HCM City's German-owned building to be country's greenest
(Apr 27, 2015)
Deutsches Haus on HCM City's Le Duan Street will become the most
energy-efficient office building in Viet Nam when it is completed in
The Ministry of Construction has set a 10-15 per cent annual growth
target for exports of building materials so that they can reach
US$2-$2.5 billion by 2020 under a plan to develop the industry it has
submitted to the Government for approval.
Real estate will attract lucrative foreign direct investments in 2015
with the market recovering and Viet Nam set to join the Trans-Pacific
Partnership agreement and other free trade pacts.
The Ha Noi Department of Planning and Architecture yesterday unveiled a
15-year (2016-2030) development master plan for Me Linh District with a
total investment of VND220 trillion (US$10.37 billion).
Following a recent draft amendment to a Decree, investors might be
allowed to contribute capital to a real estate investment trust (REIT)
in the form of property assets, besides cash.
Urban planning experts and architects gathered on April 23 in HCM City
for a workshop on urban planning to adapt to climate change.
Goldman Sachs and the Qatar Investment Authority are reported to have
bid for Keangnam Hanoi Landmark Tower, the highest building in Viet
Nam's capital city whose value is estimated at more than US$1 billion,
according to the Korea Economic Daily.
The Ninh Van Bay Travel Real Estate Company is seeking partners to
jointly invest in the Six Senses Saigon River project in Dong Nai
Province, or to transfer the project to improve its financial situation.
Affordable housing that was recently launched in the southern Binh Duong
Province at a price of about VND100 million (US$4,630) per unit has
made low-income earners and workers more hopeful.
The disbursement of the VND30-trillion (US$1.38 billion) housing
stimulus package has been stagnant, despite the increase in the number
of successful transactions in the real estate market.
The Hong Hac Dai Lai Company on April 20 officially offered for sale,
42 forest villas at the Flamingo Dai Lai Resort in the northern Vinh
Phuc Province's Phuc Yen Town.