Real Estate

Ho Chi Minh City to auction 9 land plots in Thu Thiem

Ho Chi Minh City will auction land-use rights for nine land parcels covering 77,606sq.m in its Thu Thiem new urban area in District 2.

Real estate developers petition Government to relax foreign ownership restrictions

Real estate developers are proposing the government to eases existing limits on foreign ownership to increase the liquidity of the market which has been badly hit by pandemic.

Project to establish Thu Duc City to be urgently finished

The Ho Chi Minh City People’s Committee announced the direction of the city's chairman Nguyen Thanh Phong to implement the government's decision on piloting smart city government and forming Thu Duc City.

Local real estate remains attractive proposition for foreign ...

The first seven months of the year witnessed foreign direct investment (FDI) into Vietnamese real estate stand at $2.8 billion, according to figures released by the Ministry of Planning and Investment.

Vietnam cancels ADB loan for Ho Chi Minh City's second metro line

Vietnam has decided to cancel a $390-million loan from the Asian Development Bank meant to fund the second metro line in Ho Chi Minh City.

Real estate firms’ profits plummet on pandemic woes

Property companies listed on the Hanoi Stock Exchange reported a 79.4 percent year-on-year fall in profits in the first half due to the Covid-19 outbreak.

Vietnam to seek foreign investors’ advices on building Thu Duc city

The government will seek advices from foreign investors, representatives from tech, finance, real estate firms on building the city, which will be merged from 3 eastern districts of Ho Chi Minh City.

In five years, foreigners buy 16,000 houses in Vietnam

Foreign individuals and organizations have purchased up to 16,000 houses in Vietnam in the past five years, accounting for 2% of all homes sold in the country during the period.

Real estate companies top worker layoff list amid Covid-19 woes

Two thirds of real estate companies have laid off employees as a result of the Covid-19 pandemic, the highest rate of any sector, a survey found.

Léman Luxury wins Dot Property Awards 2020 for Best Innovative Green ...

Léman Luxury, a major project of C.T Group was honored as the “Best Innovative Green Building” at the Dot Property Vietnam Awards 2020 ceremony organized in Ho Chi Minh City Thursday night.

Post-COVID move in Vietnam’s industrial real estate market

The wave of transiting factories out of China from preferential trade agreements EVFTA, CPTPP and Vietnam's effective control of pandemic have increased the chance to welcome more investments into Vietnamese industrial estates.

South Korea to help Ho Chi Minh City study feasibility of Metro Line No. 5's second ...

The Korea International Cooperation Agency (KOICA) has confirmed its support for a feasibility study of the second phase of Ho Chi MInh City ’s Metro Line No 5, Vietnam News Agency reported.

Ho Chi Minh City to develop hi-rise building along metro line

Ho Chi Minh City plans to stop construction of high-rise apartments in downtown and focus instead on building such residential complexes along the first metro route in the city.

IFC invests in $75mln bonds of Vietnam-based property developer Phu My ...

International Finance Corporation is subscribing to a $75-million bond issuance by Phu My Hung Development Corporation to help the company sustain its property development operations amid pandemic, the credit institution said.

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Real Estate

Hanoi proposes to build $2.8bln metro line

Ho Chi Minh City metro work gives massive boost to nearby house prices

Thu Duc City still a very distant dream