Alma, a 196-pavilion and 384-suite resort that commands 74 acres of beachfront, 14 sublime food and beverage outlets and a cascade of 12 beachfront swimming pools, will reopen in Vietnam’s new “it” destination on May 31 in the wake of Covid-19.
With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers.
Given the surging demand for tourism in Ba Ria-Vung Tau, especially during themajor holidays, local lodging services may soon find themselves overloaded. Theprovince is in great need of quality recreational properties.
According to JLL’s latest data, Southeast Asian and India markets offered the best returns for investors in 2019, and are expected to continue performing well in 2020.
Vietnamese developers are seeking new capital sources as banks tighten credit for real estate.
More competitive land cost as well as lower occupancy rate are making emerging industrial areas in surrounding provinces become more attractive to investors and developers.
L’Alyana Senses World is poised to elevate tourism in Phu Quoc island to a new height.
Yields of 4-6 per cent are the right expectations for a sustainable rental return, given that the buyer still enjoys free usage and a potential chance for capital gain in the mid- to long-term, says Savills Hotels APAC.
As Danang and Nha Trang has expericenced a slowdown in second-home supplies, non-traditional markets such as Binh Thuan and Ba Ria-Vung Tau are emerging as next hotspots.
Indochina Kajima Development Limited and partners celebrate the topping out of the first Wínk hotel in Ho Chi Minh City and the groundbreaking of another Wínk hotel in Danang.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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