There were only 12 newly launched projects in Ho Chi Minh condominium market in the first quarter of 2019, dropping significantly due to long Tet holiday and slow licensing process, according to CBRE.
Hundreds of real estate projects in Ho Chi Minh City have been delayed by cumbersome administrative procedures and the authorities’ temporary halt on project approval.
Investors are moving beyond residential market to venture into tourism and industrial real estate.
Newly appointed Group CEO for Savills Mark Ridley will be visiting Vietnam – one of Asia’s most vibrant property markets and a long-term strategic area for Savills.
Guests can now use technology to facilitate their journey before, during and after staying at the hotel.
The office will help the company attract Japanese investors as well as sell Japanese properties to Vietnamese.
Hongkong Land is showing great interest in the country’s luxury residential market.
Smart home trend is thriving in Asia but still in infancy in Vietnam, according to JLL.
Construction of the mixed-use development has been stalled for years.
Investors putting in a nominal investment in a vacant space to adapt it for a non-retail tenant can create long-term interest and occupied space, according to property consulting company JLL Vietnam.
