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[2010-06-14] CCI breaks ground for building of low-income people
CCI breaks ground for building of low-income people
Listed Jun, 14, 2010)
The Hanh Phuc apartment blocks for meager-income persons had its ground breaking ceremony on June 12. The Construction Corporation No. 1 under the Ministry of Construction held the ceremony to begin building the block A and D of the Hanh Phuc residential block project for low-income people at the High way 50 in Ho Chi Minh City’s district Binh Chanh. Two 12,000 meter squared blocks will have 22 floors and a basemen... |
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[2010-06-14] Property sales in Canada expected to slow in some parts of the country as interest
Property sales in Canada expected to slow in some parts of the country as interest rates rise
Listed Jun, 14, 2010)
The Canadian Real Estate Association has lowered its forecast for residential property sales after a weaker than expected start to the year in British Columbia and recent developments that pulled forward the timing as to when sales are expected to ease in other provinces. CREA’s previous national forecast was heavily influenced by British Columbia and Ontario forecast trend... |
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[2010-06-11] Banks ease interest rates to attract more borrowers
Banks ease interest rates to attract more borrowers
Listed Jun, 11, 2010)
A lot of commercial banks have launched new lending programs, offering to lend with preferential interest rates to expand their credit. An Binh Bank announced its preferential loan program applied to enterprises of Top VNR 500 (the top 500 enterprises with the biggest annual revenue), under which each can borrow up to 500 billion dong. Rates Decrease Nguyen Trung Kien, Deputy General Director of An Binh Bank, explained ... |
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[2010-06-11] Speculators getting bogged down in land trade deals in Ba Vi district
Speculators getting bogged down in land trade deals in Ba Vi district
Listed Jun, 11, 2010)
The sharp price decrease of land in Ba Vi district has made many land speculators suffer. Just one month ago, price of land in the outlying district of Ba Vi skyrocketed every day. The rumour that a new national administration centre would be located in Ba Vi District made people think the price of land there would increase sharply. They believed that if they purchased land right at that moment, they ... |
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[2010-06-11] Increasing numbers of wealthy overseas students seeking upmarket rental property in
Increasing numbers of wealthy overseas students seeking upmarket rental property in London
Listed Jun, 11, 2010)
Overseas student coming to study in London have accommodation budgets of up to £1,000 per week and could prove to be a rich source of business for the upmarket buy to let property sector, it is claimed. Specialist West End estate agency, LDG, has noticed a trend for overseas students coming to study in London with increasingly high accommodation budgets. This, coupled with t... |
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[2010-06-11] Door to be opened wider to Viet Kieu house buyers
Door to be opened wider to Viet Kieu house buyers
Listed Jun, 11, 2010)
The Ministry of Construction is hoping a proposed regulation will spur property purchases by members of the overseas Vietnamese community. Minister of Construction, Nguyen Hong Quan, recently submitted a proposal to the Prime Minister to amend existing regulations governing Viet Kieu land purchases. According to the proposal, Viet Kieu who will be eligible to buy property include Viet Kieu who have invested under the Law o... |
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[2010-06-11] Da Nang: Coastal real estate market bustling
Da Nang: Coastal real estate market bustling
Listed Jun, 11, 2010)
After a long period of quiet, the Da Nang real estate market has become bustling again, with the land in coastal areas in particular being hunted by investors. The central city of Da Nang is now a place where many real estate developers are choosing to develop tourism real estate projects. Beach Resort is one such project, covering an area of 260 hectares near Ngu Hanh Son Mountain. The expansive project includes one golf cour... |
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[2010-06-09] Future of commercial property market in face of European wide austerity measures to
Future of commercial property market in face of European wide austerity measures to be discussed
(Listed Jun, 09, 2010)
With the new UK coalition government warning of tough times ahead for the country’s public sector and the overall economic outlook in Europe still uncertain, the future of the commerical property market will be analysed at a major conference in London in September. Some of the best minds in the property business will discuss the developments shaping tomorrow’s mar... |
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[2010-06-09] Ha Noi land-price bubble expands
Ha Noi land-price bubble expands
(Listed Jun, 09, 2010)
Former Minister of Natural Resources and Environment Dang Hung Vo spoke to Nong thon Ngay nay (Countryside Today) newspaper about speculation in Ha Noi’s outlying district of Ba Vi. Land prices in the outskirts of Ha Noi, especially to the west of the city, have skyrocketed over the last few months. What is your assessment of the situation? My understanding is that urban planning associated with the expansion of Ha Noi, a process wh... |
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[2010-06-09] Draft master plan for capital prompts speculation in bits of property
Draft master plan for capital prompts speculation in bits of property
(Listed Jun, 09, 2010)
Khai’s monthly salary can feed his family, but it can’t make them rich. “If I want to become rich, therefore, I have to make investments,” says the officer of an information company in Hanoi’s Hoang Mai District. Khai has many investment projects. He has traded in gold, stocks and foreign currencies, and now he trades in land. Having experienced ups and downs, Khai has... |
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[2010-06-09] ACHR supports housing project for the poor
ACHR supports housing project for the poor
(Listed Jun, 09, 2010)
The Asian Coalition for Housing Rights (ACHR) and the Association of Cities of Vietnam will join efforts to carry out a community housing project for poor urban people in the central city of Vinh. The project will benefit 102 poor people who are living in a residential area which was built in Cua Nam Ward, Vinh, in 1974, and is now seriously dilapidated and vulnerable to environmental pollution, especially during the rainy sea... |
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[2010-06-09] Credit contract signed for expanding Highway No.51
Credit contract signed for expanding Highway No.51
(Listed Jun, 09, 2010)
A signing ceremony for a project to expend the Highway No.51, km0+900 - km73+600 section, was held by the Bien Hoa – Vung Tau Expressway Development Joint Stock Company (BVEC) yesterday. The project has a total investment of over VND 3.3 trillion (US$ 175 million) of which 27.84% comes from the investors’ capital and the remaining 72.16% from loans given by six banks including the BIDV, the Vietnam Export I... |
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[2010-06-04] HCM City to build new parks
HCM City to build new parks
(Listed Jun, 04, 2010)
CM City is seeking bids to build six new parks this year and expanded several existing ones, according to the City Department of Transport’s Park Management Division. The new parks include a 250-ha park in District 12, the Vinh Loc Lake Park in Binh Chanh District, the city’s new Zoo and Botanical Garden in District 9 and a park in Thanh Da Peninsula in Binh Thanh District. The department will expand the Phu Nhuan District-based Gi... |
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[2010-06-04] Vietnam Architecture Exhibition 2010 opens in HCM
Vietnam Architecture Exhibition 2010 opens in HCM
(Listed Jun, 04, 2010)
Vietnam Architecture Exhibition 2010- VietArc 2010 opened at the Saigon Exhibition and Convention Centre in HCM City on June 3, drawing 120 participants involved in architecture, building materials, construction technology and real estate. A majority of the businesses registered for at the exhibition are architectural firms from Vietnam, the US, the UK, the Netherlands, Germany, Australia, Spain, France, Japan, the Republ... |
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[2010-06-04] Ha Noi master plan under scrutiny
Ha Noi master plan under scrutiny
(Listed Jun, 04, 2010)
National Assembly deputies yesterday, June 2, heard a Government report on Ha Noi’s master plan for development until 2030 with a vision to 2050 - a document that has presented a number of thorny problems to developers and city planners alike. Presenting the master plan, Minister of Construction Nguyen Hong Quan said that as forecast in project development, the GDP growth rate of Ha Noi would be approximately 8 per cent between 20... |
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