Singapore investors eye Viet Nam's resort properties
(Feb 04, 2016)
At a two-day conference in Singapore last week, representatives of more
than 200 leading Singaporean real estate companies and investors evinced
interest in resort properties being developed by Sun Group.
The government's VND30 trillion property support package will continue to be implemented until June 1, an official from the central bank said.
Property developer MIK has begun to sell houses at its River Park
project in HCM City's District 9 at prices starting at VND2.7 billion
FLC Group's 18 – hole golf course was officially opened in the
south-central province of Binh Dinh on Saturday, after more than five
months of construction.
The construction ministry is drafting a circular about the
classification of apartment buildings, which is drawing mixed opinions
from both experts and developers.
Property brokers must pass examinations to get certificates to
practise, according to the Circular 11/2015/TT-BXD issued by the
Ministry of Construction recently.
The real estate sector reported a reduction of VND1.75 trillion
(USVND1,738,386 million) in inventory in January from last month to an
estimated value of VND49.1 trillion VND (VND48,906 billion).
Mergers and acquisitions (M&As) in the domestic real estate sector
are being favoured thanks to the recovery in the market, together with
several new policies.
Premier Village Phu Quoc Resort project recently introduced by Real Estate developer Sungroup is offering a wide range of investment opportunities in the luxury resort properties segment.
Viet Nam needs more drastic measures to boost housing development as the
country's rapid urbanisation coupled with a young population has made
it an urgent issue.
Archi Reenco Hoa Binh Joint Stock Co has launched the sale of its nine luxury villas in the northern Hoa Binh Province.