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Saigon commercial rents up 5.8 percent

Saigon commercial rents up 5.8 percent

Average monthly rents for retail space in Saigon`s central business district (CBD) reached $135.5 per square meter in Q3, up 5.8 percent year-on-year.

Trade war heats up Vietnam’s realty market

Trade war heats up Vietnam’s realty market

Foreign firms usually apply the ‘China+1’ model, which means that they build a facility in China and then look for a new destination to become an intermediary location or to serve as a target for expansion and relocation in the future.

Most of Hanoi’s condo projects launched in western area: CBRE

Most of Hanoi’s condo projects launched in western area: CBRE

Western area was the major supplier of condominium projects in the capital city of Hanoi, accounting for 77 percent of the total new units in the second quarter, said CBRE Vietnam, a provider of commercial real estate services, at a meeting in Hanoi on October 9.

Ministry urges strengthening of anti-money laundering in realty

Ministry urges strengthening of anti-money laundering in realty

The Ministry of Construction has recently requested the Departments of Construction in cities and provinces to urge enterprises in the real estate sector to report suspicious transactions and cash transactions worth 300 million VND (13,000 USD) and above.

Vietnam benefits from firms’ moving out of China

Vietnam benefits from firms’ moving out of China

Vietnam, boasting complete infrastructure, abundant industrial property on offer and a line-up of inked free trade pacts, is an attractive destination for world’s leading corporations, who are shifting production out of China due to high costs, said real estate consulting company CBRE Vietnam.

Shophouse demand soars in HCM City

Shophouse demand soars in HCM City

Demand for shophouses is soaring in Ho Chi Minh City with the mushrooming of small service establishments, experts said.

Vietnam emerged as hot new market for luxury property: Bloomberg

Vietnam emerged as hot new market for luxury property: Bloomberg

Vietnam’s status as one of the fastest-growing economies has spurred overseas investors to target the nation’s real estate, alongside a rapidly growing cohort of well-heeled domestic buyers, eager to put hard currency into property, Bloomberg reported.