Court highlights Empire Group and Cocobay Danang for investigation
February 28, 2020 | 11:22
Danang People's Court has brought complaints and denunciations of Empire Group and its Cocobay Danang to the attention of Danang Public Security Department.
Homebuyers gather at Empire Group headquarters to claim condotels
February 15, 2020 | 09:00
Buyers of Cocobay Danang gathered at the headquarters of Empire Group, demanding the developer to either hand over units or terminates their contracts.
Cocobay calamity brings condotel pitfalls to fore
December 05, 2019 | 12:30
Condotel project Cocobay Danang – a tourism complex which features footballer Cristiano Ronaldo in its advertising – suffered a PR disaster last week as the developer reneged on its 12 per cent profit commitment, shedding doubt on the promises of other condotel schemes trying to attract second-home buyers with expectations of high profits. Ngoc Huong reports.
Fulfilling the potential of the risky condotel market
December 05, 2019 | 10:00
In light of the Cocobay Danang situation, in which contracts are not being honoured due to unrealistic expectations being placed on the condotel model, Mauro Gasparotti, director of Savills Hotels APAC, writes on his expectations of the condotel market in Vietnam, and what solutions could be found to ease the situation.
Mobile Version