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Behind the sales record of 17,000 units at Vinhomes Grand Park
Behind the sales record of 17,000 units at Vinhomes Grand Park

Not providing affordable apartments, and also not being located in central districts of HCMC, Vinhomes Grand Park still manages to break sales record of Vietnam real estate market, or even the world, when 10,000 apartment units of the project were sold out in first sales session. 

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Lacking of new supplies, existing high-end apartments thrive
Lacking of new supplies, existing high-end apartments thrive

According to a report on Hanoi real estate market conducted by Savills Vietnam, CBRE Vietnam, and JLL Vietnam, there is a decline in new supply in Q2-2019. In JLL’s report, the number of apartments launched for sale in Q2-2019 is 5,900 units, which is only half of supply in Q1, and mainly come from subsequent phase of existing projects.

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Official channel to feed real estate market with supply info
Official channel to feed real estate market with supply info

An official channel that will provide Viet Nam’s real estate businesses with information such as the number of licensed projects and projects awaiting licenses in a given area is being developed by the Department of Properties and Real Estate Management under the Ministry of Construction and the Vietnam National Real Estate Association (VNREA).

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The right rules for condotel growth
The right rules for condotel growth

Condotel projects are blooming in the central city of Danang, with a strong supply in the pipeline, but there remains a gaping hole where specific market regulations should be. Binh An reports on how condotel development in Danang can move forward successfully as the market matures.

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Novaland enters new growth stage
Novaland enters new growth stage

Significant land bank and strong financial foundation are expected to help Novaland deliver sustainable growth.

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Vietnam: Son Kim Land bags $121m funding led by EXS Capital, ACA, Credit Suisse
Vietnam: Son Kim Land bags $121m funding led by EXS Capital, ACA, Credit Suisse

Vietnamese property developer Son Kim Land has closed another round of investment worth $121 million from a consortium led by existing investors EXS Capital and ACA Investments, as well as new backer Credit Suisse.

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HCM City’s housing market gloomy in first half
HCM City’s housing market gloomy in first half

Ho Chi Minh City’s realty sector experienced a hazy first half of the year, with dwindling supply of both high-end and pocket-sized apartments, according to insiders.

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UPDATE 1-Vietnam posts large trade surplus amid U.S.-China trade tensions
UPDATE 1-Vietnam posts large trade surplus amid U.S.-China trade tensions

HANOI, July 12 (Reuters) - Vietnam on Friday recorded a large trade surplus in the first half of this year, with the Southeast Asian country benefiting from the long-drawn U.S.-China trade tensions.

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