HCMC needs 50,000 apartments per year to meet demand: Savills
Ho Chi Minh City will need about 50,000 new apartments each year to meet demand, with 60-70% in the affordable segment, but current supply is falling way short, according to Savills Vietnam.
Real Estate - Fri, May 3, 2024 | 8:00 am
Luxury boom drives competition for prime retail space in HCMC
Demand for luxury retail in Ho Chi Minh City has seen exponential growth, driven by positive growth momentum and the rise in the city's wealthy customer base, said Savills Vietnam analysts.
Real Estate - Mon, April 22, 2024 | 5:23 pm
Hanoi low-cost apartment supply down 47% yearly since 2020: Savills
Hanoi’s supply of budget apartments priced below VND30 million ($1,179) per square meter has dropped 47% every year since 2020, according to real estate service firm Savills Vietnam.
Real Estate - Sun, April 21, 2024 | 9:40 am
Vietnam urban trade centers see higher occupancy, rentals with foreign brands’ entry
With the entry of foreign brands, shopping centers in Hanoi and Ho Chi Minh City witnessed a steady increase in rentals and occupancy rates in the year’s first quarter.
Real Estate - Thu, April 18, 2024 | 3:38 pm
Vietnam real estate: big room for foreign businesses: Savills
With advantages from macro factors and an attractive market across most real estate segments, Vietnam is still a promising destination for foreign investors despite current market woes, according to Savills Vietnam.
A year in review and 2024 forecasts - Wed, March 20, 2024 | 10:27 am
60% of foreign homebuyers in Vietnam look for capital gains
Over 3,000 foreigners bought housing in Vietnam between 2015 and the third quarter of 2023, 60% of whom were buy-to-gain investors, real estate service firm CBRE said in a report.
Real Estate - Mon, March 18, 2024 | 10:53 am
New land law offers more chances for overseas Vietnamese to own real estate in Vietnam: Savills
The expansion of land use rights for overseas Vietnamese (OV) in the recently passed 2024 Land Law is good news for OVs who want to own real estate in Vietnam, said experts from Savills Vietnam.
Real Estate - Fri, March 15, 2024 | 1:51 pm
Binh Duong emerges as attractive destination for affordable home buyers
While the apartment supply in Ho Chi Minh City has hit its lowest point in the last 10 years, neighboring Binh Duong province is emerging as an attractive destination for home buyers with a supply of diverse products at affordable prices, according to Savills Vietnam.
Real Estate - Tue, February 27, 2024 | 9:40 am
Apartment prices in Hanoi rise for 20 consecutive quarters, ease in HCMC
The average primary prices of apartments in Hanoi have increased for 20 consecutive quarters amid scant supply while those in Ho Chi Minh City have cooled down, according to the latest Savills Vietnam report.
Real Estate - Thu, January 18, 2024 | 10:55 am
Vietnam property market awaits important legal frameworks as it enters ‘new cycle’
The Vietnamese real estate market is entering a “new cycle” and waiting for important legal frameworks for further development, said executives with property consultants Savills Vietnam.
Real Estate - Sun, January 14, 2024 | 9:00 am
Vietnam among world's fastest growing data center markets
As demand for data and its storage increases around the world, previously underserved data center (DC) markets are quickly establishing a presence on the main stage, write Savills Vietnam analysts.
Consulting - Thu, December 28, 2023 | 11:02 am
Options for first-time homebuyers in Ho Chi Minh City: Savills
Demand for homeownership remains a significant priority in Ho Chi Minh City and surrounding provinces, particularly for the younger population. These buyers will play an important part in market recovery, according to experts from Savills Vietnam.
Real Estate - Sun, December 24, 2023 | 8:29 pm
Clearer, more relaxed legal framework to boost real estate M&A activity: Savills
An “exciting” period is in store for real estate M&A activities in Vietnam in the next two years once the legal framework is clearer and more relaxed, says Neil MacGregor, managing director at Savills Vietnam.
Real Estate - Fri, November 24, 2023 | 5:28 pm
Vietnam attracts Chinese firms in energy production: Savills
Vietnam, especially the North, is attracting Chinese businesses, especially companies in the field of energy production thanks to its proximity to China and competitive industrial land prices compared to the South, according to associate director, head of industrial services at Savills Vietnam John Campbell.
Economy - Wed, November 22, 2023 | 10:30 am
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