condotel

Condotel sales at their lowest level in six years in Q1

Tuesday, May 14, 2024

The condotel market is facing liquidity issues, with sales at their lowest level in six years in the first quarter of the year.

Condotel market dip to continue until 2025: insiders

Monday, Aug 07, 2023

The condotel market remains in a slump due to excess inventory, and industry insiders warn it will not recover at least until 2025.

Condotels, officetels to get ownership certificates

Friday, Apr 07, 2023

The regulation about granting ownership certificate for condotels and officetels was expected to tackle the legal bottlenecks for enterprises and individuals investing in these properties which had been existing for nearly a decade.

Condotel market faces gloomy prospects

Saturday, Aug 01, 2020

The condotel market has faced a gloomy period due to low absorption rate while inventory has been on the rise, experts said.

Ministry proposes not to allow conversion of condotel into residential projects

Saturday, Jul 18, 2020

The Ministry of Public Security has proposed not granting ownership certificates to allow condotels, tourist villas and officetels to be turned into residential projects.

More regulations needed to promote condotel market development

Saturday, Feb 29, 2020

More detailed regulations were needed to promote a healthy development of the condotel market which had been going off-track for years due to the unclear legal framework, experts have said.

Owners of Cocobay Da Nang condotels propose solution to profit problem

Monday, Jan 06, 2020

Many owners of units at the Cocobay Da Nang condotel project have proposed to convert profits owed by Thanh Do Company into land or houses at Cocobay.

Condotels: risky yet promising property segment

Wednesday, Dec 18, 2019

Investment in condotels remains appealing despite defaults in profit commitments by property developers, but a clear legal framework is needed to protect investors’ rights, according to experts.

Condotel property market in urgent need of new regulations, standards

Sunday, Dec 01, 2019

A legal framework covering condotel properties is urgently needed to protect the rights of both developers and buyers and to ensure sustainable development.

MoC: rules for condotels, officetels coming this year

Saturday, Jun 08, 2019

Many businesses in the country have invested in these property products, despite the lack of a specific legal framework for condotels, officetels and resort villas.

Vingroup launches 4 new Vinpearl hotels

Saturday, Sep 15, 2018

Vinpearl Joint Stock Company, a member of property developer Vingroup, on September 15 officially launched four international standard five-star Vinpearl Hotels in Hue, Quang Binh, Thanh Hoa and Lang Son, increasing the number of Vinpearl units to 27.

Bamboo Capital sign condotel and villa deal

Monday, Aug 06, 2018

Indochina Hoi An Beach Villas Company Limited, a subsidiary of Bamboo Capital JSC, has signed agreements with local and international companies for designing, building, construction supervision, financing, distribution, and others at its Malibu MGM Hoi An condotel and villas in...