Posts Tagged ‘ Apartments ’

No letup in tough times for property market 

August 14, 2011
No letup in tough times for property market 

  Government’s inflation fight will decide short-term future, analysts say Motorcyclists ride past a construction site in the suburbs of Ho Chi Minh City on August 8. For the first time in two years, land prices have gone down in Hanoi. Perhaps for the first time ever, developers are offering apartments in lieu of cash [...]

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Low-income housing illegally sold to speculators 

July 16, 2011
Low-income housing illegally sold to speculators 

  Tougher laws, stricter verification of criteria needed Homebuyers submit purchase applications at a low-cost housing project in Ha Dong District, Hanoi A number of illegal trading cases in low-income housing as well as registration fraud have been uncovered in the capital city, exposing policy shortcomings. It is evident that there are people purchasing the [...]

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Making affordable housing affordable 

May 22, 2011
Making affordable housing affordable 

  A construction expert talks about Vietnam’s need to create more low-income housing Apartment buildings in Ho Chi Minh City. Land prices must fall to make apartments available to low-income earners, a construction expert said. High land prices have driven up the cost of housing. In order to make apartments available to low-income earners, land [...]

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First illegal low-income housing trading case uncovered: report 

May 20, 2011
First illegal low-income housing trading case uncovered: report 

The Ngo Thi Nham Building, the first-ever low-income housing project in Hanoi Hanoi police said they have discovered the first case of illegal trading in low-cost housing, following reports that some apartments developed for the poor were offered to better-off buyers. News website VnExpress on Thursday reported that Cao Thi Loan was found to have [...]

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Rooms without views 

March 17, 2011
Rooms without views 

Workers at a construction site of an apartment project in Ho Chi Minh City Twenty-four-year-old Nguyen Thi Hoa lives in the slums of Kim Chung Commune in Hanoi’s Dong Anh District along with many other low-income workers from nearby industrial parks. The Hai Duong native moved to this place two years ago after getting a [...]

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Home ownership: for life or forever? 

February 25, 2011
Home ownership: for life or forever? 

A worker sweeps a street near an apartment building in Ho Chi Minh City’s District 2. A proposal by the Ministry of Construction to limit apartment ownership to fixed terms has divided officials and experts. Some say term ownership will help bring down home prices in Vietnam and help spur housing upgrades and the building [...]

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Hanoi property market changes as apartments are out and houses are in

February 4, 2010
Hanoi property market changes as apartments are out and houses are in

LookAtVietnam –  While apartments were the choice of many property buyers it appears tastes are changing and instead people are wanting street-fronted houses. After a long period of escalation, prices of apartments in Hanoi have been decreasing over the last two months, coming back to the original prices Investors had hoped that prices would increase pre-Tet [...]

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Bank keeps real estate on ice

January 31, 2010
Bank keeps real estate on ice

LookAtVietnam – The real estate market will remain stagnant if the State Bank maintains its tight monetary policy through the first half of this year, experts warn.However, this lull provides a good opportunity for people with real housing needs rather than speculators to buy properties, according to experts. Nguyen Son Trung, director of HCM City-based [...]

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Million dollar apartments selling well, claim developers

January 24, 2010
Million dollar apartments selling well, claim developers

Construction is ongoing at the Diamond Island project in Ho Chi Minh City’s District 2 Real estate developers in Vietnam’s Ho Chi Minh City say luxury penthouses and other apartments priced at millions of dollars are selling well. Nguyen Kim Son, director of sales and development at BTA Development Investments that invested in the Dao [...]

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MOF proposes three solutions for tax on houses

January 21, 2010
MOF proposes three solutions for tax on houses

LookAtVietnam – The Ministry of Finance still has not decided whether to tax houses or let them be exempt. As a result, it is collecting public opinion for the Housing Tax Bill before submitting it to the Government. Following previous times when they have put the housing tax plan on the table at National Assembly’s meetings [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...