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 [...]
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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
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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 [...]
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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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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 [...]
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December 30, 2009
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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June 27, 2009
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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June 23, 2009
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. âAfter a long freeze [over the past year], the number of property transactions and prices have [...]
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June 20, 2009
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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June 20, 2009
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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