Giant property developer Novaland Investment Group Corporation (NVL) said it had achieved its annual target with after-tax profit rising to nearly VND3.4 trillion.
Novaland Investment Group Corporation has reported steady growth and a significant increase in consolidated net revenues in the first three quarters of this year.
Real estate developer Novaland yesterday (Friday May 20) opened an
exhibition displaying information about its 30 projects at Sunrise City –
Central Towers in HCM City''s District 7.
Property experts predict that the market in trading parking lots in
apartment buildings will become red hot as a new circular issued by the
Ministry of Construction on managing and using apartment buildings comes
into effect on April 2.
In 2010-20, HCM City plans to spend VND250 trillion on developing
transport infrastructure. Of this, a whopping 70 per cent will be
allocated to the eastern region.
Thanks to its low investment cost and high returns of 8-12 per cent,
office-tel remains the most popular segment in the real estate market in
the last quarter of 2015.
Ms Lam Thi Hoa, a Vietnamese-American who has lived away from home for
over 20 years, said: "For a long time my husband and I really wished to
return to Viet Nam after retirement.