Fusion Suites Saigon opens in HCM City
(Jul 29, 2016)
Fusion Suites Saigon, the latest addition to the Fusion brand of Serenity Holding, opened in HCM City yesterday.
Making property information available to the public was critical
to improve the market's transparency but the information must be
adequate and accurate, experts said.
The state audit of Viet Nam has revealed the misuse of many social housing apartments in major cities.
The construction sector grew 8.8 per cent in gross domestic product
(GDP) for the first half of this year, the highest growth since 2010,
reported the Ministry of Construction during a conference in Ha Noi on
Thursday on tasks in the second half of this year.
Improving legal frameworks and incentives are critical to promote the
development of real estate investment trusts (REITs) in Viet Nam,
chairman of the first domestic REIT said.
Realty developer Sungroup will introduce models of villas and apartments of two ongoing projects on Phu Quoc Island in Ha Noi, and HCM City, on July 23 and July 24.
With two show houses, Phu My Hung Development Corporation on Saturday (16.7) launched a new project named Riverpark Premier.
Realty developer Sungroup launched model houses in its Sun Grand City Thuy Khue Residence in Tay Ho District, Ha Noi, on July 8.
The local apartment-for-sale market, which saw
positive developments in the first half of this year, is expected to
maintain growth till the end of 2016, experts said.
Many foreigners and Viet Kieu (overseas Vietnamese) are buying apartments in Viet Nam, especially in HCM City, according to market analysts.
Viet Nam should raise policies to encourage the development of
affordable rental housing in an effort to resolve the severe shortage of
housing for low-income earners, experts said.