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

Vietnam real estate: big room for foreign businesses: Savills

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

Vietnam a rising star in Asia-Pacific real estate: Savills

Vietnam a rising star in Asia-Pacific real estate: Savills

Despite facing a host of difficulties, Vietnam and its real estate market still saw growing interest from foreign investors in the fourth quarter of 2023, according to property consultancy firm Savills’ Asia-Pacific Investment Quarterly (APIQ) Q4/2023 report.

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 standout country in Southeast Asia for luxury retail: Savills

Vietnam standout country in Southeast Asia for luxury retail: Savills

Vietnam, along with Singapore and Thailand, is viewed as a standout country in Southeast Asia for luxury retail, according to Nick Bradstreet, head of Asia-Pacific Retail at Savills.

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

Middle-class demand drives retail rental market in HCMC

Middle-class demand drives retail rental market in HCMC

Demand from the growing middle-class is providing support to the stability of the retail rental market in Ho Chi Minh City amidst the challenges faced by the real estate sector, Savills Vietnam said in a note.

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

International tourism in Vietnam to start full recovery next year: Savills

International tourism in Vietnam to start full recovery next year: Savills

Vietnam’s tourism market is recovering and “full recovery is expected from 2024,” says Troy Griffiths, deputy managing director of property consultancy Savills Vietnam.

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

FLC tower in Hanoi renamed as The West

FLC tower in Hanoi renamed as The West

Vietnamese property trading firm Gateway Hanoi, the new owner of a prime office tower at 265 Cau Giay street in Hanoi, has renamed the high-rise building The West.

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

HCMC becomes Asia Pacific’s sixth most expensive office rental city

HCMC becomes Asia Pacific’s sixth most expensive office rental city

Ho Chi Minh City has become the sixth most expensive city in Asia Pacific to lease premium office space, according to a new study by property services firm Knight Frank.

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

FDI firm solution for Vietnam property developers: Savills

FDI firm solution for Vietnam property developers: Savills

Vietnam keeps luring foreign direct investment thanks to its bright economic outlook, making FDI a reliable capital source for local real estate developers, Savills Vietnam said Tuesday.

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

HCMC hotel room rates surge 50% in Q3

HCMC hotel room rates surge 50% in Q3

Ho Chi Minh City’s hotel room rates in the third quarter of the year increased by 50% compared to last year as business activities have resumed, according to Savills Vietnam.

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

Vietnam’s global integration drives robust logistics growth

Vietnam’s global integration drives robust logistics growth

Vietnam’s efforts to deeply penetrate the global value chain and success in luring supply chain businesses are driving robust logistics industry growth and making it more attractive.

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

Vietnam a low-risk, attractive destination for investors: Savills

Vietnam a low-risk, attractive destination for investors: Savills

Vietnam, on a competitive basis versus China, other parts of Southeast Asia or India, offers a relative low-risk environment to do business, according to top Savills executives.

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

Southern industrial land rentals reach new peak

Southern industrial land rentals reach new peak

Industrial land rentals in southern Vietnam have reached a new record high as demand surges amid a new wave of foreign direct investment, according to consultancy firms.

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

Danang resort real estate back on track

Danang resort real estate back on track

After over two years of depression, Danang’s hospitality sector will bounce back quickly as international flights resume, says Matthew Powell, Director of property consultant Savills Hanoi.

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