REAL ESTATE SEES A RISE OF M&A DEALS
The Vietnamese real estate market has seen large-scale investments over the year’s first four months, with a surge of substantial merger and acquisition deals and funding into projects.
REAL ESTATE MARKET IS ‘FRAGILE’, COULD LEAD TO ANOTHER BUBBLE, EXPERTS SAY
Land fever in Phu Quoc, Long An, Nhon Trach and HCM City, a lack of houses for low income earners, and an oversupply of high-end apartments are the main features of today’s real estate market.
BIEN HOA INDUSTRIAL PARK TO CLOSE
The People’s Committee of Dong Nai Province gave approval for Sonadezi, an industrial zone development company, to implement the project. The Bien Hoa I Industrial Zone has 80 businesses, 40 of which have a land-lease contract until 2051.
$10M IT PARK TO BE BUILT IN BÌNH ĐỊNH
The TMA Bình Định IT Park will be built at an estimated cost of US$10 million at the Quy Hòa science and education urban area in Quy Nhơn City, the central coastal province of Bình Định, chairman of TMA Solutions Nguyễn Hữu Lệ said.
HO CHI MINH CITY ASKED TO DOUBLE HOUSING OWNERSHIP PERIOD FOR FOREIGNERS
China-based real estate heavyweight E-House Holdings Limited proposed the Ho Chi Minh City People’s Committee to permit foreigners to own homes in the city for up to 100 years from the current 50.
HANOI’S CONDO MARKET ATTRACTS FLOW OF FOREIGN CAPITAL
According to experts, Vietnam’s real estate market will continue to charm foreign investors thanks to high liquidity and alluring profit-making prospects. The latest report by CBRE, a leading real estate advisory firm, showed that a total of 8,800 new condos were put on sale in Hanoi’s realty market over the first quarter this year, 6,600 units of which have already found buyers.
PROPERTY MARKET REMAINS ATTRACTIVE TO INVESTORS
The real estate market continues to be attractive to investors, but the level of competition would be much higher this year and the following years. This was heard at the Vietnamese business forum: voices of property companies in the 2018-19 period held in Ha Noi on Wednesday. The forum was under the award ceremony of c.
REAL ESTATE LOANS REMAIN HIGH IN SOME BANKS
Real estate lending continued to remain high at more than 10 per cent of the total outstanding loans in several banks. Online news portal Bizlive.vn reported that the top five banks recording a high proportion of real estate lending by the end of last year were Sacombank, 17.6 per cent; Techcombank, 12.6 per cent; LienVietPostBank, 11.6 per cent; Kienlongbank, 10.1 per cent and VPBank, 8.5 per cent.
