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CBRE Vietnam Real Estate Spotlight – W36 2018

3-3.5% is the appropriate annual interest rate for social housing loan, Hai Phong builds VND1.5 trillion interchange to improve northwest gateway, Phu My Hung acquired the owner of  a 200-ha project in Bac Ninh…


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    • Anland Premium (Ha Dong District)

      • Total units: 575 units
      • Scale: 8,570 sm land area
      • Unit size: 54 – 85 sm (2 – 3 bedrooms)
      • Price*: from VND 26 million psm
    • Eco Dream Nguyễn Xiển (Thanh Tri District)
    • Total units: 572 units
    • Scale: 5,341 sm land area
    • Unit size: 45 – 98 sm (1 – 3 bedrooms)
    • Price*: from VND 26 million psm
    • Total units: 2,368 units
    • Scale: 21,720 sm land area
    • Unit size: 80 – 122 sm (2 – 3 bedrooms)
    • Price*: from VND 35 million psm
    • Sunshine City (Tay Ho District)


* Prices included VAT

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    • Heaven Riverview (District 8)                                            

       

      • Total units: 960 units                                                               
      • Scale:  16.939,8 sm land area
      • Unit size: 50.37 – 68.68 sm (1 – 2 bedrooms)                                   
      • Price*: from VND 20-22 million psm
    • Eco Green Saigon (District 7)
    • Total units: 1,000 units                                                              
    • Scale: 140,000 sm land area
    • Unit size: 52 -95 sm (2 – 3 bedrooms)                                   

* Prices included VAT

 

 

Korea Infrastructure Management plans US$3.2-billion resort project in Vietnam

Hanoitimes

South Korean real estate firm Korea Infrastructure Management plans to invest US$3.2 billion in the Paradise Golf Resort and Bau Trung residential area, a resort complex project in the southern province of Ba Ria – Vung Tau.  

 

 

 

Phu My Hung acquired the owner of  a 200-ha project in Bac Ninh

Cafeland

Phu My Development Company Limited has spent VND319 billion to buy back 99.7% of shares of Vietinbank Trade -Union Invesment Joint Stock Company. Vietinbank is the investor of the technical infrastructure building project for Hong Lac – Xuan Lam eco-residence in Bac Ninh. The project has a total technical infrastructure investment of approximately VND3,000 billion and a planning scale up to 198.5 ha.

 

Ha Noi agreed to build a 25-storey building in the housing complex of Vietnam Film Institute

NDH

Vietnam-Australia Real Estate Investment and Trading Limited Company has been granted with the approval for the Vietnam Film Institute's housing complex renovation and rebuilding project implementation. The project is carried out with extra-budgetary resources from direct investment. The total estimated investment capital of the project is VND366.2 billion, including its own equity, loan and licit financial fund, of which the investor's equity must be at least 20% of the total project investment

 

 

Mountain top resort, golf course and safari zoo to be built on Ba Den

Cafeland

The Prime Minister has approved the master plan for the construction of Nui Ba Den National Park in Tay Ninh Province by 2035. It consists of a total area of 2,903.79 ha and many types of resorts on mountain peaks and golf courses. and Safari Zoo…

 

 

Five routes connecting Tay Ninh with Ho Chi Minh City to be built and upgrade

Cafef

The Tay Ninh People's Committee has started construction of five projects to expand and upgrade roads connecting the neighboring provinces to Nui Ba Den National Park. Total capital for these projects is VND 1,715 billion.

 

 

Hai Phong builds VND1.5 trillion interchange to improve northwest gateway

Nhandan

The interchange is located to the south of the Binh Bridge in Hai Phong and consists of three levels: an underpass, ground-level roads and a flyover system. The construction commenced on September 2 and worth VND1.5 trillion (US$64.5 million). It is expected to ease congestion along the northwest gateway to the northern port city.

 

 

Vietnam eyes $2.4 bln upgrade to all civilian airports

Retailnews

Vietnam’s airport operator has recommended a VND56.7 trillion (US$2.4 billion) upgrade of 16 of the 21 civilian airports in the country. The renovation list includes Tan Son Nhat Airport in Ho Chi Minh City, Noi Bai airport in Hanoi, nine airports in the Central, two airports in the southern islands, an airport in the Central Highlands, and three airports in the northern region.

 

 

3-3.5% is the appropriate annual interest rate for social housing loan
 

NDH

According to HoREA, the annual interest rate for social housing loan at 3-3.5% will be more reasonable when the economy stabilizes. The association also recommends setting a monthly savings deposit equal to VND 500,000 or less than VND 1 million for the monthly paid home loan and the saving depositors at the Social Policy Bank can also enjoy the same savings interest rate applied at the commercial banks (currently about 7% per year). In addition, the deposit for social housing renting should be adjusted from the rent of 3-12 months to 1-3 months.

 

 

BHMA expands in Vietnam
 

ttrweekly

Flight Centre Travel Group’s hotels and accommodation business, BHMA, has announced the launch of a new hotel in Vietnam – X2 Vibe Viet Tri Hotel. The 4-start hotel is located 60 km from Hanoi’s Noi Bai International Aiport and features 60 rooms. This property would be the only hotel under an international branding in the city of Viet Tri.

 

 

CapitaLand spent 1.380 billion VND to purchase of a housing project in District 2

NDH

CapitaLand Group has spent about 1,380 trillion VND, equivalent to 81.4 million Singapore dollars to buy a housing project in Binh Trung Dong Ward, District 2, HCMC. The project covers an area of over 6 hectares, includes 100 landed properties and is expected to be completed by 2021. This is CapitaLand's third acquisition within a month, contributing to 1.1 billion USD of the group’s portfolio.

 

 

 

 

 

 

 

 

 

 

FOR MORE INFORMATION,CONTACT:

Dung Duong MRICS

Director

T +84 8 3824 6125

dung.duong@cbre.com

 

An Nguyen
Director

T +84 4 2220 0220

an.nguyen@cbre.com

 

 

 

Information herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the market.

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