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CBRE Vietnam Real Estate Spotlight – W50 2018

Water-bus services prove popular in HCM City, Property tax to cost each household VND1.3 million: experts, Vietnam food delivery hotting up​, ….

 



  • One New Launched:

    • Pandora Tower (Thanh Xuan District)

      • Scale: 41,648 sqm land area
      • Total units: 286
      • Unit size: 78 – 146 sqm 
      • Price*: from VND 29 million psqm
  • Advertisement:

    • Rivera Park (Thanh Xuan District)                    

      • Total units: 666 units
      • Scale: 11,234 sqm land area                                                              
      • Unit size: 68.6 –104.75 sqm (2- 3 bedrooms)                                  
      • Price*: from VND 32 million psm
    • The Sun Me Tri (Nam Tu Liem District)                             

      • Total units: 270 units
      • Scale: 36,800 sm land area                                                              
      • Unit size: 74 – 116 sm (2- 3 bedrooms)                                  
      • Price*: from VND 31 million psm



* Prices included VAT

  • No New Launch                    
  • Advertisement:                                            

    • Q7 Sai Gon Riverside Complex (District 7)

      • Total units: 3,580 units
      • Scale: 75,224.5 sm
      • Unit size: 53.2 – 86.69 sm (1 – 3 bedrooms)
      • Price: VND 29 million psm (excl VAT)
    • 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

* Prices included VAT
Update base on newspaper date 10 – 14 Dec
ember 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Water-bus services prove popular in HCM City
SGGP Online
Water buses in Ho Chi Minh City provided services to about 900,000 passengers in the first 11 months of the year, up by 155% compared with the same period last year, according to the municipal Department of Transport. The 32km route from Bach Dang in HCM City to Thu Dau Mot in Binh Duong province is expected to open before April 30, while the Bach Dang-Con Dao Island in Ba Ria-Vung Tau province is scheduled to start in March.

 

 

WB: Economy growing robustly but risks intensifying
Vietnam Economic Times
Vietnam’s GDP is forecast to remain at 6.8̀̀% this year, higher than the projected figure of 6.3% for emerging markets in East Asia and the Pacific, according to the World Bank’s bi-annual economic report on Vietnam, Taking Stock, released on December 11. Economic growth has proven resilient despite weakening external conditions, driven mainly by strong domestic demand and a dynamic export-oriented manufacturing sector.

 

 

Why Vietnam Could Be Asia's Biggest Trade War Winner
Bloomberg
Vietnam was ranked No. 1 among seven emerging Asian countries as manufacturing destinations by Natixis SA, which looked at demographics, wages and electricity costs, rankings in doing business and logistics, and manufacturing as a share of total foreign direct investment.Vietnam was ranked No. 1 among seven emerging Asian countries as manufacturing destinations by Natixis SA, which looked at demographics, wages and electricity costs, rankings in doing business and logistics, and manufacturing as a share of total foreign direct investment.

 

 

Vietnam says Google 'taking steps' to open local office
Channel News Asia
Google is taking steps to set up an office in Vietnam to comply with a new law, Hanoi said Tuesday (Dec 11), as the communist country prepares to enact a controversial cyber bill that critics say is aimed at silencing dissent.

 

 

HCMC to have 2,000 more convenience stores, 50 supermarkets by 2025
The Saigon Times
HCMC has plans to develop an additional 2,000 convenience stores and nearly 50 supermarkets throughout the city by 2025, which will help control food origins more strictly and provide safe food products for consumers, Nguyen Huynh Trang, deputy director of the municipal Department of Industry and Trade, told a conference titled “Eat Clean – Live Green” held on December 13 in the city’s Dam Sen Theme Park.

 

 

Sumitomo to open supermarket in Vietnam
Nikkei Asian Review
Sumitomo Corp. will open its first Vietnamese supermarket this month, using its modern Japanese-style retail expertise to draw increasingly well-off middle-class consumers in a country still dominated by traditional markets.

 

 

Vietnam food delivery hotting up
Vietnamnet
The Vietnamese delivery market, especially food, is at a year long high with many new businesses and services profiting. According to market research firm Euromonitor, the sector has grown around 15% per year in Asia. In Viet Nam, the food delivery market is currently valued at US$33 million and may exceed $38 million by 2020.

 

 

Property tax to cost each household VND1.3 million: experts
The Saigon Times
Each household may have to bear an extra VND1.3 million (US$56) in tax per year if the proposed property tax on houses and land is passed as per a draft law prepared by the Finance Ministry, heard experts at a workshop in Hanoi City on December 12.

 

 

Poor airport infrastructure hinders Vietnam’s tourism development
Vietnamnet
A report released at a working session between the Civil Aviation Authority of Vietnam (CAAV) and Deputy PM Trinh Dinh Dung in mid-October showed that Vietnam’s aviation market grew by 16.6 percent per annum in the number of passengers and 14 percent in cargo transport. The figures show the rapid development and the great potential of the market.

 

 

Vietnam PM approves plan to restructure tourism sector
Hanoi Times
The plan aims to optimize the advantages in tourism products, market and resources as well as management systems, thus improving the sector’s economic, social and environmental efficiency. Prime Minister Nguyen Xuan Phuc has approved a plan to restructure Vietnam's tourism industry to turn it into a spearhead economic sector for the country. In addition, the plan also aims to promote the country and people of Vietnam, making Vietnam one of the leading destinations in Southeast Asia for visitors.

 

 

 

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