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.
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.
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.
- Vietnam among three real estate hotspots in Asia 1
- Ba Ria-Vung Tau motorway and Ring 4 construction cost over $53 million 2
- HCM City's first metro line to undergo test run on December 21 3
- Construction firm Coteccons enters into real estate development industry 4
- Long-awaited urban commuter train system remains unfinished business 5
- Nine-month FDI to Vietnam's real estate doubles to $3.5 billion 6
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.
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.
Real estate prices in 2021 are expected to increase by 10 per cent over the previous year, said Nguyen Van Dinh, deputy general secretary of the Viet Nam Real Estate Association.
Ho Chi MInh City will not allow construction of high-rises in seven districts if there are no plans for corresponding technical and social infrastructure.
Keppel Capital Holdings and Keppel Land, arms of Keppel Corporation have raised $400 million for the Keppel Vietnam Fund.
Japan’s retailer Takashimaya has turned to property development in Vietnam with commercial and office projects as the company's next engine for growth amid Covid-19 pandemic, Nikkei reported.