Office rents in Ho Chi Minh City could spell an increase of up to 20 per cent for some Grade A properties in 2018, according to the latest 2018 Asia Pacific Forecast of global real estate services firm Cushman & Wakefield.
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.
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.
Welcoming the six millionth international visitor to Ho Chi Minh City (HCMC) in 2017 is an important event concretizing the agreement of economic and social development between Vietnam Airlines and the City.
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.
Given the lack of supply and the increasing rents in the existing central business districts (CBD), JLL anticipates that large companies will start to consider Thu Thiem as a viable alternative for hiring their head offices.
During the first visit to Vietnam, World Bank Vice President for Sustainable Development, Laura Tuck reaffirmed the World Bank Group’s continued support for Vietnam as the country addresses the challenges of rapid urbanization and the impacts of climate change.
The number of villas and terraced houses projects that met the requirements to open for sale last month skyrocketed.
Vietnam attracted US$33.09 billion in registered foreign direct investment (FDI) during the first eleven months of the year, an 82.8 per cent increase over the corresponding period last year.
Ph.D Huynh The Du proposed to develop Thu Thiem new urban area into a special economic zone (SEZ) like Shanghai Pudong in China, to create a push for the development of Ho Chi Minh City’s economy.
