Vietnam’s UPGen expands to Bangkok and Kuala Lumpur
The local shared workspace company will launch nearly 10,000 square metres of working space in cities of Bangkok and Kuala Lumpur, as well as an addition of 50,000 square metres in Vietnam.
The local shared workspace company will launch nearly 10,000 square metres of working space in cities of Bangkok and Kuala Lumpur, as well as an addition of 50,000 square metres in Vietnam.
The office market in the last three months of 2018 is projected to be extremely booming with the entry of Thai Square- Grade A office building in Centre Business District (CBD) and three Grade B office buildings in the west area, according to CBRE.
In the first half of this year, the average primary price of condotel in Danang increased by 19 per cent to reach $2,100 per square meter, according to Savills.
Thai Square office building is the second real estate project in Hanoi owned by Thaigroup.
The international real estate developer Alpha King has just announced that it will develop two projects in District 1, Ho Chi Minh City including the grade-A office building Alpha Town and Alpha City complex.
A joint venture has just been established to develop a $115-million real estate project, on a land of over 40,000 square metres.
The debt is secured with 50,000 square metres of land plots in District 7, Ho Chi Minh City.
Micro apartments sized 25 to 45 square meters have been proposed to be built on the margins and suburbs of Ho Chi Minh City.
The micro apartments sized 20 square meters would not be allowed to be constructed in Ho Chi Minh City anymore.
The national housing development strategy targets having 12.5 million square metres of social and affordable housing by 2020.