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 [...]
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September 1, 2011
M&A in real estate is witnessing a rapid growth worldwide, Savills says Vietnam will see the number of merger and acquisition deals in real estate rising as the market is critically short of capital, real estate service provider Savills said. Given that the Vietnam real estate market is now in a downturn, caused by constrained [...]
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Posted in Business | Comments Off
July 8, 2011
Visitors inspect a real estate development project during an exhibition on construction and property in Hanoi. The residential property market in Ho Chi Minh City has been hit hard by the government’s tight monetary policy and buyer confidence is not likely to improve anytime soon, real estate companies say. Consulting firm CB Richard Ellis said [...]
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June 10, 2011
Neil MacGregor (C), Deputy Managing Director of Savills Vietnam, receives an award Savills Vietnam said on Monday that it has won seven awards at the Asia Pacific Property Awards 2011, including the title of Best Real Estate Agency in the region. The company said it was also named Best Real Estate Agency in Vietnam at [...]
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Posted in Business | Comments Off
January 16, 2011
Average office rent in Ho Chi Minh City decreased by 2 percent in 2010's last quarter Average office rents in both Hanoi and Ho Chi Minh City continued to fall in the last quarter of 2010 as supply kept growing, according to UK-based real estate service provider Savills. In Hanoi, the market saw a decline [...]
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December 19, 2009
LookAtVietnam – Ho Chi Minh City ranks third in the Asia Pacific region in terms of real estate development prospects for next year, behind Shanghai and Mumbai. People drive motorcycles past a billboard promoting a new residential project in Ho Chi Minh City’s District 7.A study released last week by PricewaterhouseCoopers (PwC) and the Urban [...]
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Posted in Business, News | Comments Off
December 19, 2009
People drive motorcycles past a billboard promoting a new residential project in Ho Chi Minh Cityâs District 7. Ho Chi Minh City ranks third in the Asia Pacific region in terms of real estate development prospects for next year, behind Shanghai and Mumbai. A study released last week by PricewaterhouseCoopers (PwC) and the Urban Land [...]
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Posted in Business, News | Comments Off
December 9, 2009
The property market in the central coast city of Danang might be less busy than in HCMC, but the tourism property segment there is burgeoning offering both hi-end . . . Projects to build villas for sales are emerging quickly in the region, and in the next couple of years, there will be significant villa [...]
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Posted in Business, News | Comments Off
December 9, 2009
LookAtVietnam – Unlike the third quarter of the year, the forecast now sees a 5-7 percent increase in the fourth quarter thanks to the economic recovery. According to Savills Vietnam, real estate service provider, A and B class office rents continued decreasing by 4.5 and 2 percent in the third quarter of the year. Only [...]
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Posted in Business, News | Comments Off
July 31, 2009
Unlike the office leasing market, now quiet because of low demand, the leasing market for upscale store sites in Ho Chi Minh City has remained bouyant even in the economic downturn, reports the Saigon Economic Times. Like their counterparts in the in big urban areas of other countries, Vietnamese consumers shop more and more at [...]
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Posted in Business, News | Comments Off