CBRE VIETNAM PROVIDES ONE-STOP ASSET MANAGEMENT SERVICE EXCLUSIVE FOR ALPHA HILL TOWER
Alpha King and CBRE Vietnam on May 10 signed a contract under which the latter will provide one-stop asset management services exclusively tailored for phase two of Alpha Hill Tower B, one of Alpha King Real Estate JSC’s establishment located in District 1, Ho Chi Minh City.
DANANG ANNOUNCES SMART CITY PROJECT
Danang envisions transforming itself into a smart city in three stages with the total cost of about VND2.1 trillion ($91.3 million). Recently, the Danang People's Committee held a conference to announce the project of building a smart city in Danang in front about 200 experts, equipment suppliers, co-operation partners, and foreign partners.
LIKELY PROPERTY MEGATRENDS IN 2019
Vietnam’s real estate still grew within an acceptable level in 2018, according to industry insiders. Nearly 50% of property businesses believed that the real estate market fared slightly better than in 2017. So, how will the market perform in 2019?
GLOBAL REAL – INTERHOME AND LENNAR ATTRACT HOMEBUYERS FROM VIETNAM
Lennar is one of the biggest real estate developers in the US. Interhome and Lennar will organise a seminar with the theme “Sharing new views on the US real estate market” on March 23, 2019 in Ho Chi Minh City. This seminar will share information on high-quality property projects, as well as investment opportunities of owning and doing business in US-based properties.
SOCIAL HOUSING LENDING RATE PROPOSED TO BE LOWERED
This was highlighted in the association’s document recently submitted to the Government about its recommendations for completing social housing policies as Vietnam was developing a project on the 2021-30 comprehensive social housing policy in Vietnam.
REAL ESTATE TREND 2019 – 2020: OPPORTUNITY IN DIFFICULTY
The real estate market experienced a volatile year. The market was quite quiet in the second half of 2018; however, the overall picture of the 2018 market has many investors optimistic for 2019. According to experts, the market will likely encounter hardships in land fund, capital and administrative procedures, but investors will still find ample opportunities.
HAI PHONG TO BUILD 5-6 INDUSTRIAL PARKS
The northern city of Hai Phong houses 13 industrial parks with 449 projects and intends to build additional five to six others in the coming years. Head of the Hai Phong Economic Zone Management Board Pham Van Moi reported that the city will build five to six industrial parks in the coming time.
DEVELOPMENT TRENDS THAT WILL SHAPE PROPERTY MARKET IN 2019
The real estate market remains strong in 2019 since the economy continues to grow robustly and there is a lot of investment flowing into infrastructure, thus attracting both domestic and foreign investors.
