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CBRE Vietnam Real Estate Spotlight – W39 2018

Links to City lift Long An property market, Dong Nai plans VND55 trillion for infrastructure development, Van Don International Airport to open in December…

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    • TNR GoldSeason (Thanh Xuan District)      


      • Total units: 1,475 units
      • Scale: 22,371 sm land area                                                              
      • Unit size: 64- 101 sm (2- 3 bedrooms)                                  
      • Price*: from VND 32 million psm

* Prices included VAT

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    • Jamona Sky Villas (District 7)

      • Total units: 1570 units                                                               
      • Scale: 12,979,66 sm land area
      • Unit size: 104 – 150 sm                                   
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  • Charmington Iris (District 4)

    • Total units: 1,438 units                                                               
    • Scale: 16,645 sm land area
    • Unit size: 45 -122 sm (1 – 3 bedrooms)                                   
    • Price*: from VND 52 million psm  


Van Don International Airport to open in December


According to the project’s management board, they have finished 95 percent of the total construction of the airport. They expected to complete the whole project in October. Under a March decision by the Ministry of Transport, Van Don will be an international airport, serving both civilian and military flights with a 3.6km-long runway. The airport will have an annual capacity of 2-2.5 million passengers by 2020, which will increase to five million by 2030. 




Vinalines to build 2 terminals at $299 mln in Lach Huyen Port


Vinalines is seeking approval from the government for building two container terminals at Lach Huyen Port in northern Hai Phong City. The two proposed terminals would have a total length of 750 meters and the capacity to handle vessels of up to 100,000 DWT (8,000 TEU), and cost around VND7 trillion ($299 million), he said.



PM Phuc endorses immediate need for $1.4 bln Da Nang deep-sea port


Huynh Duc Tho, the city's Chairman, said Da Nang would like to build the deep-sea port on 220 hectares near the Hai Van Pass and convert Tien Sa into a tourist port for berthing cruise vessels coming to the city. The VND32.86 trillion ($1.4 billion) port will see the first of three phases completed by 2022 at a cost of $315 million.



HCM City to build more roads to unclog highly congested south


A proposal to build a north-south axial road in HCM City running through districts 4, 7 and Nhà Bè through a public-private-partnership (PPP) has been approved by the City People’s Committee. The road will have two distinct stretches, one from Hoàng Diệu Street in District 4 to Nguyển Văn Linh Street in District 7 and the other from Nguyễn Văn Linh to Bà Chiêm Bridge in Nhà Bè District. Rapid population growth in districts 7 and Nhà Bè and the presence of Hiệp Phước Port have given rise to dense traffic flows into the city’s downtown areas.



Dong Nai plans VND55 trillion for infrastructure development

The Saigon Times

The southeastern province of Dong Nai plans to earmark over VND55 trillion for infrastructure development during the 2018-2020 period. Of this, investment for transport infrastructure accounts for some VND35 trillion, connecting the province with other localities in the key southern economic zone in the coming period



HCMC proposes adjusting HCMC-Can Tho express railway Project

The Saigon Times 

Representatives of HCMC and four localities in the Mekong Delta region later agreed to the Southern Institute of Science and Technology’s proposal to reduce the route’s length to 139 kilometers, shortening the travel time between HCMC and Can Tho City to roughly 45 minutes. The railway would then run parallel with the HCMC-Trung Luong-My Thuan expressway.



Links to City lift Long An property market

Vietnam Investment Review

Long An has earmarked huge sums for improving transport connectivity with HCM City. For example, it has widened 55km of DT830 road at a cost of VND 2 trillion (US$71.5 million). Real estate experts revealed that investors are now paying close attention to regions contiguous to HCM City like Duc Hoa and Can Giuoc districts in Long An because of cheap prices, many key national infrastructure works, and greenery and clean air, and easy connectivity to HCM City.



ADB lowers Vietnam’s economic growth projection

The Saigon Times

The Asian Development Bank (ADB) has projected the economic growth of Vietnam at 6.9% this year, below the 7.1% forecast in April as exports, agriculture, construction and mining may decline slightly in the second half of the year, according to the bank’s press release.



Ho Chi Minh City: Over 6,000ha land reclamation, many slow-moving projects are in sight


According to Ho Chi Minh City People's Committee, in the past time, Ho Chi Minh City has reviewed and implemented the investment policy or decision to allocate land to many projects, with a total area of up to 6,000ha.



Hanoi: Townhouses, villas segment are gradually exciting at the end of the year


The fourth quarter of 2018 is expected to be an exciting time for the segment of townhouses and villas, as after the first three quarters of the year, the market is witnessing a strong outflow of old and new projects. Out of the new series of projects.












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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.