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Thursday, May 17,2012,15:24 (GMT+7)
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VietArc 2012 to showcase green architecture
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Tuesday, May 15,2012,23:34 (GMT+7) |
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HCMC – The green design will continue to be the theme of the Vietnam Architecture 2012 Exhibition (VietArc 2012) which will take place in HCMC next month after the one in Hanoi last month. |
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City gets tough on slow-moving resettlement projects
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Tuesday, May 15,2012,23:33 (GMT+7) |
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HCMC – The HCMC government is weighing revoking licenses of long-delayed resettlement projects, which causes a shortage in resettlement housing fund and slowing down the site clearance process in Thu Thiem New Urban Area in District 2. |
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Realty Credit Remains A Challenge
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Tuesday, May 15,2012,14:04 (GMT+7) |
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Despite a capital surplus and falling interest rates, economic agents’ access to credit, especially in the realty sector, remains woefully limited |
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Indochina Land wins five int’l awards
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Monday, May 14,2012,23:11 (GMT+7) |
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HCMC - Indochina Land, a real estate division of Indochina Capital, announced on Sunday to have won five international awards for its outstanding design and development of several property projects in Vietnam. |
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Developers and buyers snub low-cost condos
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Monday, May 14,2012,23:10 (GMT+7) |
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HANOI – Developers are indifferent to housing projects for low-income people and factory workers due to capital shortages and slow capital recovery while buyers are not keen on low-cost homes for insufficient infrastructure. |
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Hanoi’s office leasing market bounces back
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Saturday, May 12,2012,05:19 (GMT+7) |
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HANOI - The office leasing market in Hanoi has seen a strong rebound, especially in the Grade A segment where the occupancy rate in the first quarter shot up to 71%, an increase of 8 percentage points on the previous quarter, according to the property market research firm Savills. |
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Housing absorption rate remains low
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Thursday, May 10,2012,22:03 (GMT+7) |
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HANOI – The property market will see signs of recovery if policy changes are flexible, interest rates are stable and more capital flows into liquid market segments, according to a foreign property firm. However, some property market segments are grappling with price cuts, low absorption and oversupply. |
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Land rent collection should be split up
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Tuesday, May 8,2012,21:41 (GMT+7) |
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HCMC – Land rents should be raised as long-term sources of revenue rather than collected all at once, as mentioned in a draft scheme for the HCMC property market development compiled by the municipal department of construction. |
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Retail space supply seen ample in near term
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Monday, May 7,2012,22:07 (GMT+7) |
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HCMC - Realty consulting firms forecast HCMC will see ample retail area supply in the next three years due to the presence of numerous new projects or near-completion ones in the city. Despite the gloomy outlook of the property sector, developers are still completing their ongoing projects or starting up new ones that have been idle for years. |
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Property firms more cautious in business plans
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Thursday, May 3,2012,21:57 (GMT+7) |
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HCMC – The decline in business results and persistent tough conditions have made property firms become cautious of this year’s business targets by narrowing down their operations to survive instead of expanding like before. |
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