The Metropole Thu Thiem

Land hike shock deemed necessary

An adjusted land price list in Ho Chi Minh City is set to bring higher compensation for around 80,000 households whose land will be recovered for various projects, but it is also expected to drive up real estate prices. On August 28, Nguyen Toan Thang, director of Ho Chi Minh City Department of Natural Resources […]

Metro lines push up real estate prices

In Ho Chi Minh City, high-end apartment projects are densely concentrated along both sides of the route parallel to Hanoi Highway. Several projects have been completed, while others remain under construction, all within the high-end segment. Current selling prices range from $4,000 to over $10,000 per square metre, compared to their initial prices of $1,600 […]

Let foreigners buy resort property, says developer

Foreigners should be allowed to buy resort property in Vietnam, not just residential units, in order to draw foreign currency and promote tourism, a Sun Group executive has proposed.Many foreigners want to own resort property in Vietnam, and many foreigners are already doing so in Singapore, Malaysia and Thailand, said Nguyen Thai Hoai Anh, deputy […]

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