Posts Tagged ‘ The Property Market ’

‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  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 [...]

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‘Property developers should take long-term view’ 

January 25, 2012
‘Property developers should take long-term view’ 

  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 [...]

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Real estate still promising for long-term investors 

January 15, 2012
Real estate still promising for long-term investors 

  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 [...]

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Savills exec foresees property market recovery next year 

December 12, 2011
Savills exec foresees property market recovery next year 

  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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Vietnam steel sector faces losses amid low sales 

November 19, 2011
Vietnam steel sector faces losses amid low sales 

  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 [...]

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30,000 apartments to go on market over next few weeks

December 30, 2009
30,000 apartments to go on market over next few weeks

LookAtVietnam – About 30,000 luxury and mid-range apartments, mostly in HCM City, will be released on the property market late this year and early 2010. A large number of real estate projects are planned to start before year-end.The survey by Colliers International Consulting Company showed signs of the property market’s recovery and an associated return [...]

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Buyers advised rational behavior in real estate market

June 27, 2009
Buyers advised rational behavior in real estate market

As the real estate sector warms up and anxiety rises about inflationary prices, the Deputy Minister of Construction says buyers should rely on professional advice and not bank on market rumors.   Residential apartment complexes in District 4.LookAtVietnam – As the real estate sector warms up and anxiety rises about inflationary prices, Deputy Minister of Construction [...]

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Buyers advised rational behavior in real estate market

June 23, 2009
Buyers advised rational behavior in real estate market

Residential apartment complexes in District 4. As the real estate sector warms up and anxiety rises about inflationary prices, Deputy Minister of Construction Nguyen Tran Nam says buyers should rely on professional advice and not bank on market rumors. “After a long freeze [over the past year], the number of property transactions and prices have [...]

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Property stocks look promising

June 20, 2009
Property stocks look promising

Real estate developers bypassed the sluggish property market last year to record steady profits from construction rather than rentals and such.  Construction Joint Stock Company No. 5 (SC5) made VND34.9 billion in after-tax profit last year, mainly from building under contract. The company is forecasting a net profit of VND46 billion (US$2.58 million) for 2009 and [...]

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Property stocks look promising

June 20, 2009
Property stocks look promising

Real estate developers bypassed the sluggish property market last year to record steady profits from construction rather than rentals and such. Construction Joint Stock Company No. 5 (SC5) made VND34.9 billion in after-tax profit last year, mainly from building under contract.The company is forecasting a net profit of VND46 billion (US$2.58 million) for 2009 and [...]

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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...