Category: Projects

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VIETNAM MARKET VIEW Q1 2018

♦ The first quarter of 2018 witnessed a remarkable performance of Vietnam economy, which was fueled by the strong growth of manufacturing sector and an export boom. Vietnam’s GDP growth rate was 7.38 % y-o-y, which was the best Q1 performance observed in the last decade. Export turnover grew by 22% y-o-y, while VN-Index reached an 11-year high, which was among the world’s top performing markets. ♦ Condominium market: Launch activities continued...

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RARE SOURCES OF HO CHI MINH CITY LUXURY APARTMENTS

According to CBRE Vietnam, in Saigon, there are only 392 luxury apartments priced at $ 3,500-7,000 per square meter are concentrated in the central core of District 1, accounting for less than 0.3% of the total apartment supply (nearly 160,000 units). After nearly a decade of deep recession and recovery status of real estate market, the concept of luxury apartments in HCMC has changed a little. Accordingly, the luxury apartment...

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SAIGON TRADE CENTER

Located in Ton Duc Thang Street, Ben Nghe Ward, District 1, Ho Chi Minh City, strategically in the heart of Ho Chi Minh City. Prime location to CBD. Saigon Trade Center is one of the grade A office buildings in the city prioritized by many foreign companies. The building including 33 floors, two basements and one ground floor, was the tallest building in Vietnam until 2008. This record was broken...

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The Bitexco Financial Tower

The Bitexco Financial Tower, located in the heart of Ho Chi Minh City’s business and entertainment district, is the most exciting commercial property development undertaken in Vietnam to date. This 262-meter skyscraper is meant to characterize the beauty and growth of the Ho Chi Minh City, offering more than 37,000 sqm of grade A office space. The building is highly occupied by finance organizations, banking, and multi-national corporations. Listed as...

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Which projects are stirring the market in these last months?

At the end of the year, the real estate market becomes more active as investors flock to “premiere” their real estate products. Apartment supply is plentiful and customers have more choices, but not all projects meet the demands of customers. The apartment market is stable According to a report by Savills Vietnam, in the third quarter of 2017, the number of successful transactions involving the sale of apartments decreased 17...