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Vietnam’s status as one of world’s most livable countries brings real estate opportunities

March 17, 2023 by vir.com.vn

The expat community is often made up of fascinating, knowledgeable, and talented individuals. They choose to become expats and move to another country due to job requirements, a desire for freedom, adventure, or a love for the culture, lifestyle, and people of that country. In recent years, Vietnam has become an ideal destination. Many people choose Vietnam for the opportunities to develop their talents, increase their income, and get a stable life. Simultaneously, strong economic integration has also led to an increase in the number of foreign experts sent to Vietnam by international companies and corporations. Combined, these factors have contributed to the blossoming expat community in major cities such as Hanoi and Ho Chi Minh. The expat community is often categorised as a high-income group. They have experienced all sorts of high-class living spaces before, which explains their strict requirements for the home. In Hanoi, Tay Ho is a popular destination for the elite … [Read more...] about Vietnam’s status as one of world’s most livable countries brings real estate opportunities

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Singapore’s CapitaLand in talks to buy Vietnam property assets from Vinhomes – sources

March 18, 2023 by e.vnexpress.net

A deal of that size would mark one of the largest real estate transactions in Southeast Asia in the last few years. Discussions between CapitaLand, majority owned by Singapore state investor Temasek Holdings, and Vinhomes, which has a market value of $8 billion - have taken place for some projects owned by Vinhomes, four sources told Reuters . Vinhomes, Vietnam's biggest real estate developer by market capitalization, is part of Vingroup (VIC.HM), the country's largest conglomerate. One of the sources said CapitaLand is considering buying part of Vinhomes' Ocean Park 3 project, a 294-hectare resort city style development near the Vietnamese capital city of Hanoi, or another project in the northern city of Hai Phong. The value of the deal was still being negotiated, the person said, adding the talks reached advanced stage. The sources declined to be identified due to the sensitivity of the matter. When contacted by Reuters , CapitaLand Development did not directly … [Read more...] about Singapore’s CapitaLand in talks to buy Vietnam property assets from Vinhomes – sources

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CapitaLand negotiates to buy $1.5 billion of assets from Vinhomes

March 20, 2023 by vir.com.vn

Vinhomes is a part of Vingroup, the country's largest conglomerate, and is the biggest real estate developer in Vietnam with a capitalised value of $8 billion as of March 17. The above-mentioned source said CapitaLand is considering buying part of Vinhomes' Ocean Park 3 project, a 294-hectare resort city-style development near the Vietnamese capital city of Hanoi, and another project in the northern city of Haiphong. CapitaLand Group's CapitaLand Development (CLD) is now developing residential projects, including luxury condominiums, in four cities in Vietnam. When contacted by Reuters, CLD’s representatives did not directly comment on any potential deal with Vinhomes, but said, "Vietnam is one of CLD's core markets. We constantly evaluate investment opportunities to grow our presence in the country." CLD (Vietnam) oversees and grows CLD’s investment and development business in Vietnam, one of CLD’s core markets where it has built an extensive presence over 29 years. CLD's … [Read more...] about CapitaLand negotiates to buy $1.5 billion of assets from Vinhomes

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Expat community a force reshaping Vietnamese real estate

March 18, 2023 by e.vnexpress.net

Vietnam was the seventh best destination in the world for expats, according to the 2022 Expat Insider survey by InterNations, which threw up opportunities for the country's real estate. 84% of expats in Vietnam said they are happy with their lives compared to a global rate of 71%. Several factors have contributed to the blossoming of expat communities in major cities such as Hanoi and Ho Chi Minh. Many people choose Vietnam for the opportunities it offers to develop their talents, increase their incomes and achieve a stable life. Strong economic integration has also led to an increase in the number of foreign experts sent to Vietnam by international corporations. The expat community is often categorized as a high-income group. They have experience of all kinds of high-class living spaces, which clearly explains the strict requirements they have for their homes. Like successful young Vietnamese, they place a strong emphasis on criteria such as diverse facilities, spacious … [Read more...] about Expat community a force reshaping Vietnamese real estate

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