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CBRE Vietnam's Top Property News Stories - Week 24/2021
CBRE Vietnam's Top Property News Stories - Week 24/2021

The top residential and commercial real estate news of the Week 24/2021 (14 June 2021 -  18 June 2021)

 

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HCM City official land-price remains unchanged
HCM City official land-price remains unchanged

Official land prices (called the coefficient or K coefficient) in HCM City will remain unchanged this year amid the rising cost of goods and challenges facing the economy, effective from June 18, according to Le Hoa Binh, vice chairman of the city People’s Committee.

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Work on HCMC’s Metro Line 2 expected to begin at the end of this year
Work on HCMC’s Metro Line 2 expected to begin at the end of this year

Despite the complicated developments of the Covid-19 pandemic, construction of the HCMC’s Metro Line No.2, connecting Ben Thanh Market in District 1 and Tham Luong depot in District 12, is scheduled to start at the end of this year while 85 percent amount of the total work of Metro Line No.1, connecting Ben Thanh Market and the Suoi Tien Theme Park in District 9, has been completed, announced the HCMC Urban Railway Management Board (MAUR).

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How Vietnam can remain a foreign investment sweet spot
How Vietnam can remain a foreign investment sweet spot

Foreign direct investment into Vietnam has grown exponentially in the last three decades. Thanks to its economic reforms and integration into the global economy, the country is now considered to be among the most open economies in Asia in terms of foreign investment receipts. In 2019, it recorded nearly $39 billion of newly registered capital.

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Vietnam remains attractive among foreign investors despite COVID-19
Vietnam remains attractive among foreign investors despite COVID-19

Vietnam is still a popular investment destination for foreign investors, who poured 14 billion USD into the country during the first five months of the year.

 

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HCM City aims to disburse at least 95 per cent for public investment
HCM City aims to disburse at least 95 per cent for public investment

HCM CITY — HCM City targets achieving a 95 per cent or higher rate for disbursement of public spending this year.

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Housing prices to rise sharply as steel prices surge
Housing prices to rise sharply as steel prices surge

Rising steel prices could increase apartment prices by double digits, further reducing the supply of affordable units, experts said.

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HCM City office market spreading to non-business districts: experts
HCM City office market spreading to non-business districts: experts

Nếu khu Đông và khu Nam Tp.HCM có nhiều dự án BĐS được triển khai, hạ tầng đầu tư mạnh thu hút dòng tiền của NĐT thì khu Tây có vẻ “trầm lắng” hơn về nhu cầu đầu tư cũng như nguồn cung dự án, nhưng lại nổi bật ở nhu cầu mua để ở thực. Thậm chí, có dự án tỉ lệ mua để ở chiếm đến 80-90%.

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