MORE AFFORDABLE HIGH-QUALITY OFFICE IN 2016
[05-04-2016] No more Grade A building will enter the office market later in 2016, according to CBRE Vietnam. At its April 5 press conference reviewing the first quarter of Hanoi’s property market and provide forecasts for 2016, CBRE expected that approximately 290,000 square metres would come on stream throughout the year.
US$1.3BN HOUSING STIMULUS TO BE EXTENDED
[04-04-2016] Prime Minister Nguyen Tan Dung has approved the State Bank of Vi?t Nam's (SBV) proposal to extend the VNÐ30 trillion (US$1.3 billion) housing stimulus package until disbursement of all associated funds is completed. Dung asked the central bank to complete disbursement of the stimulus package with a preferential interest rate, instead of closing it on June 1.
M&AS PAVE WAY FOR PROJECTS
[05-04-2016] Real estate developers are raising their land funds via mergers and acquisitions as well as stock purchases, instead of conducting land clearances and compensation, which often take time and money. According to Alex Crane, general director of Cushman & Wakefield Vietnam, foreign developers in particular are using mergers and acquisitions (M&As) and buying stakes to raise land funds.
NATIONAL ASSEMBLY BACKS DOWNSIZING IZS, EZS
[28-03-2016] The National Assembly (NA) on March 21 gave the nod to a Government proposal to downsize industrial zones (IZs), economic zones (EZs) and some infrastructure projects from now to 2020.
AMENDED CIRCULAR 36: POTENTIAL IMPACTS ON PROPERTY MARKET
[17-03-2016] Whether Vietnam will squeeze its credit valve for the real estate market or not is the biggest question of real estate investors after the draft revision of Circular 36 of the State Bank of Vietnam (SBV) was announced.
PHU QUOC CONDOTELS WARMING UP THE MARKET
[18-03-2016] Condotels in Phu Quoc are becoming increasingly attractive to foreign investors because of their location in one of the hottest tourism destinations of Vietnam as well as the prestigious developers behind them.
NEW URBAN BUILDING PLAN NEEDED
[09-03-2016] Urban development statistics in Viet Nam show a relatively bright picture, especially in Ha Noi and HCM City. But there is already a price to pay for burgeoning development: urban social infrastructure overload. To transform new urban areas into a sustainably developed and livable environment,mechanisms, policies and implementation must be changed.
LESS RISKS WON'T HARM PROPERTY MARKET: SBV
[08-03-2016] The amendments to Circular No 36 are meant to urge commercial banks to strengthen the risk management of lending activities, rather than tighten the credit sources for the real estate sector, said Pham Huyen Anh, Deputy Chief Inspector of the State Bank of Viet Nam.
