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

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.

The nouveau riche in the real estate market

As newcomers in the real estate market, they are known as ‘upstarts’ thanks to their rapid increase in capital and implementation of huge projects.

‘Tel’ properties need legal clarity

The emerging trend of “condotels” and “officetels” (condominiums and offices treated as hotels) as attractive investment options in the country requires that the legality of such properties are clarified urgently, experts say.

Hanoi, Saigon plan hotel expansions as foreign arrivals continue to rise

Vietnam's largest cities plan to add around 1,000 new rooms each by the year end.

Vietnam luxury hotel market becomes ‘hotspot’ in SE Asia

As luxury hotels prosper, more and more investors are pouring capital into the sector.

Hometel property segment promises big profits, big challenges

Though hometel properties are new in Vietnam, the segment is well known as a profitable business model as investors can make high profits when reselling or leasing.

City seeks to calm land speculation

The HCM City People’s Committee has instructed relevant authorities to develop software that will allow the public to obtain land-use plans on their mobile phones as a means to avoid the land “fever” that occurs periodically.

Too many high-end apartments in Hanoi, HCM City: analysts

The supply of high-end apartments has been increasing rapidly in Hanoi and HCMC, but sales have not been brisk.

New trend: Vietnamese capital flowing into foreign real estate markets

While foreign capital flows into the Vietnamese real estate market, domestic capital also flows out of Vietnam into various markets around the world.

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