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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.

Who is leading condominium market in Vietnam?

With a lack of public housing initiatives, the market is currently being led by private developers.

Toong and Indochina Vanguard in partnership to integrate co-working space in Wink Hotels

Toong and Indochina Vanguard have announced a partnership to locate co-working space facilities into newly created Wink Hotels, the first of which is scheduled to open in Ho Chi Minh City in the final quarter of 2019.

Coteccons tops out the tallest skyscraper in Vietnam

On March 9, Coteccons officially topped out Landmark 81 - Vietnam's tallest tower 45 days ahead of schedule.

Dragon Capital pouring hundreds of millions of USD in local real estate portfolios

Investment funds managed by Dragon Capital have invested in real estate companies, namely Century Land Joint Stock Company (CEN Land) and Hai Phat Investment Joint Stock Company (Hai Phat Invest).

Vietnam real estate market ranked in top three markets in attracting investment in South East Asia

Vietnam would continue to be in the top three target markets for international investors, especially Japanese, South Korean, Chinese and Singaporean investors, according to a report just released by Jones Lang LaSalle (JLL), American professional services and investment management company specializing in real estate.

CapitaLand to develop US$217 million integrated development in Hanoi

Singapore-based real estate corporation CapitaLand has also successfully set up its second commercial fund in Vietnam, CapitaLand Vietnam Commercial Value-Added Fund (CVCVF), which has closed at US$130 million to develop Grade A commercial properties in Vietnam.

Hectic real estate supply in early 2018

Immediately after the Lunar New Year, large real estate projects planned to open for sale show that businesses have great expectations in 2018.

Dat Xanh Real Estate plans to hit US$220 million in sales in 2018

Dat Xanh Real Estate Service & Construction Corporation plans to increase its charter capital by nearly VND850 billion (roughly US$37.47 million) to finance the long-term portfolio of real estate projects.

Singaporean real estate giant gaining huge profit in Vietnam

In 2017, Singapore-based real estate corporation CapitaLand sold 1,409 apartments in Vietnam and achieved the sales record of over VND7,900 billion (roughly US$348.25 million), up 63 per cent from the previous year.

Rail to gear up development of real estate sector in both Hanoi and HCM City

When metro systems are put into operation, more developers would invest in large-scale real estate projects across the cities, according to American professional services and investment management company specializing in real estate JLL.

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