Danang housing and office market warms updinh dung By Dinh Dung - The Saigon Times Daily HCMC – Despite the current sluggish property market in the whole country, the housing and office leasing segments in Danang City have seen signs of warming up in recent months, according to a survey conducted by Savills Vietnam. The survey indicates the transaction volume of apartments in the central coast city as of late last month increased slightly from the first three months. Meanwhile, the villa segment in the city is also fairly stable with prices being offered for sale showing no substantial changes against early this year. It is said that appropriate marketing strategies and smooth construction progress have helped stabilize the trading situation of a number of projects amidst the tough market conditions now. One of the strategies is to launch promotions. For instance, the Hyatt Regency Danang Residence project these days has just launched a preferential program targeting homebuyers, … [Read more...] about Danang housing and office market warms up
House and land packages
The brand’s high quality has been recognised by increasingly savvy Vietnamese buyers ‘VinaLiving believes young buyers of mid-range townhouses today will be buyers of luxury products in the future. We will give them a quality product now and will be more than happy to deliver higher-end residences to them in the future. Our brand will grow alongside our clients.’ As one of the few developers in Vietnam that remains active in property market during the current slowdown, VinaCapital has proven its ability to weather downturns and continue to deliver projects to consumers. David Henry, VinaCapital’s managing director of Real Estate, talks about the launch of the VinaLiving brand and its role in the firm’s on-going residential projects. VinaCapital has marked a milestone in residential market growth by launching the VinaLiving brand. So how can VinaCapital, VinaProjects and VinaLiving work together in Vietnam? VinaLiving is a brand – not a company … [Read more...] about VinaLiving offers quality across the housing market
Buyers hunt land lots in Hanoi outskirtsThuy Ngan By Thuy Ngan - The Saigon Times Daily HANOI – Although many housing projects have recently offered their products for sale to cash in on the VND30-triliion home loan that has just started rolling and prices have declined, the apartment market in Hanoi is still quiet. Meanwhile, the segment of houses and land lots in the outskirts seems to heat up with a slight rise in transactions. Apartments ignored Right after the home loan package became effective, numerous apartments worth around VND1 billion have been launched. However, many homebuyers have decided to shift to buying houses and land lots in the Hanoi outskirts which are 10-20 kilometers from city’s center. One month after seeking apartments worth some VND1 billion per unit, Nguyen Le Nhung decided to find residential land lots. According to Nhung, a resident from Hai Duong Province, the quality of many condo projects is low such as lacking fire fighting systems, having … [Read more...] about Buyers hunt land lots in Hanoi outskirts
I. ECONOMY 1. Manufacturing: 1.1. Industrial manufacture: - Estimated value of industrial manufacture in 4/2009 is VND 6,405.5 billion (fixed price in 1994), up 1.4% against last month. The first four months reach VND 24,982.5 bil, achieving 27,2% of the plan and up 6,9% compared with the same period last year. a/ Central state industrial sector: Estimated value of industrial manufacture in 4/2009 is VND 674.9 billion, equal to 96.2% last month; the first four months reach 2,446.5 bil, achieving 25.4% of the plan, equal to 95.2% the same period last year. … [Read more...] about Socio-Economic Overview in April 2009 and the first four months of 2009; Some key tasks in May 2009.
A VND500 trillion ($20.1 billion) package is under consideration to be partially used to revive the local real estate sector, according to a recent conference. It includes a VND120 trillion ($5.75 billion) public investment package and a VND300 trillion ($14.41 billion) package of bank and official development assistance loans, according to the conference held to explore the revival of the real estate market held in Ho Chi Minh City by the Real Estate Association of Vietnam and Lao Dong newspaper. Vice Minister of Construction Nguyen Tran Nam told the conference that the government is stepping up public investment disbursements including the VND12 trillion package, VND3 trillion from government bonds, and VND17 trillion from other investment instruments. As planned in 2012, credit growth of about 15-16 percent is needed, but up to this point the rate has been negative. This means that in the remaining 7 months, the rate has to increase by 2-3 percent on average, or around VND300 … [Read more...] about $20 bln package under consideration to partially boost realty sector