The Hanoitimes - Hanoi`s property market was bolstered by high economic growth and fresh FDI inflows, mostly from Japan. Hanoi’s real estate market lures foreign capital Foreign investment in Vietnam’s real estate rising: CBRE Foreign investment fuels industrial real estate in Vietnam Hanoi’s real estate market performed well in the last three months of 2018 with significant growth in all segments including retail space, offices, apartments, and villas, according to a report by Savills Vietnam. Part of Hanoi. Photo: Asiantoday The good growth of the property market was thanked to the country’s GDP growth rate of 7.1% in 2018, bolstered by robust manufacturing and exports and the strong expansion of the service sector, said the report. The national retail sales of goods increased 12% on year to US$145 billion in 2018. Notably, registered foreign direct investment (FDI) to Hanoi was US$7.5 billion with 29% from Japanese … [Read more...] about Hanoi real estate market ends up 2018 with bright picture
Hanoi real estate market
Hanoi real estate market ends up 2018 brightening picture of good performances
The Hanoitimes - Hanoi`s property market was bolstered by high economic growth and fresh FDI inflows, mostly from Japan. Foreign investment fuels industrial real estate in Vietnam Foreign investment in Vietnam’s real estate rising: CBRE Hanoi’s real estate market lures foreign capital Hanoi’s real estate market performed well in the last three months of 2018 with significant growth in all segments including retail space, offices, apartments, and villas, according to a report by Savills Vietnam. Part of Hanoi. Photo: Asiantoday The good growth of the property market was thanked to the country’s GDP growth rate of 7.1% in 2018, bolstered by robust manufacturing and exports and the strong expansion of the service sector, said the report. The national retail sales of goods increased 12% on year to US$145 billion in 2018. Notably, registered foreign direct investment (FDI) to Hanoi was US$7.5 billion with 29% from Japanese … [Read more...] about Hanoi real estate market ends up 2018 brightening picture of good performances
Trillion-dong takeover deals heat up Hanoi real estate market
VietNamNet Bridge - Many incapable investors had to give up their projects as they could not survive the frozen market of the last few years. Now is the right time for financially powerful investors to take over these projects at reasonable prices. The capital city urban development plan, under which Hanoi would expand towards the West, prompted investors to inject money into real estate projects in the area, especially when Hanoi expanded in 2008. Hundreds of projects, large and small, apartments and villas, were kicked off in the west of the city in 2008-2009. Now is the right time for financially powerful investors to take over these projects at reasonable prices. However, the hot development of the western area has forced many investors give up the game because of the lack of financial capability. As a result, many projects have been left unfinished, while people cannot move to the area because of the lack of infrastructure. Sudico started its Nam An Khanh project a long … [Read more...] about Trillion-dong takeover deals heat up Hanoi real estate market
Rumors rouse Hanoi real estate market
Rumors have pushed up land prices in Hanoi recently, including areas with poor infrastructure and much pollution, such as Thanh Tri and Hoang Mai districts. The rush to buy property has been caused by the news that some places, such as Tu Liem Suburban District, are to be separated into two districts - a legal distinction that requires areas with full district status to have higher development standards. However, the local authority had announced the plan three years ago, though it has yet to be implemented. False rumors have also been spread that Thanh Tri Suburban District to be upgraded to a district and Van Dien Cemetery will be removed. The land prices in Thanh Tri, considered the city's wastewater center combined with Van Dien Cemetery and other polluting industrial units, were previously much lower than other places in Hanoi. However, since mid- September, land prices at Ngoc Hoi, Tu Hiep, Ngu Hiep, and Ta Thanh Oai Communes and Van Dien town have risen quickly. Areas … [Read more...] about Rumors rouse Hanoi real estate market
Hanoi real estate market ‘active’ in Q2: report
UK real estate service provider Savills reported an active property market in Hanoi in the last quarter. The My Dinh New Urban Area in Hanoi's Tu Liem Dicstrict … [Read more...] about Hanoi real estate market ‘active’ in Q2: report