Property

Property Realty meet set for next month in Hanoi By Van Ly Thursday,  Aug 16, 2018,17:16 (GMT+7) Realty meet set for next month in HanoiBy Van Ly HANOI - Vietnam’s International Real Estate Conference (IREC 2018) will be held at the National Convention Center in Hanoi to promote the local property market. The three-day event, starting on September 5, is expected to attract hundreds of international visitors. The fourth edition of the event was announced at a meeting held on August 15. It will be co-organized by the Vietnam National Real Estate Association (VNREA) and the National Association of Realtors (NAR), said Nguyen Tran Nam, president of VNREA and head of the organizing committee. This is the first time NAR has chosen Vietnam to host IREC. The previous editions of the event were held in the Philippines (2015), South Korea (2016) and Thailand (2017). The event will include many sessions, such as a comprehensive meeting … [Read more...] about Realty meet set for next month in Hanoi

Vincom Plaza Tran Phu is located in the four ground floors of the complex of five star hotels and luxury apartments Vinpearl Condotel Beachfront. — Photo courtesy of Vingroup Real estate developer Vingroup on Wednesday launched its third Vincom commercial centre in the coastal city of Nha Trang, Vincom Plaza Tran Phu, increasing the company’s number of trade centres to 57. Vincom Plaza Tran Phu is located in the four ground floors of the complex of five star hotels and luxury apartments Vinpearl Condotel Beachfront, just two minutes’ walk from the beach. Thousands of customers are eager to experience Vincom Plaza Trần Phú in the opening day. — Photo courtesy of Vingroup The commercial centre will house a number of leading domestic and international brands in fashion such as Levi’s, Giordano, Ecco, Adidas, Nike, MaxxSport, PNJ and Paris&France. The trade centre also features restaurants such as King BBQ, HongDae BBQ & Beer, Pizzito, … [Read more...] about 3rd Vincom centre in Nha Trang opens

An artist’s impression of Q2 THAO DIEN residential project in HCM City’s District 2. — VNS Photo G Homes House Development JSC in collaboration with Unicons Investment Construction Co Ltd have broken ground for Q2 THAO DIEN, a residential development in HCM City’s District 2. G Homes, the project’s developer, is a joint venture in which Singapore’s developer Frasers Property Limited and An Duong Thao Dien Real Estate Trading Investment JSC are partners. Q2 THAO DIEN, situated in Thao Dien Ward, will comprise a 32-storey tower with 315 apartments, 15 shop houses and 12 townhouses besides six villas. Nguyen Gia Bao, a member of the board of director of G Homes, and chairman of An Duong Thao Dien, said: “The highlights of this project are its favourable location at the centre of the up-and-coming Thao Dien Ward, the innovative architectural capability of Singapore’s leading consulting team and wonderful features such as an unblocked … [Read more...] about Construction of condo-villa project Q2 THAO DIEN begins

Property No loopholes for condotels: HoREA By Le Anh Tuesday,  Aug 14, 2018,17:03 (GMT+7) No loopholes for condotels: HoREABy Le Anh An artist’s impression of a property project in the central coastal city of Danang – PHOTO: TL HCMC - The HCMC Real Estate Association (HoREA) has written to the Ministry of Natural Resources and Environment and the Ministry of Construction dismissing as baseless the concern of investors over legal loopholes in the condotel segment. According to condotel investors, these projects can help generate significant profits as their prices are equivalent to those of high-end apartments, while construction costs and land use fees are lower. Condotel developers often pledge an annual profit of 8-12% within eight to 12 years after the projects’ completion. In addition, those who purchase condotels are promised long-term ownership certificates, which is not covered in the current Land Law. … [Read more...] about No loopholes for condotels: HoREA

Property Residential project begins construction in HCMC The Saigon Times Daily Tuesday,  Aug 14, 2018,16:51 (GMT+7) Residential project begins construction in HCMCThe Saigon Times Daily An artist's impression of Q2 Thao Dien - PHOTO: UNICONS HCMC – Unicons Investment Construction Co. and G Homes House Development JSC, a joint venture of Frasers Property Limited and An Duong Thao Dien Real Estate Trading Investment JSC, have broken ground on a residential and commercial mixed development project in HCMC. The Q2 Thao Dien project will comprise a 32-storey tower, with 315 apartments, sitting atop a six-storey podium, with 15 shop houses, a floor for facilities and car parking. The project will also house six villas and 12 townhouses. Nguyen Gia Bao, a member of the board of directors of G Homes House Development JSC and chairman of An Duong Thao Dien, said that the highlights of the project are its location at the center … [Read more...] about Residential project begins construction in HCMC