Real estate

Land property sale in the North and South market has seen a boom with a hike in price and quantity in the first 3 months of 2017.

Before 1975, Saigon was a city known as the “Pearl of the Far East” at war. After April 30, 1975, Ho Chi Minh City – Saigon entered a new era of peace and development with the aspiration to restore the old fame. Fourty two years now and Ho Chi Minh City’s government and people have been striving to achieve the goal of sustainable urban development as soon as possible.

According to experts, the real estate market in the west and southwest of Hanoi is expected to develop further with the development of infrastructure and high demand.

Residential property in Monaco is now the most expensive real estate in the world. Our latest research found that 2016 saw the average re-sale price reach a record high of €41,400psm, up 180 per cent in a decade, a rate of growth largely unseen in developed economies.

From the transitioning markets of India and China to established urban centers in Europe and the United States, rapid urban development has created challenges for the world’s most dynamic cities.

The Investment (Dau tu) Review held a ceremony on March 15 to honour the most attractive real estate projects 2016 chosen by readers of the newspaper.

The first phase of an international exhibition Vietbuild Hanoi 2017 will take place in the Vietnamese capital Hanoi from March 15 to 19, drawing participation of 18 countries and regions, according to its organizer on Monday.

The first Asia-Pacific Economic Cooperation (APEC) Senior Officials Meeting (SOM 1) and related meetings concluded Friday in Vietnam`s south central coastal Nha Trang city, with positive outcomes, laying a foundation for the next events from now to the end of this year, officials said.

The real estate market in Vietnam has witnessed a burst of activity with interest from both foreign and local investors.In the last quarter of 2016, one of the contractors for Ho Chi Minh City’s first metro line, Maeda, partnered with Thien Duc, a local developer, to develop a 30-million-USD high-end residential project, Waterine Suites, according to Savills Vietnam.

KTĐT - A lot of entertainment projects have been invested in the Central and the South of Vietnam where possess the favor of climate and spectacular views. However, the investment trends in recreational real estate have switched to the northern region, notably in Hanoi which are diversely in terms of variety and investors.

Nearly $ 2 billion of foreign capital pouring into the market, Vietnam`s real estate is considered as "rising star" of Southeast Asia.

It is estimated that by the end of this year, Hanoi`s real estate market will have additional 200,000sq.m of offices for lease. The market segment for offices and retail space for lease in Hanoi is expected to become fiercely competitive as supply increases.

Thanks to the policy on the expansion towards the western in Hanoi along with more choice from local residents living in the outskirts, the real estate market is forecasted to record a growth supply in the western land sections this year.

The forecast was made by Deputy Director of Savills Research in Hanoi Do Thi Thu Hang at a press conference on the real estate market in Hanoi on January 10.

After nearly 10 years in Vietnam, Gamuda Group (Malaysia) has made cluster sewage lakes of Yen So, Hoang Mai district into the park and constructed the largest wastewater treatment factory in the city.

KTĐT - The disbursement of the housing stimulus package, valued at 30 trillion VND (1.4 billion USD) in preferential loans, will finish on schedule, according to the State Bank of Vietnam (SBV).

On November 24th, 2016, Vimedimex Pharma Group (Vimedimex Group) publicly launched its real estate trademark - Vimefulland. On this occasion, Vimedimex also announced its initial real estate project which is known as Belleville Hanoi, and initiated the Contract Signing Ceremony with strategic partners.

Many large foreign corporations have more and more investment in the housing market of Vietnam by forming joint ventures or buying shares of domestic enterprises.

On July 20-24, VNREA Expo 2016 – will be held by the Vietnam National Real Estate Association (VNREA) in collaboration with the Vietbuild Construction International Exhibition Organisation Corporation, at the National Architecture, Planning and Construction Exhibition Centre in Hanoi.

The Vietnam State Bank said that the draft revision of Circular 36 towards tightening of the credit will make some difficulties for real estate (real estate) companies.