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HCM City makes property mortgage details public Recently the Ho Chi Minh City Department of Natural Resources and Environment published a list of 77 apartment projects that have been registered as mortgaged at land registration offices. The list has been submitted to relevant offices in the city as well as uploaded on the website of…

Govt must not destroy affordable housing dreams How do you respond to the Ministry of Planning and Investment’s announcing that the Government doesn’t have the funds to support the affordable housing program and the Ministry of Finance’s proposal to adjust the lending rate of that housing program? Under the 2014 Housing Law, affordable housing or…

Apartment market increasingly jittery for investors Rents are soaring and demand for apartments is historically high, but some developers and landlords are overestimating the strength of the U.S. apartment market — and paying for it in quarterly earnings. Others are warning that the second half of this year will be even tougher. Construction of new…

HCM City aims to be smart city HCM CITY — HCM City’s Party Committee plans to establish a steering committee to provide guidance on developing the southern metropolis into a smart city that would improve the quality of life of its residents. The city’s Party Committee secretary, Đinh La Thăng, said the chairman of the HCM City’s People’s…

Here Are the Luxe Amenities in NYC’s Tallest Residential Building As New York’s luxury market continues to sag, the top end of the condo market is going to increasing extremes to attract a finite number of global elites. With the initial release today of images and information for the three full floors of amenities offered at 432 Park…

Promoting REITs in VN requires changes HÀ NỘI — Improving legal frameworks and incentives are critical to promote the development of real estate investment trusts (REITs) in Việt Nam, chairman of the first domestic REIT said. Nguyễn Xuân Minh, chairman of the REIT launched by Techcom Capital last year (TCREIT), said there was significant room…

Pain or gain? How UK commercial real estate is coping with Brexit Two weeks after seven funds with stakes in U.K. commercial property suspended trading in the wake of the U.K.’s Brexit vote, only one, Aberdeen Asset Management, has reopened for business. And investors will have to pay a heavy price to wrest themselves free…

Growing VN property sales to foreigners HCM CITY – Many foreigners and Việt Kiều (overseas Vietnamese) are buying apartments in Việt Nam, especially in HCM City, according to market analysts. Over 10,000 apartments were sold in the second quarter of this year,  many to foreigners who are permitted to buy up to 30 per cent of the units…

More affordable housing needed in HCMC HCM CITY – The real estate market in HCM City is on track to bounce back, but its sustainable development will only be ensured if housing demand from low-income and average-income earners is satisfied, a report from the HCM City Real Estate Association has said. The report, sent to the city’s…

Property sector urged to seek other capital sources With lending to the property sector almost surely to be tightened, analysts are calling on real estate firms to securitise their projects and list their shares on the stock markets to raise money from the public. In a draft document the State Bank of Việt Nam has…