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SBV has released a document urging Hanoi and HCM City branches to strengthen inspections of real estate transactions made in dollars. VnnNews – The State Bank of Vietnam (SBV) has released a document urging Hanoi and HCM City branches to strengthen inspections of real estate transactions made in dollars. The move is part of an effort...

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New decree aims to control shady realty practices; Dung Quat ports handle 1 million tonnes of cargo; Vietnam, Laos, Cambodia boost energy cooperation  New decree aims to control shady realty practices < />   A new decree more strictly regulates how developers of housing projects can raise capital and is expected to shine...

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VnnNews – The real estate market remains gloomy, which explains why even low-cost apartments are selling very slowly at this moment. VietNamNet Bridge – The real estate market remains gloomy, which explains why even low-cost apartments are selling very slowly at this moment.   Hanoi witnessing low-cost apartment fever Foreign...

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VnnNews – Real estate developers nowadays are eyeing the sea city of Vung Tau, injecting money to develop big supermarkets and trade centre projects. VnnNews – Real estate developers nowadays are eyeing the sea city of Vung Tau, injecting money to develop big supermarkets and trade centre projects.   Ten biggest FDI projects...

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VnnNews – The HCM City market remains in hibernation as overly high interest rates keep investors away. Le Hoang Chau, Chair of HCM City Real Estate Association, told Dau Tu reporters that members wailed over the last month about overly high interest rates.  He remarked that no business will profit enough to cover bank interest rates...

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VietNamNet Bridge – High interest rates of 17-18 percent per annum keep many real estate developers from accessing bank loans. Sacomreal is the first company in HCM City to try this method. At first, Sacomreal issued bonds to raise funds for Phu Loi 1 project. After that, capital for the Belleza project was gathered through issuance...

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VietNamNet Bridge – Hanoi’s real estate market has awakened after two months of hibernation. In the first month after Tet, real estate developers launched many new projects. The first 116 apartments (out of 512) for CT3 Hoang Quoc Viet Residential apartment bloc in the Co Nhue new urban area will be officially marketed on March...

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Rumors about super-stars have been used by many real estate developers to entice buyers at a time when the real estate market is at a low. Recently, whispers suggested that singer Dam Vinh Hung had signed a contract on purchasing a penthouse at the high grade Sunrise City project rumored to have a price of several million dollars. According...

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VietNamNet Bridge – It’s smaller cheaper houses that will sell well in 2010 according to property experts. They say that it will be a good time to sell the apartments priced at 15 million dong per square meter and lower, according to Chairman of the HCM City Real Estate Association Le Hoang Chau. Anticipating a high demand...

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VnnNews – A proposal could make it easier for real estate developers to mobilize capital but, some warn, it could also reduce transparency in property markets. A Ministry of Construction (MOC) proposal now out for public comment would allow real estate developers to sell twenty percent of the units they develop directly to investors,...

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