October 23, 2021

Week 42/2021 (18 Oct 2021 – 22 Oct 2021)
The top residential and commercial real estate news of the Week 42/2021

Top Property News Stories is CBRE’s weekly news wrap, featuring the latest commercial and residential real estate stories from around Vietnam. Whether your interest lies in industrial, retail, office or residential property, we’ve got the news that matters, covered.

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.


Advertisements in Hanoi

  • The Matrix One – Nam Tu Liem District
    • Total units: 740 units
    • Scale: 39.8 ha
    • Unit size: 86 – 112.5 sqm (Condos)
    • Price*: from VND 50 million psm
  • The Nine – Cau Giay District
    • Total units: 350 units
    • Scale: 5,190 sqm
    • Unit size: 75 – 162 sqm (Apartment)
    • Price*: from VND 41 million psm
  • The Sakura – Vinhomes Smart City – Nam Tu Liem District
    • Total units: 703 units (SA2 Building)
    • Unit size: 28 – 82.4 sqm (studio, 1-3 bedrooms)
    • Price*: from VND 42 million
  • Imperia Smart City – Nam Tu Liem District
    • Total units: 3,922 units
    • Scale: 23,310
    • Unit size: 28 – 76 sm (1-3 bedroom)
    • Price*: from VND 40 million

* 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



Advertisements in HCMC

  • Westgate (Binh Chanh)
    • Developer: An Gia
    • Total units: 400 units (Thames Tower)
    • Unit size: 1 – 3 bedrooms
  • The Peak Garden (District 7)
    • Developer: Hung Loc Phat
    • Total units: 903 units
    • Unit size: 2 – 3 bedrooms
  • Masteri Centre Point (District 9)
    • Developer: Masterise Homes
    • Total units: 10 towers
    • Unit size: 1 – 4 bedrooms

* 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


1_1566-thu-thiem-projects-gear-up-for-another-push-forwardThu Thiem projects gear up for another push forward
Two multi-million dollar ventures for Thu Thiem New Urban Area, both backed by South Korean giants, are picking up the pace after this summer’s restrictions fell into the rear-view mirror.

2_vaccine_1Economic growth from COVID-19 depends on vaccine rollout
The pandemic outbreaks in 2021 slowed the country’s economy growth and caused supply chain disruptions and labour market disturbances. Domestic businesses had been severely hurt. In addition, geopolitical shifts and developments of the world economy might increase risks for businesses in terms of the price of raw material. Economic growth after the COVID-19 pandemic will largely depend on the vaccine rollout.

3_181164_restore_productionBusinesses resume production as workers return
Sixty per cent of companies in HCM City have resumed production since the lockdown was lifted half a month ago. The resumption in transportation to other cities and provinces has favoured them, the HCM City Union of Business Associations (HUBA) said.

4_employment_tizdJob options, recruitment demand after social distancing mandates lifted
These days, companies are on a hiring spree for economic recovery after the government relaxed stricter social distancing mandates. The mass exodus of migrant workers has returned to the city and its nearby industrial provinces struggle to ensure sufficient workers to help revive the city's economy.

5_xe-lua_bvoy_pozkVietnam to build nine new railways by 2030
Deputy Prime Minister Le Van Thanh has signed a decision approving the railway system planning for 2021-2030, with a vision to 2050, which sets a target of building nine new railways with a total length of 2,362km by 2030.

6_dji0270-1634896643-1634896661-6297-1634949689_r_680x408 HCMC to dig deep for more downtown space
The HCMC Department of Planning and Architecture is making plans to have at least two more underground areas in District 1 with malls, parking lots and other services. In a draft plan that has been sent to experts, related agencies, and released to the public for feedback, the department envisages two underground spaces underneath the Nguyen Hue Pedestrian Street and the Me Linh roundabout.

7_181552_nhaoMinistry of Construction proposes credit package to build homes for workers
The Ministry of Construction has proposed a VND30 trillion (US$ 1.3 billion) credit package to build low-cost homes for workers. According to the Ministry of Construction (MoC), the package will help ensure social welfare for vulnerable people, enhance economic recovery and development, remove the difficulties plaguing enterprises and support the development of the housing and real estate market. Although the Government has issued multiple solutions to develop affordable housing for workers, the supply of homes for workers at industrial parks have yet to meet the demand.

8_WEBContainerCaiMepThiVai516163-5391-6419-1634965089_r_680x408Vietnam trade to climb to new peak
Vietnam’s trade could reach a record high of $600 billion in 2021, the Ministry of Industry and Trade has said. This would be 10 percent higher than last year as against a government target of 4-5 percent, it said. It had reached $510 billion as of Oct. 15 with a marginal deficit.

The views and opinions in these articles belong to the author and do not necessarily represent the views and opinions of CBRE. Our employees are obliged not to make any defamatory clauses, infringe or authorize infringement of any legal rights. Therefore, the company will not be responsible for or be liable for any damages or other liabilities arising from such statements included in the articles.