January 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
Tags: &ndash, affected, And Service Apartments, believe, Chi minh, Chi minh city, construction, countries, Country, crisis, developers, Developers Who Are, developing, development, downturn, Each Country, Foreign, Foreign investors, global, Ho Chi, Ho Chi Minh, Ho Chi Minh City, housing, Housing Project, interest, Interest rates, investors, Keppel, Keppel Land, Last year, Linson Lim, Long Term View, long-term, longer, Longer Term, Longer Term View, market, markets, Minh city, Other countries, phase, project, projects, property, Property Developers, Property Developers Should, Property Market, Property Market Was, Public Private, rates, recovery, return, Safety Awareness, second, Second Phase, Service Apartments, Singapore, Social, Social Housing, Social Housing Project, Some Time, Term View, Than 20, The city, The country, The Downturn, The global, The market, The project, The Property, The Property Market, The Property Market Was, The Residents, The second, The Second Phase, think, This year, Vietnam, We Believe, When The Property, When The Property Market
Posted in News | Comments Off
January 25, 2012
Property projects under construction seen from a high-rise building in downtown Ho Chi Minh City Many companies in Vietnam were dealt a harsh blow by the real estate market slump last year. Singapore property developer Keppel Land, though not completely untouched, has weathered the downturn well. Linson Lim, President of Keppel Land Vietnam, is [...]
Tags: &ndash, affected, And Service Apartments, believe, Chi minh, Chi minh city, construction, countries, Country, crisis, developers, Developers Who Are, developing, development, downturn, Each Country, Foreign, Foreign investors, global, Ho Chi, Ho Chi Minh, Ho Chi Minh City, housing, Housing Project, interest, Interest rates, investors, Keppel, Keppel Land, Last year, Linson Lim, Long Term View, long-term, longer, Longer Term, Longer Term View, market, markets, Minh city, Other countries, phase, project, projects, property, Property Developers, Property Developers Should, Property Market, Property Market Was, Public Private, rates, recovery, return, Safety Awareness, second, Second Phase, Service Apartments, Singapore, Social, Social Housing, Social Housing Project, Some Time, Term View, Than 20, The city, The country, The Downturn, The global, The market, The project, The Property, The Property Market, The Property Market Was, The Residents, The second, The Second Phase, think, This year, Vietnam, We Believe, When The Property, When The Property Market
Posted in Reports | Comments Off
January 15, 2012
Ho Chi Minh City as seen from the rooftop of a downtown building. Property prices are expected to fall in the next six months. Developers are still pessimistic about market conditions but some experts believe investors should not rule out real estate just yet. Economist Dinh The Hien said the government is expected to [...]
Tags: About Market, banks, Chi minh, Chi minh city, companies, developers, Emerging Markets, estate, For Long Term, For Long Term Investors, Ho Chi, Ho Chi Minh, Ho Chi Minh City, In The Top, In The Top Five, interest, Interest rates, investors, Long Term Investors, long-term, market, markets, Minh city, prices, property, Property Market, Property Prices, Property Prices Are, rates, real-estate, Report:, Term Investors, The first, The market, The Market And, The ministry, The Property, The Property Market, The Top, The Top Five, The year, Top Five, Vietnam
Posted in Business | Comments Off
January 2, 2012
 An apartment project in Hanoi. Many buyers in Vietnam are adopting a wait-and-see approach, hoping prices would slump further. Vietnam’s real estate market is in a funk so bad that several drops in prices have not brought any cheer to buyers. According to the Ho Chi Minh City Real Estate Association, with home prices [...]
Tags: 2012 Rdquo, And See Approach, And See Approach Hoping, Approach Hoping, Approach Hoping Prices, Approach Hoping Prices Would, Association, buyers, developers, estate, Estate Market, further, Hanoi, He Said Ldquo, Home Prices, Hoping Prices, Hoping Prices Would, In 2012 Rdquo, Ldquo, Many Buyers, market, percent, price, Price cuts, prices, property, Property Market, Rdquo, Real Demand, Real Estate Market, real-estate, Said ldquo, See Approach, See Approach Hoping, See Approach Hoping Prices, slump, Thanh, Thanh nien, The association, The market, The Real, The Real Estate, The Real Estate Market, Told thanh, Told thanh nien, Vietnam, Wait And See, Wait And See Approach
Posted in Business | Comments Off
December 12, 2011
The long slump has caused a shakeout in the Vietnamese property market. Developers with deep pockets have been coping, others have not been so lucky. It is an inevitable rule in any market, Guy Major, national director of residential sales at Savills Vietnam, tells Thanh Nien Weekly in an exclusive interview, and forecasts a [...]
Tags: An Inevitable Rule, And Offering Reasonable, Any Market, buyers, construction, Construction Quality, Construction Quality And, customers, Deep Discounts, Deep Pockets, developers, Developers With Strong, Developers With Strong Financial, Discount, Discounts, Do You Think, downward, Downward Trend, facilities, financial, Guy Major, In Any Market, In The Market, In The Property, In The Property Market, Inevitable, Inevitable Rule, Infrastructure And Facilities, Liquidity, long-term, Many Developers, market, Market Developers, Market Liquidity, Next Year, Nien Weekly, offer, Offering Reasonable, others, Payment Terms, price, prices, Product Mix, projects, property, Property Developers, Property Market, quality, reasonable, sales, Savills, Selling Prices, strategy, strong, Strong Financial, terms, Thanh, Thanh nien, Thanh Nien Weekly, The Cost, The market, The Market Has, The Property, The Property Market, To The Bottom, trend, weekly, With Deep Pockets, With Strong Financial, You Think
Posted in Reports | Comments Off
November 19, 2011
A worker walking a bicycle loaded with construction steel on his way to a construction site in Hanoi The frozen property market and high interest rates have pushed steel producers into the red and some even face the risk of shutting down their business. Pham Chi Cuong, chairman of the Vietnam Steel Association, said [...]
Tags: 000 Tons, 70 Percent, Association, Bank loans, companies, construction, Construction Steel, Cuong, Deal With The, expected, firms, Foreign, Foreign Currencies, General, General director, High interest, High Interest Rates, His Firm, industry, Industry And Trade, Industry Insiders, interest, Interest rates, Last year, Last Year According, Ldquo, loans, losses, makers, market, million, Million tons, Of Industry And, Of Industry And Trade, Of The Vietnam, Of The Vietnam Steel, Per Ton, percent, production, products, property, Property Market, rates, Rdquo, Said His Firm, sales, steel, Steel Association, Steel Billet, Steel Billet And, Steel Firms, Steel Makers, Steel Makers Are, Steel Products, Thanh nien, The association, The Association The, The Difficulties, The Property, The Property Market, The vietnam, The Vietnam Steel, The Vietnam Steel Association, This year, To The Association, To The Association The, Vietnam, Vietnam Steel, Vietnam Steel Association, Year According
Posted in Business | Comments Off
November 5, 2011
Ocean Group Joint-Stock Co., a Vietnamese real-estate and financial company, reduced its 2011 pretax profit target by 54 percent as a slump in the property market hurt its business. The Hanoi-based company lowered pretax profit target this year to VND380 billion (US$18 million) from its earlier forecast of VND825 billion, Chairman Ha Van Tham [...]
Tags: 15 Percent, 25 Percent, 54 Percent, First Three, First Three Quarters, group, In The First, In The First Three, Ldquo, market, Ocean, Ocean Group, percent, Pretax Profit, Pretax Profit Target, profit, Profit Target, property, Property Market, Rdquo, Said ldquo, target, The first, The First Three, The First Three Quarters, This year, Three Quarters, Vietnam
Posted in Business | Comments Off
October 21, 2011
Visitors look at models of residential towers of a real estate development project during an exhibition on construction and property held in Hanoi. Vietnam’s property market has “slowed down” as higher interest rates made it difficult for potential buyers to finance purchases, said CapitaLand Ltd., Southeast Asia’s biggest property developer. The nation’s inflation rate in [...]
Tags: Capitaland, Chi minh, Chi minh city, Down Rdquo, Ho Chi, Ho Chi Minh, Ho Chi Minh City, inflation, Ldquo, market, Minh city, percent, potential, Potential Buyers, property, Property Market, rates, Rdquo, Rdquo Yip, Rdquo Yip Said, Said Last, Slowed Down Rdquo, The highest, The vietnamese, This year, Vietnam, Vietnam Property
Posted in Business | Comments Off
October 8, 2011
Four years after a real estate boom that saw investors camp out on the streets waiting to pay cash for unbuilt apartments, Vietnam’s once-hot property market has caught a chill. High inflation and interest rates along with a government-imposed credit squeeze have led to a fall in prices and other incentives to entice residential [...]
Tags: 20 Percent, analysts, caught, Chi minh, Chi minh city, credit, Credit Squeeze, economic, Economic growth, estate, Government, growth, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Hot Property, Hot Property Market, In The City, inflation, interest, Interest rates, Jones Lang, Jones Lang Lasalle, Lang Lasalle, Ldquo, Ldquo Obviously, market, Minh city, offering, Office, Office Space, On The Market, Once Hot Property, Once Hot Property Market, Own Home, Per Square, Per Square Meter, percent, prices, property, Property Market, rates, Rdquo, real-estate, really, Really Really, rents, residential, Said ldquo, Space, Square Meter, The city, The Downturn, The government, The market, Their own, Trung, Vietnam, Wallace, We Cannot
Posted in Business | Comments Off
August 14, 2011
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 [...]
Tags: Apartments, Bank loans, capital, Capital Shortage, Chau Said The, Chi minh, Chi minh city, coming, Coming Months, construction, Consumers, Deputy Minister, developers, difficult, Difficulties, estate, Estate Association, Estate Firms, Face Difficulties, firms, first, First Time, For The First, For The First Time, Government, Hanoi, Ho Chi, Ho Chi Minh, Ho Chi Minh City, In The Coming, In The Second, In The Second Quarter, inflation, Inflation Fight, investors, Ldquo, lending, loans, market, Market Now Depends, Minh city, More Difficult, Now Depends, percent, prices, projects, property, Property Firms, Property Market, quarter, Rdquo, Real Estate Association, Real Estate Firms, real-estate, Second quarter, shortage, situation, supply, Thanh nien, The Coming, The Coming Months, The first, The First Time, The government, The market, The Real, The Real Estate, The second, The second quarter, The Situation, Vietnam
Posted in Business | Comments Off
