Hanoi, HCMC primary condo prices move in opposite directions

Hanoi, HCMC primary condo prices move in opposite directions

Primary prices of condominiums in Hanoi soared in Q1/2024 on high demand from homebuyers, but slid in Ho Chi Minh City, according to major property service firms Savills and CBRE.

Real Estate - Sun, April 14, 2024 | 8:00 am GTM+7

Apartment price bubble looms if other housing segments fail to emerge: expert

Apartment price bubble looms if other housing segments fail to emerge: expert

The apartment segment in Vietnam may find itself in a bubble this year if other housing segments are not put on the market soon, said economist Le Xuan Nghia.

Real Estate - Sat, April 13, 2024 | 2:01 pm GTM+7

Continue support for scaling up Vietnam’s eco-industrial parks: official

Continue support for scaling up Vietnam’s eco-industrial parks: official

Capacity building and strong coordination play a significant role in advancing the government’s green growth and circular economy agenda, a government official said Friday.

Industrial real estate - Fri, April 12, 2024 | 4:34 pm GTM+7

Hanoi apartment prices forecast to further increase 10%: CBRE

Hanoi apartment prices forecast to further increase 10%: CBRE

Apartment prices in Hanoi are forecast to continue climbing by an additional 10% due to low supply, property service firm CBRE said in a report.

Real Estate - Fri, April 12, 2024 | 8:12 am GTM+7

Businesses in Vietnam’s oldest industrial park to relocate before 2026

Businesses in Vietnam’s oldest industrial park to relocate before 2026

The relocation of enterprises from Bien Hoa 1 Industrial Park in the southern province of Dong Nai will be completed in December 2025, said local authorities.

Industrial real estate - Wed, April 10, 2024 | 7:39 pm GTM+7

Manufacturing hub Binh Duong plans 10 new industrial parks

Manufacturing hub Binh Duong plans 10 new industrial parks

The Industrial Zones Authority of Binh Duong province, a manufacturing center in southern Vietnam, is promoting the establishment of 10 new industrial parks (IPs) in the 2023-2030 period.

Industrial real estate - Wed, April 10, 2024 | 5:35 pm GTM+7

Apartments priced at $17,000 per sqm spotted in HCMC

Apartments priced at $17,000 per sqm spotted in HCMC

Ho Chi Minh City recorded apartments with prices up to VND425 million ($17,000) per square meter in the first quarter of this year, according to property consultancy firm DKRA Group.

Real Estate - Wed, April 10, 2024 | 3:49 pm GTM+7

$174 mln tourist project in Binh Dinh province awaits investors

$174 mln tourist project in Binh Dinh province awaits investors

South-central Vietnam's coastal province of Binh Dinh has opened a VND4.35 trillion ($174 million) tourist project to bidding for investor selection.

Real Estate - Wed, April 10, 2024 | 10:12 am GTM+7

Keppel expands energy-as-a-service presence in Vietnam

Keppel expands energy-as-a-service presence in Vietnam

Singapore-headquartered conglomerate Keppel has reached an in-principle agreement with local firm KDI Holdings for the former to provide energy-as-a-service (EaaS) solutions to Libera Nha Trang, a major real estate complex in Vietnam's central province of Khanh Hoa.

Real Estate - Wed, April 10, 2024 | 9:43 am GTM+7

Real estate proves hard to find in Can Tho city

Real estate proves hard to find in Can Tho city

Despite being the central urban area of the Mekong Delta region, Can Tho city is facing a scarcity of real estate products this year, with only one project put up for sale in the first quarter.

Real Estate - Tue, April 9, 2024 | 10:19 am GTM+7

Vietnam property prices may rise on back of new rules: expert

Vietnam property prices may rise on back of new rules: expert

Property prices in Vietnam are set to climb next year when amended laws take effect, with improvements to the quantity and quality of projects reaching the market, said Le Bao Long, director of strategy at property website Batdongsan.com.vn, under Singaporean firm PropertyGuru.

Real Estate - Tue, April 9, 2024 | 7:03 am GTM+7

Central Vietnam province greenlights $280 mln Vietnam-Singapore industrial park

Central Vietnam province greenlights $280 mln Vietnam-Singapore industrial park

The Vietnam-Singapore Industrial Park JV Co. Ltd. (VSIP) received an in-principle nod from Thua Thien-Hue province Saturday to build a VND7 trillion ($280.4 million) VSIP industrial park.

Industrial real estate - Sat, April 6, 2024 | 8:08 pm GTM+7

Central province seeks investors for $48 mln urban area

Central province seeks investors for $48 mln urban area

The central province of Quang Binh is seeking investors for its VND1,200 billion ($48 million) Ly Trach New Urban Area Project in Bo Trach district.

Real Estate - Fri, April 5, 2024 | 5:27 pm GTM+7

Khanh Hoa real estate perks up after province makes plans

Khanh Hoa real estate perks up after province makes plans

An uptick in transactions as well as investors completing procedures for new projects indicate that the Khanh Hoa property market has responded positively to several schemes announced by provincial authorities.

Real Estate - Fri, April 5, 2024 | 8:53 am GTM+7

Vietnam resort real estate supply set to grow 20% in 2024: association

Vietnam resort real estate supply set to grow 20% in 2024: association

The supply of resort and tourism real estate in Vietnam is expected to rise by 20% this year from 2023, with a spotlight on beachfront apartments, forecast the Vietnam Association of Realtors (VARS).

Real Estate - Wed, April 3, 2024 | 9:47 am GTM+7

Mitsubishi restructures real estate investments in Vietnam

Mitsubishi restructures real estate investments in Vietnam

Mitsubishi Corporation, the trading arm of Japanese keiretsu Mitsubishi, has restructured its real estate investment portfolio in Vietnam.

Real Estate - Mon, April 1, 2024 | 3:34 pm GTM+7

Vietnamese realty player DIC Corp guns for profit, capital base spikes

Vietnamese realty player DIC Corp guns for profit, capital base spikes

Development Investment Construction JSC (DIC Corp), among the top real estate developers in Vietnam, targets to earn VND1.01 trillion ($40.7 million) in pre-tax profit this year, up 508.9% year-on-year.

Real Estate - Sun, March 31, 2024 | 3:16 pm GTM+7

HCMC sees no housing supply from new projects due to regulatory conditions

HCMC sees no housing supply from new projects due to regulatory conditions

Two real estate projects in Ho Chi Minh City failed to meet the regulatory conditions to mobilize capital in the first quarter of this year, worsening the lack of new properties on the market, said a representative of the municipal Department of Construction.

Real Estate - Sun, March 31, 2024 | 9:15 am GTM+7

PM joins groundbreaking ceremony for Sun Group’s $2 bln resort complex in Phu Quoc

PM joins groundbreaking ceremony for Sun Group’s $2 bln resort complex in Phu Quoc

Vietnamese Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for the VND50 trillion ($2 billion) Hon Thom marine tourism, resort and entertainment complex in Phu Quoc city off the southern province of Kien Giang on Saturday.

Real Estate - Sun, March 31, 2024 | 5:53 am GTM+7