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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Manufacturing investments bolster Vietnam's real estate performance
Despite the global economic slowdown, Vietnam's real estate performance remains robust with significant appeal for foreign manufacturing investors, property services firm Savills said in its Asia Pacific Investment Quarterly Report.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s efforts to move up global value chain pay off: Savills
Vietnam’s efforts to move up the global value chain are bearing fruit with opportunities arising from the U.S.-China trade war that broke out in 2018, says a new Savills Vietnam report.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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