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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.

Condominium market in Ho Chi Minh City recorded sustainable growth as the east and south are forecasted to be hotspots

Even though the total new supply of condominium in Ho Chi Minh City (HCMC) showed a decrease last year, good product configuration helps the market to maintain a good absorption.

Recovering economy and the FDI influx pose pressure on rising office rents

Despite the appearance of new office buildings, large demand has left hardly any space in central Hanoi and Ho Chi Minh City (HCMC), which may continue to see rising rental prices.

Dat Xanh Real Estate approves to acquire over US$60 million golf course project in Cam Ranh

After over seven years, Cam Ranh Golf Course and Ecological Villa project is still on paper.

Sacombank offers million-dollar real estate assets for sale in HCMC and Binh Duong province

Besides the industrial park in Long An province was offered for sale at nearly VND10 trillion (US$441 million) through the auction, Sacombank is also selling many real estate assets worth to trillions VND in Ho Chi Minh city (HCMC) and Binh Duong province.

Fringe office markets become the new prime trend

Dynamic office markets are now more likely to be found outside traditionally prime locations, says Savills, as mixed-use and co-working space becomes increasingly popular, challenging the view that trophy office buildings will be desirable to investors in the coming decades.

Ho Chi Minh City leads Asia-Pacific in real estate investment potential for 2018

The real estate market in Ho Chi Minh City (HCMC) is attracting the huge attention of foreign investors due to the high profit it brings about.

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.

Savills Vietnam officially appointed property manager of The Eden Rose

The Eden Rose is the latest project for which Vimefulland, a real estate developer under Vimedimex Group, has chosen Savills as its property manager.

Singaporean property tycoon acquires two prime projects in HCMC

Keppel Land Limited (Keppel Land) has entered into two conditional sales and purchase agreements to acquire 100 per cent interest in two prime sites in Ho Chi Minh City (HCMC) and the total development cost of the two sites amounts to US$297 million.

Hongkong Land cooperates with CII to develop US$400 million apartment project in Thu Thiem

Hongkong Land has surpassed many other foreign investors to become Ho Chi Minh City Infrastructure Investment JSC (CII)’s partner to develop a 1,140 apartment project.

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