Vietnamese Consul General to Fukuoka Nguyen Phuong Hong addresses the investment promotion workshop on April 10 (Photo: VNA) Fukuoka (VNA) – Many Japanese investors still lack information about Vietnam’s real estate market, heard an investment promotion workshop held by TMS Group in Fukuoka prefecture of Japan on April 10. Sumio Hara, Chairman and General Director of the So Kikaku Sekkei construction design company, told the Vietnam News Agency that to Japanese people, Vietnam is a leading investment destination in Southeast Asia. However, he hasn’t known much about the property market in Vietnam. If more detailed information about the market is provided like through this workshop, the Vietnamese market will possibly become the top destination for Japanese property investors, he stressed. Addressing the event, Vietnamese Consul General to Fukuoka Nguyen Phuong Hong said her office is ready to support enterprises in the Kyushu region, in which the prefecture … [Read more...] about Japanese investors need more information about VN’s property market
Real estate crm for mac
Indochina Capital teams up with Kajima Corporation
ICC-Kajima Development Co. aims to build on the success of its founders and their impressive track record Indochina Capital and Kajima Corporation are equal partners in this joint venture, with total investment capital estimated to eclipse $1 billion over the next decade. The aim of this new joint venture, according to Peter Ryder, founder and chief executive officer of Indochina Capital, is to build on the success and impressive track record of the two companies, by developing quality and innovative real estate projects throughout Vietnam. “Our goal is to build on our track record as Vietnam’s leading high-end real estate developer. We will continue to promote our vision of sophistication and luxury,” Ryder said. “We have a clear strategy that addresses the current and future demand of the market, with a focus on delivering accommodation-themed projects, while maintaining our unwavering commitment to architectural excellence, environmental sustainability, … [Read more...] about Indochina Capital teams up with Kajima Corporation
New values in demand for living space
New values in demand for living space Homebuyers growing picky There are big changes in homebuyers’ demands nowadays. If location and pricing were the top factors in the past, now comfort also plays a decisive role. This has required developers to scale up investment into ensuring living space and the comfort of their projects. Late last year, a string of projects introduced by some major developers in Ho Chi Minh City, albeit carrying high price tags, could still garner a great deal of attention from homebuyers. Saigon Mystery Villas on Bat Nan Road (District 2) by Hung Thinh Corporation consists of 12 attached house blocs and two villa complexes covering nearly 15 hectares. Despite its fairly high price averaging VND100 million ($4,500) per square metre, more than 70 per cent of the products put on offer have found owners in a short time. Huy, a homebuyer at the project, said that the project perfectly fit his requirements despite the high price tag. Besides its proximity to … [Read more...] about New values in demand for living space
Apartment supplies to drop by 25%
Property Apartment supplies to drop by 25% The Saigon Times Daily Saturday, Dec 14, 2019,14:55 (GMT+7) Apartment supplies to drop by 25%The Saigon Times Daily A new residential area in HCMC’s District 2. Apartment supplies in HCMC and Hanoi are estimated to fall this year - PHOTO: VNA HCMC – The number of apartments eligible for sale in HCMC and Hanoi is estimated to fall 25% this year, reaching 43,000 units, according to a report by property platform batdongsan.com.vn. At the Vietnam Real Estate Summit 2019 (VRES 2019), held on December 12, Nguyen Quoc Anh, deputy general director of Batdongsan.com.vn, said the property market will face multiple challenges next year due to tighter control being applied to new projects and the increase in risk coeficient for real estate loans. The demand for real estate products remains high, but the market has witnessed a decline since the previous quarter, Anh added. In … [Read more...] about Apartment supplies to drop by 25%
Vietnam 2017 GDP expands US$56 billion after revision
After revision, Vietnam’s GDP grew an average of 25.4% annually in the 2010 – 2017 period, in which 2011 recorded the highest growth rate of 27.3%. Vietnam’s GDP in 2017 is estimated at VND6,294 trillion (US$272.77 billion) after revision, representing an increase of VND1,300 trillion (US$56.34 billion) against the previous figure of VND5,006 trillion (US$216.95 billion), according to the General Statistics Office (GSO). This would result in revised GDP per capita of US$2,985, higher than the preceding number of US$2,343, stated the GSO in a statement announcing the result of GDP revision in the 2010 – 2017 period held Friday. As a result, Vietnam’s GDP grew an average of 25.4% annually in 2010 – 2017, in which 2011 recorded the highest growth rate of 27.3% and 2015 grew the lowest rate of 23.8%. Among economic sectors, services posted the highest growth rates after revision with an additional increase of VND316 – 615 trillion (US$13.68 … [Read more...] about Vietnam 2017 GDP expands US$56 billion after revision