Steadily growing tourism, increasing frequency of non-stop international flights to the island, and the reasonable price of vacation real estates are making Phu Quoc an attractive destination for domestic and foreign investors looking for a second home. RELATED CONTENTS: Sun Group’s Phu Quoc portfolio cemented on Singaporean radars Sun Group’s Phu Quoc portfolio commands Singaporean investors’ attention Sun Group’s new apartments see overwhelming launch results Sun Group to launch Phu Quoc projects with a bang Sun Group’s projects breathe new life to south Phu Quoc Sun Group’s Euro Village properties sell like hotcakes Sun Group’s Phu Quoc paradise sees resounding success on first sales A hotbed for capital International hotel operator JW Marriot has just revealed an upcoming establishment in Phu Quoc that would rock the Asian hospitality sector. The hotel is developed by Sun Group and architect Bill Bensley, who … [Read more...] about South Phu Quoc a magnet for real estate investment
North south real estate
What to Expect from Vietnam Real Estate in 2014? It is expected, without being said, that the new year will bring much joy and prosperity for the real estate market of Vietnam. It is hoped that further change compared with the previous year will take place, despite of the fact that even the boldest statement assumes that a recovery can only come in the second half of this year. Positive signs Positive signs have emerged since the end of last year, in both the South and the North. According to the price of real estate transactions in the apartment segment announced by the Hanoi Department of Construction, the price of a number of areas on the capital rose slightly in the fourth quarter of 2013 compared with the previous quarter, indicating that the decline from 2012 shows signs of stopping. In Ho Chi Minh City, the real estate inventory of the following quarter decreased compared to the previous quarter, transaction also follows an upward direction. According to many experts, … [Read more...] about What to Expect from Vietnam Real Estate in 2014?
Real Estate Market in Oct - Dec: Unpredictable The Vietnamese real estate market was quiet in the first nine months of 2011 and market participants are now waiting for new opportunities, Dr Tran Kim Chung, a specialist at the Central Institute for Economic Management (CIEM), said at the seminar on "Vietnam Real Estate Market: Difficulties and Opportunities" held by the Vietnam Network for Real Estate Transaction Centres in the North in coordination with the Housing and Real Estate Market Department under the Ministry of Construction, and the Vietnam Real Estate Association. Some capital flows are being pumped into the market while a certain amount of capital is being withdrawn from the market. Hence, it is quite difficult to anticipate the market trends in the last three months of 2011. A big change in 2012 is unlikely. The expert added that the real estate market will wait for more signals from market driving signals in 2012. But, the outlook may be more positive. Firstly, the … [Read more...] about Real Estate Market in Oct – Dec: Unpredictable
New Real Estate Investors Emerged Six or seven months ago when prices of apartments and ground in Hanoi was escalating, I saw great disappointment in some friends of mine who were real estate managers. Being insiders, they anticipated the freezing status for the long run when there were only few successful transactions. At the year end, asked some for information for my writing, they were all indifferent. Some were quitting their jobs, while others chose to take long Tet holidays. However, despite the dismal outlook, real estate trading centres are only the middle-men who can either keep or release their property. In this circumstance, it was project owners who suffered. Behind “big sales” I still remembered my meeting with Mr Nguyen Do Viet, Deputy Manager of Song Da Thang Long Joint Stock Company (STL) in Nang Sai Gon coffee shop in Nguyen Chi Thanh Street, Hanoi on May 25th 2011. He was excited to tell me that the promotional programme offering business centre … [Read more...] about New Real Estate Investors Emerged
Success from Real Estate Investment & Operation The investment and operations of real estate projects are core business fields of VINACONEX after it went public, said Mr Doan Chau Phong, deputy general director of VINACONEX. Vietnamese and foreign investors as well as the public have known VINACONEX as a leading builder of civil, industrial and infrastructural projects in Vietnam and in foreign nations. In recent years, VINACONEX is also known as a developer and operator of large-scaled and high-quality real estate projects. Giant projects The Trung Hoa-Nhan Chinh new urban zone in Hanoi City is the first and largest urban project of VINACONEX, a project usually seen in developed nations. With a total area covering on over 25 hectares, the Trung Hoa-Nhan Chinh new urban zone is a potential quarter for commercial activities as it is designed to support around 15,000 people. According to the design of the city, the Trung Hoa-Nhan Chinh new urban zone is one of the core … [Read more...] about Success from Real Estate Investment & Operation