Real Estate
Singaporeans join VN real estate venture
Singapore real estate groups have signed co-operation agreements with Vietnamese partners to promote investment in the real estate market of Viet Nam.
CapitaLand Limited, through its wholly owned subsidiary CapitaLand (Viet Nam) Holdings, on Thursday signed for the first time a joint venture agreement with Vietnamese partner No Va Land Investment Group Corporation to develop a 9,000-square- metre residential site, worth US$40 million, in HCM...
$930m to build Vietnam Finance Centre in HCM City
Berjaya Land Berhad, investor of Vietnam Financial Centre (VFC), after more than two and a half years of receiving investment licence, on late October 27 announced to carry out the project.
VFC with an investment of $930 million will be built on a site of 6.8 hectares in HCM City’s dist 10. The centre will be a complex with five 39-48 storey towers including three office towers, two five-star hotels and trade centre.
Nguyen Hoai Nam, Berjaya...
Property market quiet, developers rush to slash sale prices
Launching promotion campaigns, slashing sale prices, extending the payment deadline, fixing the sale prices in Vietnam dong instead of the dollar are the measures being taken by real estate developers, who are trying to warm up the frozen market.
Slashing prices to boost sale
The higher dollar has made the real estate market, which has been gloomy for a long time, even less attractive. The real estate trading floors in Cau Giay, Thanh Xuan and...
ITA halts implementing Hai Au Island project
Kien Giang province People’s Committee has lately approved the proposal submitted by Tan Tao Industrial Investment Joint Stock Co (coded ITA) to halt the implementation process of Hai Au artificial island project in Rach Gia City and the high-class industrial zone and urban area in Kien Luong Dist. At the same time, the local authority approved for ITA to conduct necessary procedures for adjusting Nam Du deep-water seaport project.
The information...
Wave of realty project transfer begins
Project transfer is really a normal thing in the real estate market. However, the realty project transfer wave has never been so strong as these days.
Analysts said that a lot of real estate investors have become exhausted or tired of their projects after a long period of struggling with difficulties. The real estate market has been quiet for a long time, while commercial banks have restricted the loans to the real estate sector. As the result,...
Work on Hong Phuc Resort starts
Vietsopetro Joint Venture Company held groundbreaking ceremony of five star resort Hong Phuc on October 20 in Phuoc Thuan commune, Xuyen Moc Dist, Ba Ria-Vung Tau with total cost of one trillion dong.
The work covers nearly 12 hectares, including over 2.8 ones of beach, the rest for hotel, resort with 205 rooms, and conference room with 500 to 800 seatsing capacity, spa, sport area, restaurant…
Petroleum Industrial & Civil Construction Joint...
Sale of condos in Khuat Duy Tien Road
The Construction Joint Stock Co No 1 (Vinaconex 1 – coded VC1) has developed to sell condos project Duy Tien Road this week
Located at the centre place of Cau Giay Dist and Thanh Xuan Dist, on the Belt Road No 3, the work has two basements for parking and five buildings’ with height of 22 to 27 storeys, one five storey building. The work includes parking place, information systems, public works such as swimming pool, sport hall that covers...
New resorts introduced to public
The Archi Land Vietnam Group Joint Stock Co, under Archi Group officially introduced to public a chain of three resort projects of Green Villas 4, Lam Son Resort and Bella Resort on October 22, 2010.
In details, Green Villas 4 included 35 villas, part of Green Villas chain project sited near Provincial Road No 84 and other tourism sites in Ba Vi National Park.
Lam Son Resort was sited in Lam Son Commune, Hoa Binh, in total area of 66 hectares,...
Over 1,000 high-end apartments in Trung Hoa Nhan Chinh to be introduced
Golden Gain Vietnam Joint Stock Co, a member company under Hoa Phat Group, was the main investor of Mandarin Garden Complex project. The company was preparing for introducing the apartment model to public as soon as the contractor finishes construction on the foundation part of the complex.
The project includes 1,008 high-class apartments to be sited in Trung Hoa-Nhan CHinh area, Hanoi. The company planned to start building the basement parts...