JLL Report – Old buildings in Vietnam can find new commercial uses
Jones Lang Lasalle (JLL) Vietnam has just released a new report on commercial real estate trends and notes that in the current tight real estate ...
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Softbank makes a major mistake investing in WeWork and Asia expansion questionable
Multiple reports over the weekend from both Japanese and international media point to a belief by insiders in Softbank that the company made a “major” ...
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Is Ho Chi Minh City real estate being used for money laundering?
The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures ...
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JLL Vietnam says retail spaces can become co-working offices
According to the latest real estate information from Jones Lang LaSalle (JLL) Vietnam, retail space occupancy and rental prices continue to grow steadily in the ...
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JLL Vietnam: Investors in Vietnam are looking for industrial properties
According to the latest report by real estate consultancy, Jones Lang LaSalle (JLL) Vietnam, investors are looking for industrial and logistics assets that they can ...
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5G: What landlords need to know about the latest Mobile Networks
A report fro Savills Real Estate The introduction of 5G mobile networks will have a significant impact on real estate investors. The latest iteration of ...
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Japan’s Nomura Real Estate buys Zen Plaza in Ho Chi Minh City
Japan’s Nomura Real Estate has bought Zen Plaza, a 14-story, commercial property that is a mixed use, office and retail space. Zen Plaza was established ...
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Ascott expands to Cam Ranh and Hoi An
The Ascott Limited (Ascott), a wholly owed lodging business unit of CapitaLand is accelerating is expanding its presence in Vietnam with new several new projects ...
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$50 million USD night market to be built in Danang
In a bid to boost tourism and shopping in Da Nang, Japanese hotel group, Mikazuki, which is building the Mikazuki Spa & Hotel Resort Da ...
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CBRE Vietnam: Co-working businesses in downtown HCMC continue to expand
According to new research by real estate consulting company CBRE Vietnam, more than 4,000 square meters of co-working office space was added in Ho Chi ...
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Capital Place offices in Hanoi will open for leasing in the 3rd quarter
Capital Place, Hanoi’s newest integrated office development will be open for leasing starting in the third quarter of this year and will be open in ...
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HSBC Vietnam launches “Green Loans” for rooftop solar
HSBC Vietnam has launched a new loan program for homeowners in both Ho Chi Minh City and Da Nang to buy and install rooftop solar ...
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AEON plans for third mall in Hanoi and projects 25 stores by 2025
Japanese retail giant AEON has announced that it will build its third mall in Hanoi and will spend $280 million USD on the project, which ...
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How faster deliveries could open the door to on-demand warehousing
As the pressure mounts on retailers and logistics companies to meet ever-faster delivery times, the idea of on-demand space within warehouses is gaining traction. Online ...
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How Singapore’s malls are working up a sweat
Singapore’s Orchard Road has been synonymous with shopping for decades. But lately shoppers are swapping sales for sweat sessions in gyms that are becoming an ...
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Why consolidation is in the air for flexible office space
As flexible space continues to build its presence in global office markets, consolidation between operators of all sizes could help take it to the next ...
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Energy Storage Advances Amp up Real Estate
The fast-developing energy storage market is powering new opportunities for commercial real estate, from diversifying location choices to boosting companies’ revenue and eco-credentials. The technology ...
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Can Singapore’s Changi Airport megamall redefine the retail experience?
Shopping mall landlords are increasingly aiming to offer visitors unbeatable experiences in order to redefine themselves in the age of ecommerce. A $1.7 billion SGD ...
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Hong Kong’s Central tops list of world’s most expensive office markets
Premium office occupancy costs in Hong Kong’s Central now 60 per cent more expensive than New York’s Midtown. Hong Kong's Central has the world's most ...
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Parkson plans to renovate Saigon Tourist Plaza
Parkson Vietnam, the manager of department stores in Ho Chi Minh City, Da Nang and Hai Phong has announced that it will begin the renovation ...
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The new Tan Son Nhat airport terminal moves forward with ACV approved as its investor
The Airports Corporation of Vietnam has announced that it has received approval to be the primary investor in Ho Chi Minh City’s Tan Son Nhat ...
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Long Thanh Airport is in need of foreign experts to help develop its feasibility plan
Vietnam’s Ministry of Planning and Investment has sent a proposal to the Prime Minister to create an appraisal council to create a feasibility study and ...
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Vincom Retail plans to open 13 new malls in 2019
Vincom Retail Joint Stock has announced plans to open 13 new retail centers this year. Tran Thu Hien, deputy general director of Vincom Retail spoke ...
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Indonesia’s Batam Island wants $60 Billion USD in investment to compete against Singapore
Indonesia wants to re-position Batam Island, just 30 kilometers south of Singapore, as an alternative manufacturing and shipping hub that would compete with the city-state, ...
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Vietnam office space remains lucrative as demand increases and supply decreases
At the beginning of 2019, several real estate industry experts were asked to give their opinion and projections on the Hanoi and HCMC office markets ...
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Nguyen Hoang Group to build 10 “International Education Cities” across Vietnam
The Nguyen Hoang Group (NHG), one of Vietnam’s leading private education companies, plans to build 10 “International Education City” (IEC) facilities across Vietnam that will ...
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Vingroup launches 5 new Vincom centers on Christmas Eve
Real estate developer Vingroup successfully launched five new Vincom centers on December 24, Christmas Eve, increasing the number of Vingroup’s commercial centers in the country ...
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Van Don International Airport officially opens
Van Don International Airport in Quang Ninh province was officially opened on December 30th when a Vietnam Airlines Airbus A321 carrying Vietnam’s Prime Minister Nguyen ...
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True Digital Park Bangkok adds 4 Global IT companies as partners
True Digital Park Bangkok, the first global startup destination in Thailand and the largest digital innovation hub in Southeast Asia, has announced that it will ...
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Shanghai and Singapore are Asia’s most expensive cities while China’s luxury market slows
According to the most recent Julius Baer survey, Shanghai is now Asia’s most expensive city to buy six of the 22 items that the survey ...
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Auto industry expansion fuels Vietnam’s industrial real estate sector
Global property management company, CBRE Vietnam has just released a new report that evaluates the impact of growth of the Vietnamese automobile industry on the ...
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Vietnam’s Central Premium Mall and apartments set to open in 2019
Ho Chi Minh City is getting a new shopping center, the Central Premium Mall, in District 8, next year. Set to open in the third ...
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US – China trade war creates opportunities for Vietnam’s real estate market
The US – China trade war would generate more opportunities than challenges for Vietnam’s real estate market, experts said at the recently held, Vietnam Real ...
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VinCity Sportia project launched in Hanoi
Vinhomes a member of property developer VinGroup, has officially launched its new VinCity Sportia project. The project is developed from the dynamic sports city concept ...
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Ho Chi Minh City enters the ‘Top 20” Asia Pacific office rental markets
According the latest report from global property service company, Jones Lang LaSalle, Grade-A office rents in Ho Chi Minh City have reached a five-year peak ...
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Horasis Asia highlights Binh Duong as a magnet for foreign investors
Horasis, the global business and social organization held its Asia conference in Binh Duong from November 25 ~ 27 and more than 500 business, government ...
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JLL named Asia Pacific Facilities Management Company of the Year
JLL has been recognized as the Asia Pacific Facilities Management Company of the Year at the annual Frost & Sullivan Asia Pacific Best Practices Awards ...
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Vietnam wants to develop “Eco-Industrial Parks”
Vietnam’s Ministry of Planning and Investment (MPI) in collaboration with UNIDO, the State Secretariat for Economic Affairs, and the Global Environment Fund, recently held a ...
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Vietnam’s Industrial property boom right on cue
According to Nguyen Thi Thanh Huong, general director of Dai Phuc Land, as the trade war between China and the U.S. escalates, many investors are ...
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Long Thanh International Airport’s land acquisition plan unveiled
Dong Nai Province has unveiled its plans to acquire land for the new Long Thanh International Airport. The plan, approved by the central government, allocates ...
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Where style meets function: Modern office furniture
With today’s office furniture ranging from the gimmicky to the purely functional, the style that companies opt for sends visual cues about their brand, not ...
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Southeast Asia to benefit from industrial investor dollars
China has been stealing headlines as the "market to watch" for industrial and logistics investors for some years, but a number of developing markets are ...
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Tech firms may occupy up to a quarter of office space in Southeast Asia by 2030
As growth in Southeast Asia's online economy gains pace, JLL projects that technology companies will drive office occupancy, potentially accounting for 15 to 25 per ...
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How Asia Pacific is embracing the smart city revolution
In Singapore, ubiquitous lampposts that dot roadsides will soon do more than just light the way for drivers. They’re being turned into a treasure trove ...
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Four ways robots are changing warehouse design
As more robots join the warehouse floor, they’re reshaping the way that the buildings themselves are planned and designed. It’s not just a question of ...
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Is Asia the hottest ticket in real estate?
Investors are increasingly piling into real estate in Asia, where investment volumes this year have hit fresh record highs. Asia Pacific real estate transaction volumes ...
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How technology is driving transparency in real estate
Image credit: JLL AP From buildings filled with sensors tracking employees, to software that monitors reams of leasing documents, new technologies are rapidly being incorporated ...
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What does the future look like for co-working in Asia Pacific?
Asia Pacific's co-working scene isn't just attracting entrepreneurs and start-ups. As collaboration and innovation rise up the corporate agenda, flexible workspace is becoming more of ...
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3D printed buildings push construction boundaries
3D printers may still be a novelty but they’re moving beyond a gimmick as growing numbers of projects experiment with the new technology as a ...
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Doing deals in growth economies remains challenging
Thanks to stable macroeconomics, an attractive demographic window with a rising middle-class, and strong potential capital investment growth, the Vietnamese real estate market continues showing ...
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Foreign Direct Investment (FDI) – 10 years’ reflection and real estate development
Image courtesy of JLL AP Over the past 10 years, despite the ups and downs of Vietnam's economy in general and the real estate market in ...
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Japan and the United States are eager to invest in Vietnam’s infrastructure projects
Vietnam’s plans for building and expanding its airports, seaports roadways and other parts of its infrastructure have attracted the interest of companies in the Japan ...
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HCMC plans for a new Opera House in the Thu Thiem New Urban Area
The Ho Chi Minh City government has submitted a proposal to the HCMC People’s Council to construct a 1,700-seat theatre in the Thu Thiem New ...
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Vietnam’s E-commerce boom is hurting shopping centers and retailers
Commercial shopping centers across Vietnam are having a problem in getting new tenants, as e-commerce shopping becomes the norm, and fewer Vietnamese consumers visit shopping ...
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HCMC to open up Nha Be district urban area for development
Ho Chi Minh City authorities have decided to auction a long-delayed mixed-use property development in the city’s Nha Be District, which will also include a ...
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HCMC’s Tan Son Nhat Airport revisions approved
Vietnam’s Ministry of Transport has approved changes to the expansion plan for HCMC’s Tan Son Nhat Airport. The plan includes a 250-hectare expansion of the ...
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Singapore welcomes smart warehouses
In Singapore, one of the world’s biggest logistics hubs, industrial space is no longer just grubby storage units and greasy machine shops. The fourth industrial ...
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Central Group plans for Vietnam Expansion
Thailand’s largest retail conglomerate, the Central Group has announced plans to invest as much as $500 million USD in order to expand its retail network ...
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Why businesses are paying more attention to Proptech
Written by Dean Koh. In a short space of time, Proptech has moved way beyond the online property listings it first became known for. Companies ...
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Can co-working spaces reinvigorate China’s malls?
Co-working companies are scooping up empty space in China’s shopping malls as the country’s e-commerce boom leads retailers to rethink their bricks-and-mortar strategies. In Shanghai, ...
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Coffee Shop wars continue to brew across Vietnam
Although many people living or visiting Vietnam think that there are more than enough coffee shops to serve the public, local coffee shop chain “The ...
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Historic Cambodia Raffle hotels bought by Lodgis Hospitality Group
Two of Cambodia’s historic landmark hotels, the Raffles Hotel Le Royal Phnom Penh and the Raffles Grand Hotel d’Angkor Siem Reap, have been bought by ...
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Vietnam’s Vingroup enters the “Affordable Housing market “
Vingroup, Vietnam’s largest property developer has announced that its Vinhomes subsidiary will move into the affordable housing segment and develop affordable properties. In its public ...
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Can Ho Chi Minh City become a regional trade hub?
Can Ho Chi Minh City become a regional trade by 2025? That is the question that both business and government officials have been asking themselves ...
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Vietnam’s Condotel market heats up in 2018
Vietnam’s “Condotel” market is a hot topic among real estate developers, property owners, travel agencies and government officials as increasing numbers of international tourists visit Vietnam. By definition, “Condotels” are condominiums that are operated as hotels, with owners allowed to make their units available for short-term rentals.
Singapore’s CapitaLand expands into Vietnam’s commercial property sector
Vietnam is accelerating the construction of solar power plants to make up for an anticipated power shortfall due to the recent cancellation of two nuclear power projects that had been expected to generate power by 2030.
Blockchain is changing the Real Estate industry
Although normally associated with crypto-currencies, Blockchain is a secure ledger system and it’s a technology base has the ability to evolve and transform a variety of business and it has the power to reinvent the property sector. Understanding why is far from simple since Blockchain technology is complicated.
2020 Vision – Metro line and Integrated Business Park
How will the introduction of new Metrolines and Integrated Business Parks change the way we work, live and play? Both Ho Chi Minh City (HCMC) and Hanoi reported strong launching and sales activity in the first quarter of 2017. New launches came on a citywide and segment-wide manner in both main markets, and sales continued to respond positively to the new supply.
42 Banks Will Provide Home Purchase Loans
42 commercial banks are now eligible to provide loan guarantees for future home purchases, according to a recent circular of The State Bank of Viet Nam (SBV). The list includes both domestic and international banks and includes the following entities
HCMC Metro Line # 2 ~ Over Budget & Over Time
The project was approved in 2010 and was expected to cost of $1.4 billion USD with completion expected in 2020. Currently the project is expected to incur cost increases during its building phase that will increase its costs to $2.1 billion USD.
500 Extremely Delayed Property Projects cancelled in HCMC
Saigon – The HCMC government has revoked the licenses of 576 long-stalled property projects over the past five years, thus taking back around 5,900 hectares of land.
Real Estate Giant – Becamex IDC offers 311.2 million shares at IPO
Becamex IDC Corporation—one of Vietnam’s leading property developers—plans to put 311.2 million shares…
Higher Tax on Second Homes in Saigon
Higher tax on second and subsequent homes should be applied as proposed by The HCM City People’s Committee to the Ministry of Construction.
Regulation on officetels and condotels in HCM City to be implemented
In recent years, apartment projects with condotels or officetels have seen strong growth in the city.
CapitaLand Vietnam took home GoHome Awards 2017
This year’s GoHome Awards 2017 held in Hong Kong featured CapitaLand Vietnam’s victory as the “Best Overseas Property Developer (Vietnam)”, standing out from a crowd of accomplished competitors.