overload caution sounded out over condotel switch

Overload caution sounded out over condotel switch

More than 3,700 tourist apartments, which are part of the Times Square Danang complex, were converted into apartments by Danang People’s Committee in May, and are now causing concern about infrastructure overload both there and at future conversions.
revenue sharing going some way to ease condotel status

Revenue sharing going some way to ease condotel status

The real estate market for resort villas and condos is showing signs of short-term recovery from a difficult period due to low liquidity.
property related risks in vietnam decreasing

Property-related risks in Vietnam decreasing

Although the risks associated with Vietnam's struggling real estate market have diminished, Fitch Ratings has warned that the country could still be vulnerable to external shocks.
foreign investors flock to vietnams real estate market

Foreign investors flock to Vietnam's real estate market

Vietnam's real estate sector has emerged as a highly desirable destination for international investors, ranking second only to the manufacturing and processing industry, with over 1,100 projects amounting to $66.4 billion of foreign investment.
supply shortages remain in industrial property frame

Supply shortages remain in industrial property frame

New supply in the industrial real estate market will slow in the second half due to the influence of legal procedures as well as a decrease in demand from the manufacturing industries.
cement sector faces bleak prospects

Cement sector faces bleak prospects

According to the Ministry of Construction (MoC), the production and consumption volumes of several major building materials saw a sharp decline in the first half of this year, with cement, in particular, experiencing a considerable decline.
industrial expansions help record stronger absorption

Industrial expansions help record stronger absorption

The industrial estate market was a bright spot in Vietnam in the first half of 2023 with a positive absorption rate in industrial land, ready-built factories, and warehouses both north and south.
expectations not yet met in real estate fdi

Expectations not yet met in real estate FDI

Although foreign direct investment into real estate reached just over $502 million in the first half of the year, down 43 per cent from 2022, it is still forecast to return to growth in the second half.
significant real estate deals remain on shelf

Significant real estate deals remain on shelf

While the demand for real estate deals is rising, legal tussles and low liquidity mean genuine transactions remain limited for now.
international investment continues to flow into vietnamese real estate

International investment continues to flow into Vietnamese real estate

During the first six months of 2023, foreign direct investment inflows concentrated primarily on industrial real estate and a few large ventures.
foundations being laid for 2024 real estate rejuvenation

Foundations being laid for 2024 real estate rejuvenation

Although the real estate market has not yet overcome the current downturn, it is hoped recent government policies are gradually removing difficulties to open up more opportunities for developers, investors, and home buyers over the next few years.
vietnamese real estate heavyweights novaland and hung thinh receive government support

Vietnamese real estate heavyweights Novaland and Hung Thinh receive government support

Major Vietnamese property developers Novaland and Hung Thinh are receiving strategic governmental support to untangle the regulatory complexities with their ambitious projects situated in Dong Nai and Binh Thuan, according to an announcement made by Deputy Minister of Construction Nguyen Tuong Van.
positive developments in the real estate market

Positive developments in the real estate market

The SBV has received 24 social housing initiative applications for a $5 billion loan package in six provinces, including 15 social housing projects in the provinces of Bac Giang, Tra Vinh, and Tay Ninh, and nine projects in the provinces of Binh Dinh, Phu Tho, and Ba Ria-Vung Tau.
real estate status puts paid to investment sharing apps

Real estate status puts paid to investment sharing apps

Previously grasping the psychology of investors who do not have enough financial capacity to invest a large amount in real estate, many applications to share investment in a property have all but disappeared from the market.
real estate tokenisation risks must be accounted for

Real estate tokenisation risks must be accounted for

While real estate tokenisation offers advantages, it also presents potential risks. De-tokenisation is an important concept which affects the ability of the token to hold its value. It is the litmus test for token holders to validate the legal structure by exercising their rights to redeem the underlying title deed anytime.