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CBRE Vietnam’s Top Property News Stories – W45/2014

AEON Mall inaugurated in Binh Duong,Vingroup inaugurated the biggest 5-star Resort in Phu Quoc,Sold 70% of Vinhomes Nguyen Chi Thanh project…

CBRE Newspaper Updates on Residential Ads 


  • No new launch
  • The most actively advertised projects are:

    • Vinhomes Central Park in Binh Thanh District:

      • Total area: 43 ha;
      • Component: 81-storey landmark building, 59,000 sm commercial area;
      • High-end villa and condominium, unit with modern facilities.
    • Masteri in District 2:
    • Total area: 8ha;
    • Site coverage: 40%;
    • Residential area has 4 blocks with 40 – 41 storey in height;
    • Asking price is from VND28 mil/ sm.
    • Over 1,400 apartments;
    • Selling price starts from VND18 mil per/ sm and VND1.7 bil/ unit for 96.6-sm unit;
    • Payment term is in 4 year.
    • Total area: 4.9 ha, 235 units townhouse, 6 blocks;
    • Selling rice is from 14.7 mil/ sm (included VAT).
    • Him Lam Cho Lon in District 6:
    • Mega Ruby in District 9:

  • One new-launch:  

    • Home City (Cau Giay)
  • Two Re-launches:
  • Nam Do Complex (Hoang Mai)

    • Asking price VND22.5 mil psm (furnished including VAT)
  • Thang Long Victory (Hoai Duc)
  • Asking price VND13.5 mil psm (furnished including VAT)
  • Thang Long Victory (Hoai Duc)

    • Opportunity to win a 59.8 sqm unit, promotion applied to registered apartment, valid until end of 2014
  • Royal  City (Thanh Xuan)
  • Discount of 15.5% unit value together with VND62 mil TV
  • Other active advertised projects

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AEON Mall inaugurated in Binh Duong

Nguoi Lao Dong

Aeon Mall Canary is located in the Canary complex, Binh Duong. The shopping center comprises 3 levels spreading over 46,000 sqm GFA. There have been 143 operational stores, 1,000 parking spaces for car and 6,000 parking spaces for motorbikes.
This is the second mall developed by Aeon. The first mall opened on January 2014 and became one of the most popular for young people in the city. [The original article is in Vietnamese only]

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Vingroup inaugurated the biggest 5-star Resort in Phu Quoc


On 1st November 2014, Vingroup officially inaugurated Vinpearl Phu Quoc Resort after 10-month construction . This resort is about 300ha, including 5-star hotel and resort with 750 rooms, amusement park and 27-hole international standard golf course. Water Park is expected to launch on 15th November 2014. [The original article is in Vietnamese only]

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Sold 70% of Vinhomes Nguyen Chi Thanh project


On 2 November, 2014, 378 apartments in Vinhomes Nguyen Chi Thanh project were launched and exclusively distributed by STDA. Launching ceremony attracts about 600 interested people. Finally, there were more than 250 apartments sold. The highest price is about VND66 million psm (exclusive of VAT ad 2% of maintenance). Unit sizes are from 53.3sqm to 167.1sqm. [The original article is in Vietnamese only]

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Him Lam Cho Lon Sold Out in their Sales Event

Tin Nhanh Chung Khoan

Last weekend, Him Lam Corporation officially opened selling sample apartments of phase 1 Him Lam Cho Lon project apartment. This event became the new phenomenon of the market when the entire 200 apartments with area from 96.6 to 108 m2 in B3 and B4 block had been ordered on the day of the open sale. [The original text is in Vietnamese only]

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Lauching sample apartments, La Astoria attracted 200 buyers


Last week, La Astoria officially opened the sample. There were more than 800 participants including 200 customers decided to buy apartments at the event.  PYMEPHARCO Company – the top 5 pharmaceutical companies in the country, had signed to buy 50 apartments. More than 800 customers attended the ceremony with a positive response in the opening day were the full sample for the “heat” of this project. [This article is in Vietnamese only]

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Scenic Valley again set sales record with 100% block C2’s condos on the launch day

Phu My Hung

Sales Day event of Scenic Valley Phase 2 developed by Phu My Hung Development Ltd., was held on 25 Oct with nearly 300 customers. The developer offered only 109 apartments therefor, after a few hours, 100% of Scenic Valley apartment sold out. 

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The Sparks launched the condominiums the last phase


On October 31, 2014, Nam Cuong Group opened the last phase of The Sparks project on Le Van Luong Street. The completed and ready to move in condominiums this last time have the total area ranging from 50 to 100 sqm. [This article is in Vietnamese only]

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“Not remove Thanh Cong Market for building shopping centre”


“Continue to operate Thanh Cong traditional market and build further shopping centre rather than remove the current to replace with totally new shopping centre.”, said Mr. Do Viet Binh – President of Ba Dinh District. This project includes 2 basements, 4 floors for shopping centre, 5 floors for office. Total investment capital is VND423 billion. [The article is in Vietnamese only]

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Vietnam Airlines opens maiden direct Phu Quoc-Singapore flight


National flag carrier Vietnam Airlines launched Sunday its inaugural flight from Phu Quoc Island, off the southern province of Kien Giang, to Singapore, the company’s first international service from the country’s biggest island. The Phu Quoc-Singapore service is offered twice a week, on Thursday and Sunday, using an Airbus A321, according to Vietnam Airlines.

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Vietnam becomes biggest ASEAN supplier to US, takes aim at China


The American Chamber of Commerce (AmCham) expects Vietnam’s export to the US to hit around US$29.4 billion by the end of 2014–making Vietnam the top Southeast Asian supplier to its former foe for the first time in its history. AmCham also said that Vietnam’s export to the US will account to 34.1 percent of the bloc’s total exports by 2020. Vietnamese fruits exporters are busy with high orders as US began buying more from Vietnam after Thai farms were stricken by a series of diseases.

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Fitch raises Vietnam debt rating this year


The company raised its rating on Vietnam’s long-term foreign and local currency debt to BB- from B+, and revised the outlook to stable from positive. It helps to boost investors’ confidence, especially foreign ones, and spur them to increase holdings of Vietnamese bonds. 

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