May 22, 2011
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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December 15, 2009
LookAtVietnam – Land valuation in downtown Hanoi will rise by as much as 21 percent next year, reaching the highest rate allowed in the country, officials said.Under a new proposal by the Hanoi People’s Committee, land in the city’s main commercial streets, such as Hang Ngang and Hang Dao in Hoan Kiem District, will have [...]
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December 13, 2009
Land valuation in downtown Hanoi will rise by as much as 21 percent next year, reaching the highest rate allowed in the country, officials said. Under a new proposal by the Hanoi Peopleâs Committee, land in the cityâs main commercial streets, such as Hang Ngang and Hang Dao in Hoan Kiem District, will have the [...]
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December 3, 2009
Land valuations in most parts of Ho Chi Minh City will remain unchanged next year as the city administration wants to create stable conditions to attract investment, officials say. Under a new proposal the HCMC Peopleâs Committee recently submitted a proposal to the city legislature, only 17 of 2,890 streets in the city will have [...]
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November 15, 2009
LookAtVietnam – Real estate in several areas of the capital city has seen 20-30 per cent increases in the last month.Those affected include newly incorporated areas in expanded Ha Noi such as Ha Dong, Tu Liem and Thanh Tri.Price of real estate in the areas was equal to or even higher than that in the [...]
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October 19, 2009
A new capital gains tax effective late last month has hit the Ho Chi Minh City property market hard, with many realtors reporting sharp declines in transactions. Nguyen Thanh Dat, director of Hung Hung Thinh Real Eastate Company, said the firm is selling about 1,000 land lots and 500 apartments at 100 residential projects in [...]
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October 12, 2009
A apartment block in Phu My Hung’s Sky Garden 2 Project. A land use tax conundrum has developed for many home buyers in Ho Chi Minh Cityâs Phu My Hung Urban Area. Those who purchased properties several years ago are being asked to pay tax on much higher evaluations because of the delay in receiving [...]
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July 8, 2009
Children play on a land lot at Phu Xuan residential project in Nha Be District Land prices have continued to rise over the last few weeks as investors pour more money into the recovering real estate market. Nguyen Anh Minh, general director of Hanoi-based Housing and Urban Development Financial Investment Corporation, told Dau Tu Chung [...]
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June 15, 2009
A man stands on Nguyen Van Dung Street in Ho Chi Minh Cityâs Go Vap District advertising apartments for sale at the Spendor Building in the district The price of land for construction projects in Ho Chi Minh City and Hanoi is climbing on the back of a rallying stock market, a HCMC-based financial expert [...]
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April 23, 2009
In HCMC, real estate developers are preparing with considerable fanfare to put a lot of ‘low-cost apartments’ on the market. However, low-income people will not be able to afford the apartments. The Le Thanh Real Estate Company has recently delivered to buyers 134 apartments, the first part of a 1154 unit high rise project that [...]
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