Macau-headquartered casino giant SJM Holdings has rejected rumor saying it is seeking approval to develop a $6 billion resort and casino complex in Quy Nhon city, Binh Dinh province.
BW Industrial Development JSC and ESR Cayman Ltd accelerated the completion of a 40,000 sqm facility in the My Phuoc 4 Industrial Park which will serve as a makeshift COVID-19 treatment centre.
Nam Long Apartment Development Corporation, a member of Nam Long Group has teamed up with Nishi Nippon Railroad Japan to develop a new affordable condo project named EHome Southgate in Long An.
When the current strategy turned outdated and unsuitable to the new conditions, change needed for further sustainable development is a challenge that most real estate developers have to overcome.
- Nam Long partners with Japan’s major railway operator to build new affordable condo project 1
- Real estate firms seek to adapt and thrive in the “new normal” 2
- HCMC land prices for townhouses reaches $5,700 per sq.m 3
- Understanding the differences between branded apartment, serviced apartment and luxury apartment 4
- C.T Group holds topping-out ceremony for three projects amidst the pandemic 5
- SJM Holdings rejects rumor of planning $6 billion casino in Vietnam province 6
The average price of land used to build townhouses or villas in HCMC was VND131 million ($5,700) per square meter in Q2.
Branded apartments and serviced apartments are licensed brands and operated by respectable hoteliers, according to Mr. Gautam Bhandari, Regional Vice President, Hotel Development, Asia Pacific, Marriott International.
C.T Group has recently organised the topping-out ceremony for three projects in line with 5K pandemic regulations.
As technology develops and demand keeps increasing in the property sector, proptech will develop in a similar way to fintech, experts have said.
A shophouse linking near Metro Station 10 of HCMC’s first metro line is on right track to finish. The shophouse accommodates all shopping and entertainment activities of residents and metro commuters.
Masterise Homes, Vietnam’s largest developer of branded residences, has partnered with Techcombank to introduce a house exchange program “Home for Home” which was launched on Monday in Ho Chi Minh City.
The level of interest among foreign investors in local real estate projects has continued to see positive changes this year despite numerous difficulties caused by the COVID-19 pandemic, according to property consultants.
ESR Cayman marked its first entry into the Vietnamese market and expanded its APAC footprint in Southeast Asia through a partnership with BW, a leading industrial real estate developer in Vietnam.
Frasers Property, a Singaporean multinational real estate and property management company, was reported to be ready to handover its mixed-use Q2 Thao Dien to residents.
The COVID-19 pandemic has made 2020 a challenging year for global and Vietnam’s economy particularly. In the difficult context, Nam Long Group conducted a series of M&A in the real estate market.
Masterise Homes held the groundbreaking ceremony of the Grand Marina, Saigon, the first ever JW Marriott and Marriott Branded Residences in Vietnam, in downtown of Ho Chi Minh City.
The Export-Import Bank of the Republic of Korea is seeking Ho Chi Minh City government’s approval to conduct an investment study for Phase 2 of Metro Line No. 5.