tan hoang minh wins bid for 68m project

Tan Hoang Minh wins bid for $68m project

Domestic developer Tan Hoang Minh has announced that it will be taking control of a more than 3,000 square metre site in Ho Chi Minh City’s Le Duan street.
keangnam lost round two of court case

Keangnam lost round two of court case

South Korea’s Keangnam Vina, the developer of Vietnam’s tallest building -  Keangnam Landmark Tower in Hanoi, has lost its latest court battle with residents of the tower.
tenants seek fund ahead of tower sale

Tenants seek fund ahead of tower sale

Residents of Keangnam Hanoi Landmark Tower are anxiously calling for the maintenance fund of VND160 billion ($7.6 million) to be handed back in case this fund is lost during the building’s sale.
land delay for long son complex near resolution

Land delay for Long Son complex near resolution

The Ba Ria-Vung Tau Provincial People’s Committee last week made a commitment to transfer cleared land to the developer of the $4.5 billion Long Son petrochemical complex within this  month.
developers take a chance on depressed assets

Developers take a chance on depressed assets

Homebuyers in the Usilk City development are still waiting to move into their properties years after the supposed completion deadline as developers Song Da Thang Long ran out of funds.
inpyung beheads daewoo cleve apartment blocks

Inpyung beheads Daewoo Cleve apartment blocks

Korean property developer Inpyung has decapitated apartment blocks in its Daewoo Cleve development in Hanoi’s Hadong district due to construction and sales difficulties.
capital suffers office for lease redundancy

Capital suffers office for lease redundancy

  Hanoi’s office-for-lease market faces potentially large inventories since the Lotte Hanoi Centre opened.
cbre report hails home sales in south as confidence rises

CBRE report hails home sales in south as confidence rises

Vietnam’s southern economic hub Ho Chi Minh City has seen an uptrend in residential sales in the first nine months of this year.
positive spin on second half sales

Positive spin on second half sales

Property experts are issuing positive predictions for the second half of the year, claiming that a recovery in the real estate sector is in the cards.
apartment market sees green shoots of recovery

Apartment market sees green shoots of recovery

Both the Ho Chi Minh City and Hanoi apartment markets have seen an uptrend through the first half of the year.
office market more competitive as new supplies cut rental rates

Office market more competitive as new supplies cut rental rates

After relatively good quarterly figures, the office market in Hanoi and Ho Chi Minh City is becoming much more competitive with the entry of new supply. According to CBRE Vietnam, asking rents in Hanoi continued to decrease across the market, achieving an average of $21.8 per square metre per month.
concerns remain over real estate law

Concerns remain over real estate law

Many concerns still remain despite the debate on the new Real Estate Business bill held in National Assembly last week
villas and land plot sales competing with apartments

Villas and land plot sales competing with apartments

While apartment sales continue along a downward trend, developers of land plots and villas are hoping to attract buyers by reducing their prices.
real estate market posts nationwide upswing

Real estate market posts nationwide upswing

The Ministry of Construction has claimed there are signs of recovery throughout the real estate market.
successful leased offices still rely on basic values

Successful leased offices still rely on basic values

Office for lease landlords in Hanoi should find the right balance between their buildings and the tenants that they are trying to target, instead of just finding ways to increase occupancy and rental.