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Over 1,000 social houses to be built in northern Hanoi

Over 1,000 social houses to be built in northern Hanoi

As many as 1,030 apartments will be available in 2021 for low-income people at the price of 8 million VND (343 USD) per square metres in Thanh Lam-Dai Thinh 2 new urban area in Me Linh district, Hanoi city.

More foreigners buying apartments in Ho Chi Minh City

More foreigners buying apartments in Ho Chi Minh City

More foreigners are buying apartments and investing in real estate in Vietnam, especially in Ho Chi Minh City, with most of them coming from mainland China, Japan, Singapore and the Republic of Korea.

Laguna Lang Co to receive casino add-on by 2021

Laguna Lang Co to receive casino add-on by 2021

Once the casino project under Laguna Lang Co integrated complex is approved, the investor plans to develop and take the casino into operation by 2021 with 500 electronic gaming machines and 50 card shufflers. These figures will increase four times by 2029.

Vietnamese firm builds housing project in US

Vietnamese firm builds housing project in US

HQC USA LLC, a member of Vietnamese property developer Hoang Quan Group, recently held a groundbreaking ceremony for a US$40 million mixed-use development project at Tacoma city, Washington.

Construction Ministry approves small apartments

Construction Ministry approves small apartments

The Ministry of Construction (MoC) has allowed the Dat Lanh Real Estate Company to temporarily apply the minimum areas of 25 sq.m for its commercial apartments. However, the apartments should still ensure enough functional space for living.

Low cost housing demand very large in HCM City

Low cost housing demand very large in HCM City

HCM City Real Estate Association (HoREA) forecast that the needs of affordable housing, low cost commercial, social housing and low cost apartments for lease will approximate 1 million apartments in the next decade as current supply has met only 13% as of total demand in the city.

HCM City aims for sustainable realty market

HCM City aims for sustainable realty market

Vice Chairman of the Ho Chi Minh City People’s Committee Le Van Khoa asked relevant departments to improve management and take measures to tackle factors that could create the conditions for a property market bubble.

Vietnam needs more cheap housing: VNREA

Vietnam needs more cheap housing: VNREA

he local real estate market has recovered but the State should provide policies to develop small and cheap apartments due to increasing demand, according to the Vietnam Real Estate Association (VNREA).

Ministry of Construction says property market steady

Ministry of Construction says property market steady

There is an abundant supply of housing, prices are steady, lending to developers and home buyers is increasing, and bad debts are low, according to a quarterly report issued by the Ministry of Construction in September.

Hanoians snapping up Danang property

Hanoians snapping up Danang property

Research by real estate services provider Savills Vietnam published recently showed that more than 80% of people who bought a second home in the central city of Danang are from Hanoi.

Hanoi launches “red book” crackdown

Hanoi launches "red book" crackdown

The Hanoi Department of Natural Resources and Environment has decided to crack down on investors who delay the issuance of land use certificates, known as "red books", to home buyers.

Vietnam needs 200,000 social housing units by 2020

Demand for social housing units in the 2016-2020 period is estimated at 200,000 units if the demand for 2012-2015 (700,000 units) can be met by the end of this year, according to the Ministry of Construction (MoC).

US$550 mln tourism, residential project restarts

Dubai property developer Limitless will this year restart its Halong Star mixed-use residential and tourism project in the northern province of Quang Ninh, which was delayed for several years due to the company’s financial difficulties.