Thị trường nhà cho thuê sôi động
- 14/04/2009
Nguồn cung tăng đáng kể, sức cầu rất lớn, thị trường nhà cho thuê tại Hà Nội đang khá sôi động, đối lập hẳn với không khí ảm đạm của thị trường nhà đất nói chung.Theo thống kê của hệ thống sàn giao dịch Cen thuộc Century Group, trong số các giao dịch thành công mỗi tháng của Công ty thì có đến 90% thuộc về mảng nhà cho thuê. Công ty Địa ốc Thanh Tâm cũng cho biết, hầu...
Government to review home ownership regulations
- 12/09/2008
The Ministry of Construction yesterday submitted amended housing requirements for overseas Vietnamese to the Prime Minister for consideration.Under the current regulations, expatriates of Vietnamese ethnicity, or Viet Kieu, are only allowed to buy a house or apartment if they fulfill specific requirements.These requirements include having established residence in Vietnam for more than six-months, having been granted permanent residence in the country, and being designated as investors, cultural and scientific experts or individuals who have made a significant contribution to the...
New Zealand house sales fall 34%, prices decline
- 12/09/2008
Sales of New Zealand houses fell to a 26-year low in August as interest rates close to a record curtailed demand for property.The number of homes sold dropped 34 percent to 4,220 in August from 6,394 a year earlier, according to a report from the Real Estate Institute of New Zealand Inc. e-mailed to Bloomberg News today. The median house price dropped 5.7 percent. Slowing consumer spending and a plunge in the housing market tipped New Zealand\'s economy into a...
Malaysia: Property sector still a draw
- 29/08/2008
The Malaysian real estate still offers an attractive investment opportunity for foreign players despite uncertainties in the global financial markets.According to Housing and Local Government Minister Datuk Seri Ong Ka Chuan, apart from the Middle East, the property sector was also attracting foreign investors from the Indian subcontinent and Asian countries such as South Korea, China and Japan.“Malaysia is becoming more attractive to foreign investors,” he told reporters after officiating the 19th National Real Estate Convention (NREC) yesterday.However, he did...
Da Nang City to get facelift
- 29/08/2008
An agreement with the World Bank was signed yesterday to help Da Nang become a greener, cleaner and more eco-friendly coastal city, according to the State Bank of Viet Nam.The Da Nang Priority Infrastructure Investment Project will cost US$218 million, of which the World Bank will provide US$152 million and aims to improve the efficiency and sustainability of urban services in the city. The project will invest in upgrading urban areas, environmental infrastructure improvement and road construction.The project is also...
Golf projects getting caught in the rough
- 25/08/2008
Environmental pollution and ineffective land use concerns have caused provinces to reconsider several golf course projects, leaving investors out in the cold.The people’s committee of southern Long An province recently decided to permit only one golf course project to be developed. “Golf courses are not welcome in the province. We’ve received too much negative feedback from locals, economists and environmental activists, so we’ve decided to limit our permits to only one course,” said Dang Van Tuyen, vice head of Long...
Riding out the storm
- 25/08/2008
Rising inflation is putting pressure on office rents, and tenants are sitting tight, waiting for prices to fall before expanding.Christopher Currie, head of landlord representation at CB Richard Ellis, said that Grade B office rents in Ho Chi Minh City had dropped by around 10-15 percent over the last three to six months, and were now sitting at around $35-$45 per square metre per month. “We’ll see Grade B prices soften even further, by another 10-15 percent, by the end...
Relapse of HCMC property fever unlikely
- 22/08/2008
Experts say a property market recovery this year is next to impossible even though hopes were raised after deals were signed in HCMC last month for slightly higher prices.At a recent finance and property seminar, Deputy Minister of Construction Nguyen Tran Nam said property businesses had been under pressure, experiencing difficulty getting capital, finding buyers and paying bank loans."The increase in bank lending rates to 21 percent a year in June also forced the property market to put up prices...
Ba dự án nhà thành công nhất ở HN trong năm 2008
- 15/08/2008
One of Russia\'s leading construction groups said that Viet Nam was a promising investment destination as the group opened a representative office in Ha Noi yesterday. Dmitri Lutsenko, a member of the Russian Mirax Group board of directors, made the statement, saying that the country was especially promising with its young potential source of labour. He continued to say that he believed more and more Russian businesses would come to Viet Nam to seek investment opportunities.The opening of a representative...
Asian prime office prices may decline 10%
- 08/08/2008
Asian real estate prices may fall further and prime office values decline 10 percent before year\'s end, Singapore-based property investor Pacific Star Group said."Most markets are peaking over the next 12 months, or even trending downwards," said Frank Vaessen, president of fund management at Pacific Star, which manages $3 billion of assets globally. "Broadly speaking, the bottom could come sometime in late 2009 or early 2010."Faltering economic growth and the global credit contraction may ease demand for office and retail...