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In Vietnam's real estate sphere, optimism emerges despite lingering challenges

In Vietnam's real estate sphere, optimism emerges despite lingering challenges

Against a backdrop of economic turbulence, Vietnam's real estate market is witnessing a tentative revival, buoyed by promising developments and cautious investor optimism.

The ownership of T&T Twin Towers remains a mystery

T&T Group has rejected to be the owner of big sized T&T Twin Towers project in Da Nang city but said that its subsidiary T&T Land would take part in the project as the developer and distributor only.

T&T Group rejected involvement in $321 million project in Thu Thiem as Keppel Land acted strangely

The major shareholder of Quoc Loc Phat Company, which is the owner of Song Viet complex in Thu Thiem urban area, HoChiMinh city has recently transferred most of the shares to another investor.

Contract to sell public land to Quoc Cuong Gia Lai at knock-down price is cancelled

Quoc Cuong Gia Lai JSC and Tan Thuan Investment and Construction One Member Limited Liability Company have terminated the sale and purchase contract of 32.4 hectares of land in HoChiMinh City, which did not cause economic loss to the State, according to local authorities.

Experts reveal ways to increase value of resort real estate in Vietnam

Just building large rooms or lobbies no longer delivers a sustainable competitive advantage and guest satisfaction for condotel projects, according to the leading real estate consultancy firm Savills Vietnam.

The first three-in-one hotel complex in Van Don Special Economic Zone

CEO Group and the world's leading hotel management group Accor have recently signed a memorandum of understanding in developing Sonasea Van Don Complex.

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.

After Authentic in Hanoi, the Japanese Corporation Haseko eyes a large scale condo project in the South

The Japanese giant real estate developer Haseko is planning to build a high standard condominium project in Ho Chi Minh city in 2018.

Danang experienced record in five-star hotel performance

The average occupancy rate of Danang hotel market was 73 per cent in the second half of last year, with five-star hotels being the highest performer overall, according to Savills Vietnam.

C.T Group shakes hands with Singapore's real estate group to develop over $400 million projects in Vietnam

Tran Kim Chung, Chairman of C.T Group signed many important cooperation agreements with Soilbuild, which is established in 1976 and is Singapore's leading integrated real estate group.

Reversing trend of offering profit commitments for resort real estate

Some resort projects have started to abolish fixed profit commitments to buyers.

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