Since the end of the second quarter of 2022, the real estate market in Ho Chi Minh City has shown signs of "deceleration", slowing down, quiet development, especially in the secondary market. According to information from the Department of Construction of Ho Chi Minh City, there are more than 36,000 construction enterprises in the city, with a registered capital of more than 855,000 billion VND and...
Thu Thiem in District 2 of Ho Chi Minh City has been the top spot for luxury real estate project investors. The City planned this new urban area to become the new financial district and has been compared to a new Pudong or Kowloon of Vietnam. From the beginning, the orientation of the investor determined to focus on the high-end segment. The Metropole Thu Thiem is suitable for those who like urban...
One Verandah apartment is a high-end apartment project on the Saigon River, located in the pearl island complex of the city invested by Mapletree Singapore Group, the project is designed to have an open space, and balcony with direct river view. Nearly 90% of One Verandah has river view, low construction density Mapletree gives the owner the feeling of living in a 5-star resort right in the city. One...
In 1995, Vietnam's per capita income reached US$250, ranking ninth among 10 countries in Southeast Asia, slightly higher than Myanmar (US$90). Meanwhile, Singapore is the country with the highest per capita income at US$23,630. However, in 1997, Vietnam's average income surpassed Cambodia's, ranking 8th out of 10 countries in Southeast Asia. At this point, the average income in Vietnam is around $330,...
The new supply of the apartment segment recorded an increase of 78% compared to the same period in 2021. Meanwhile, the new supply of the townhouses / resort shophouses and the accumulated resort villas in the first 5 months of the year increased respectively 170% and 25% over the same period last year. Limited demand Although the new supply increased, it was not evenly distributed, but...
In the second quarter of 2023, the first apartments of Thao Dien Green luxury project are expected to be officially handed over. Exceeded the original delivery schedule, the project is being built to the most beautiful floors. 06/2022 As of June 2022, Thao Dien Green has completed the 18th floor and is carrying out the construction of the remaining floors of the project. The fact that Thao Dien...
According to experts, in the past few years, Hanoi's periphery has continuously appeared "land fever", thereby pushing up the general price of other segments such as apartments, plus combined with other psychological factors the growth rate of apartment prices in Hanoi is higher than in Ho Chi Minh City. Hanoi vs HCMC According to CBRE, in addition to the positive signals of the post-pandemic...
In the first half of 2022, land plots in Thu Thiem area showed signs of slowing down, while the supply of apartments skyrocketed. The latest report of Cho Tot shows that apartments are the type of real estate with the largest supply in Thu Thiem ward in the first 6 months of 2022. After the first 4 months, the supply is relatively stable. and there were not many fluctuations, from May 2022, the supply...
In these years, real estate market in District 2 has been vibrant but now become even more attractive with the appearance of a series of mega projects. Apartments in District 2, Ho Chi Minh City are becoming an investment trend in 2022. In particular, apartments located in Thu Thiem urban area are more and more interesting thanks to synchronous and modern infrastructure. District 2 real estate in...
So you’ve finally received your brand new apartment in Saigon and are eager to start generating returns on your investment, one quick way to do this is by renting your apartment as soon as possible. In cities like Ho Chi Minh & Hanoi the demand for rentals is quite high due to the large amount of foreigners and also locals that come from nearby provinces for working purposes. It is important to...
