Investors urged to take chance on underground potential

Investors urged to take chance on underground potential

Soft ground levels, complex underground pipework, frequent flooding, and lack of incentives are all hindering investors from jumping into underground real estate development and construction in Ho Chi Minh City, despite promising prospects in some areas.
Authorities give long-awaited nod to huge property projects

Authorities give long-awaited nod to huge property projects

Two long-delayed property ventures in the south and south-central regions of Vietnam have finally been given the go-ahead by authorities.
“Cities within cities” becoming more prevalent across Vietnam

“Cities within cities” becoming more prevalent across Vietnam

Property developers are increasing their interest in integrated large-scale projects and megacities, with the trend continuing to dominate the residential markets of Hanoi, Ho Chi Minh City, and neighbouring provinces.
Thu Thiem auction lures international developers

Thu Thiem auction lures international developers

The announcement of an auction for 55 land plots in Thu Thiem New Urban Area in District 2 of Ho Chi Minh City is expected to ­encourage foreign developers through the wide land area offered, the transparent conditions, and the low risks.
City adjusts planning for Thu Thiem resettlement areas

City adjusts planning for Thu Thiem resettlement areas

The HCM City administration has asked the Department of Planning and Architecture to work with agencies to propose adjustments to resettlement areas in the Thu Thiem new urban area.
PM Phuc ordered HCM City authorities to quickly settle Thu Thiem’s protracted land disputes

PM Phuc ordered HCM City authorities to quickly settle Thu Thiem’s protracted land disputes

Prime Minister Nguyen Xuan Phuc ordered HCM City authorities related agencies to quickly settle the growing land disputes involving the new urban area of Thu Thiem.
City meets with residents to discuss Thu Thiem site clearance dispute

City meets with residents to discuss Thu Thiem site clearance dispute

As many as 50 residents in HCM City’s District 2 aired their grievances at a meeting held yesterday to discuss land reclamation and site clearance compensation for households that must move to make way for continued construction of the Thu Thiem new urban area in the district.
Nine golden land plots at Thu Thiem New Urban Area aim foreign investment

Nine golden land plots at Thu Thiem New Urban Area aim foreign investment

Ho Chi Minh City will auction nine land plots in Thu Thiem urban area to lure more foreign investment to the already bustling real estate scene.
City to auction prime land plots in Thu Thiem new urban area

City to auction prime land plots in Thu Thiem new urban area

Ho Chi Minh City People’s Committee Chairman Nguyen Thanh Phong has approved a plan to auction the right to use nine so-called “golden” land plots in Thu Thiem new urban area in District 2 with total starting price of VND27 trillion ($1.18 billion).