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CBRE Vietnam’s Top Property News Stories – Week 39/2017

HCM City plans to extend Metro Line 2, International tourist arrivals surge nearly 30% in January-September, 5 Seasons – Investment opportunity in the city centre…

 


       

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    • The Eastern (District 9)

      • Total units: 648 
      • Scale: one 20-floor block, one 22-floor block
      • Unit size: 50 – 69 sm (1-2 bedrooms).
      • Price*: from VND 20 – 22 million/sm.
    • Khuong Viet (Tan Phu District)

      • Total units: 233
      • Scale: one 17-floor block.
      • Unit size: 51 – 94 sm.
      • Price*: from VND 1 billion/unit.
    • Lavita Charm (Thu Duc District)

      • Total units: 939
      • Scale: three 20-floor blocks. 
      • Unit size: 49 – 90 sm (1-3 bedrooms).
      • Price*: from VND 1.3 billion/unit.

* Prices included VAT

       

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    • Anland Complex (Ha Dong District)

      • Total units: 500
      • Scale: 7,052 sm land area
      • Unit size: 54 – 90 sm (2-3 bedrooms)
      • Price*: from VND 23 million/sm
    • Sunshine City (Bac Tu Liem District)

      • Total units: 2,368
      • Scale: 10.6 ha land area
      • Unit size: 80 – 122 sm (2-3 bedrooms)
      • Price*: from VND 29 million/sm
    • Vinhomes Green Bay (Nam Tu Liem District)

      • Total units: 1509 (apartments, villas, townhouses, shophouses)
      • Scale: 31.8 ha land area
      • Unit size: 42 – 402.5 sm (villas, townhouses, shophouses, 2-3 bedrooms)
      • Price*: from VND 38 million/sm

 Prices included VAT

Note: Selected newspapers include Dau Tu Bat Dong San, Thoi bao kinh te Vietnam, The gioi thong tin bat dong san, CafeF, Tap chi dau tu bat dong san, Vietnamnet, Thi truong Bat dong san & Tai san, Nguoi dua tin, Vnexpress

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HCMC to build pilot smart city in October
Vietnam Breaking News

As from October, several of HCMC’s districts will start implementing the smart city project, starting in the Thu Thiem New Urban Area, District 1, and District 12. According to city leader Tran Vinh Tuyen, building HCMC into a smart city will focus on four main pillars that include the building of a data centre, an operating centre, a service centre, and an information security centre. He also suggests that a key requirement for the success of the smart city is better management of capital and human resources.

 

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Singapore invested 2,100 billion VND to build the wharf area of Phoenix port of Vung Ang
NDH

The Phoenix urban area (terminals 5 & 6) of Vung Ang port is developed by Vung Ang Phoenix Port Company Limited (owned by Freight Links Capital Pte.Ltd, Singapore). The components include: port, warehouse, two wharfs, capacity of 5 million tons / year, can receive additional ships of 50,000 DWT; The headline is VND2,100 billion, expected to be completed after 18 months from the commencement date.

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HCM City plans to extend Metro Line 2
VIR

HCM City is planning extend the Metro Line 2 by adding an extra 5.9km of railways that will link Bến Thành in District 1 and Thủ Thiêm Urban Area in District 2, and a 3.4 km section that will run from Tham Lương to An Sương Coach Station in District 12. This follows a project adjustment in 2015 that made the cost rise to $2.19 billion.

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Quang Nam Province has approved DXG's VND4,600 billion tourism planning task
NDH

The detailed planning of 1/500 Opal Ocean View service and resort area in Duy Xuyen district with an area of 171 hectares by the Green One Member Co., Ltd – a member of Green Land Group (DXG) Being an investor approved by Quang Nam PPC. The Opal Ocean View land use structure is projected to include 30% -40% of residential land; public land, trade – service 6% – 10%; park land, water surface 20% – 30%; technical land, wastewater treatment 0.5% – 1%; Transportation land, technical infrastructure 27% – 35%. 

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International tourist arrivals surge nearly 30% in January-September
Vietnam Breaking News

In the first nine months 2017, tourist arrivals in Vietnam reached the 9.44 million mark, representing a 28.4 % increase in the same period last year. This resulted to an estimated VND367 trillion (US$16.5 billion) in tourism revenue, representing a year-on-year surge of 26.5 per cent. With its goal of making the tourism industry a key driver of socio-economic development, Vietnam has set a target of 17-20 million visitors by 2020, which would bring a revenue of $35 billion, equivalent to 10 per cent of the GDP.

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Investing 100 billion, Saigontourist profits 545 billion when selling a company to Novaland
CafeF

Saigontourist Holding Company has just released its financial report for the first 6 months of 2017 has been reviewed. While operating income was still only comparable to the same period last year, slightly increased from VND2,924 billion to VND2,926 billion, financial income soared from VND152 billion to VND632 billion. As a result, the profit before tax increased 1.5 times from 825 billion to 1,179 billion. 

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5 Seasons – Investment opportunity in the city centre
VIR

With a focus on the more affluent layer of society as target clients, the unique 5 Seasons condotel project newly introduced by TNR Gold Season will undoubtedly provide its owners both safe and stable profit. 

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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

 

 

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