand owner to run it hotel project in Central Vietnam

On May 10, 2018, FLC Group entered into the Memorandum of Understanding (MoU) with Best Western, a hotel management brand from the US.

What will happen if law and customers 'turn away' from condotel?

JLL Vietnam's Le Thi Huyen Trang said that in case condotel projects canot be sold due to legal risks and profit commitments, it will return to the original nature of hotels.

Ministry of Construction: Condotels should be used in the long term like residential land

Minister of Construction Pham Hong Ha proposed to amend the Land Law to allow using the land for trade in tourism services in the long term with obtaining land use fees similar to residential land.

Hoa Binh wins construction packages worth nearly US$66.1 million

Hoa Binh Construction and Real Estate Corporation (Hoa Binh), in January 2018, has won the tender of the seven packages involved in the construction of the foundation, structure and plastering.

Controversy raised over legalization of condotels

About the viewpoint of FLC Chairman Trinh Van Quyet on proposing to apply the civil code to settle legal issues for condotels, many lawyers disagreed because they said it was not suitable.

The largest condotel complex project Arena launches 4,500 hotel apartments along Cam Ranh peninsula

Nha Trang Bay Investment Construction Joint Stock Company will present The Arena Cam Ranh - the largest condotel complex project in Vietnam this weekend.

US$88-million hotel project commenced in Ha Long Bay

Project of Double Tree by Hilton Hạ Long Bay Hotel & Condotel which is invested by Tri Duc Hotel Joint Stock Company was commenced on December 06, 2017.

Nha Trang surpasses Danang in condotel supply

Nha Trang and Danang are the two leading real estate markets of Vietnam in terms of condotel supply.

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