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Real estate

Danh Khoi Group would become key player in real estate industry

Danh Khoi Group would become key player in real estate industry

Danh Khoi is step by step turning into a leading real estate development group in both domestic and foreign markets.

HSBC warns of real estate risks

Keppel Land acquires another housing complex in Saigon South

Vietnamese people still lack experience in living in condominiums

“Most of the Vietnamese people lack experience in living in condominiums so they usually feel annoyed when following its rules and need time to adapt to them,” said Stephen Wyatt, Country Head of Jones Lang LaSalle (JLL) Vietnam, an American professional service and investment management company specializing in real estate.

FLC invests in a 6.4ha urban area in South Tu Liem district, Hanoi

FLC, one of the leading real estate developers in Vietnam, is investing in the 6.4ha urban area including terraced houses, villas, high-rise buildings and subsidized houses that are expected to finish at the end of quarter 2, 2019.

Thousands of foreigners await home-ownership certificates

Thousands of successful real estate deals have been closed relevant to foreigners but up to date a modest number granted home-ownership certificates may hinder foreigners' eagerness.

MoC called for a quick disbursement of the VND2 trillion package for social housing

A package of VND2 trillion (roughly US$88 million) supporting social housing projects has just been approved by the National Assembly. The Ministry of Construction demanded Vietnam Bank for Social Policies to disburse the capital this year.

Foreigners can own apartments for a maximum term of 99 years

Prime Minister (PM) Nguyen Xuan Phuc demanded that the revision of the draft law on Special Administrative-Economic Units should aim at increasing the term of land allocation, land lease and land use and allowing foreigners to own apartments for a maximum term of 99 years.

HoREA proposes to alter the mechanism of calculating the land use levy

Two options of modifying the calculating method of the land use levy were proposed with a view to lifting the burden on businesses and consumers as well as increasing the transparency in the market.

US$883 million Eco Smart City Project entered into contract

The People's Committee of Ho Chi Minh City (HCMC) and Korean-based Lotte Group entered into a contract on implementation of Eco Smart City project in Thu Thiem New Urban Area, district 2, HCMC. The project has the total estimated investment capital of VND20,100 billion (equivalent to US$883 million) with a construction period of 72 months.

Series of violations detected at FLC luxury resorts

Ministry of Construction just concluded, after a thorough investigation, numerous violations in FLC Group’s two major projects on Sam Son and Quy Nhon beaches (in Thanh Hoa and Binh Dinh province).

Eye-catching segment of low cost apartments draws big brands

After Vingroup, Muong Thanh Group and Him Lam Land, FLC Group announces to involve in low- cost apartments.

Vietnam’s real estate market chalks out bustling M&A

The Vietnam’s real estate market is blooming as the competitive position of the industry has witnessed a high influx of foreign direct investment (FDI) and the positive Mergers and Acquisitions (M&A) activities with impressive growth.

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