Vietnam condotel market ineffective, past its boom: consultant

Vietnam condotel market ineffective, past its boom: consultant

Condotel projects in Vietnam have been ineffective in general because developers promised attractive profits without thorough consideration of all relevant factors, says Mauro Gasparotti, director of Savills Hotel Asia Pacific.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Clearer, more relaxed legal framework to boost real estate M&A activity: Savills

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam property market likely to recover from Q2/2024: association chairman

Vietnam property market likely to recover from Q2/2024: association chairman

Vietnam's real estate market is forecast to only recover and develop in a healthier and more transparent way from the second or third quarter of 2024, wrote Dr. Nguyen Van Khoi, chairman of the Vietnam National Real Estate Association (VNREA).

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Condotel supplies absent in southern Vietnam for 4 straight months

Condotel supplies absent in southern Vietnam for 4 straight months

Vietnam’s north and central region saw new condotel supplies in April but the south has seen none for four consecutive months, according to Vietnamese property services and consulting firm DKRA.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ownership certificates to be issued for condotel, officetel projects

Ownership certificates to be issued for condotel, officetel projects

Vietnam is set to issue ownership certificates to buyers of condotel and officetel apartments, tourist villas, and shophouses if they are built on commercial land.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7