HCMC'S SLUGGISH OFFICE MARKET PROMPTS LANDLORDS TO TURN FLEXIBLE OVER PAYMENTS
The market witnessed a negative net absorption in the first nine months of 2020. Some 31% of major transactions collected and closed by CBRE were for contraction purposes, which is expected to continue becoming a trend until the end of this year.
HONGKONG LAND’S LUXURY CONDOMINIUM PROJECT SHINING WITH THREE 5-STAR AWARDS AT ASIA PACIFIC PROPERTY AWARDS 2020
Among the winners at the Asia-Pacific Property Awards 2020, The Marq is probably the project in Vietnam that is honoured in the most categories, including three prestigious 5-star awards.
REAL ESTATE DEVELOPERS INTERESTED IN EMERGING MARKETS
In HCM City, in the past two years, there have been no new projects completed. Apartment prices have been increasing sharply at an average of 5-7 per cent, even 10 per cent in some areas. In essence, investors will pour money into a market with good profitability and low prices.
QUANG YEN COASTAL ECONOMIC ZONE SET UP
Deputy Prime Minister Trinh Dinh Dung has signed a Decision on establishment of Quang Yen Coastal Economic Zone in the Northern province of Quang Ninh.
CITY GARDEN JSC PARTNERING WITH SWIRE PROPERTIES ON “THE RIVER” IN HO CHI MINH CITY
Located in the heart of the Thu Thiem new urban area – on Crescent Boulevard, Primary Ring Road – The River is a gated condominium development comprising three residential towers offering a total of 525 luxury apartments. Nestled on the Saigon River, this project boasts 100-meters of water frontage and sits adjacent to four hectares of lush riverside landscaped public park.
HCM CITY’S EPZS, IPS TO BE UPGRADED TO HI-TECH PARKS
Ho Chi Minh City’s Department of Planning and Architecture is preparing a plan to turn several industrial parks (IPs) and export processing zones (EPZs) into hi-tech industrial parks.
REAL ESTATE REPORTS HIGHEST NUMBER OF SUSPENDED FIRMS
The real estate sector saw the highest growth in the number of enterprises registering for a temporary suspension between January and August at 923 firms, skyrocketing by 136% year-on-year, due to the impact of the coronavirus pandemic.
DUNG QUAT EZ AND QUANG NGAI IPS: MANY OPPORTUNITIES TO ATTRACT INVESTMENT FROM EU
Endowed with diverse advantages coupled with an open investment environment, enabling policies, and friendly and open-minded authorities, Quang Ngai province has become an attractive destination for domestic and foreign businesses and investors. Dung Quat Economic Zone and industrial parks in the province play a vital role in promoting socioeconomic development and attracting investment into Quang Ngai province as well as the central key economic region.
