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[2009-05-22] HCMC Industrial Zone to provide accommodation for thousands
HCMC Industrial Zone to provide accommodation for thousands
(Listed May 22, 2009)
The Vinh Loc Industrial Zone in Ho Chi Minh City has said it will provide accommodation for 3,500 workers next year.Nguyen Tien Trung, general director of the zone's managing company of the same name, made the announcement yesterday to a group of representatives from the Economic and Budget Board of the HCMC People's Council.Construction on three blocks, with 472 apartments in total, will begin in May and Septem... |
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[2009-05-22] Ben Cat faced sluggish investment projects to basic construction
Ben Cat faced sluggish investment projects to basic construction
(Listed May 22, 2009)
In 2009, Ben Cat district aims at VND204,529 million invested to construction. Of the fund, VND42,350 million was carried forward from 2008, the rest of the fund is from constructive lottery, focal construction funds and entrepreneurs’ investment-oriented capital.Local People’s Committee reported that construction has consumed VND35,073 million and been paid VND14,400 million. At the May 19th me... |
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[2009-05-21] Ground broken for office building in Nhon Trach
Ground broken for office building in Nhon Trach
(Listed May 21, 2009)
A local-foreign consortium began work yesterday on a 15-story office building as part of a broader property project called Nhon Trach City Center (NTCC) in the southern province of Dong Nai.Trinh Ngoc Hai, general director of Sunco Construction and Trading Joint Stock Company, said Sunco and its Malaysian partner Sova Holdings Sdn. Bhd. would spend some US$47 million on four blocks of 13-story apartment buildings, sport cent... |
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[2009-05-21] New resort complex opens in Nha Trang
New resort complex opens in Nha Trang
(Listed May 21, 2009)
A 4.7-hectare luxury playground was officially opened on Hon Tam (Silkworm Island) off Nha Trang on Tuesday.The US$20 million Life Paradise complex features restaurants, resort-style accommodation, a 2,700-square-meter pool and beach volleyball, football and watersport activities.Life Paradise is the fourth high-end resort on Hon Tam, four kilometers from the mainland. The island is considered a tropical paradise for its long beaches... |
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[2009-05-21] Supply of retail premises to increase, prices to remain same
Supply of retail premises to increase, prices to remain same
(Listed May 21, 2009)
The total area for retail premises in HCM City by early 2009 had reached 210,323 sq m, with 17 trade centres.More supplyOnly one building, Saigon Paragon in district 7, has become operational so far this year. Opened in March, the trade centre with 21,229 sq m of floor space has attracted a series of big brand names like Givenchy, Jean Paul Gautier, Thierry Mugler, Giorgio Armani and Omega.It is expected that tw... |
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[2009-05-21] HCMC seeks approval for $95.6 million underground car park
HCMC seeks approval for $95.6 million underground car park
(Listed May 21, 2009)
The Ho Chi Minh City People's Committee has requested that the Ministry of Planning and Investment consider granting an investment certificate for an underground car park project in the city.The project aims to build a multi-storied underground parking lot in District 1's Le Van Tam Park.It will have eight floors with a total area of more than 103,200 square meters. Five floors will be used for car parking and te... |
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[2009-05-20] Phu My Hung to sell nature-friendly Riverpark Residence apartments
Phu My Hung to sell nature-friendly Riverpark Residence apartments
(Listed May 20, 2009)
The Phu My Hung Corporation said it will start selling 290 apartments of the Riverpark Residence complex at the beginning of July.The project, designed by Germany-based Axel Kom Architektur, covers an area of 17,000 square meters and consists of three blocks, ranging from 13-26 stories, with 336 parking stalls for cars and 795 for motorbikes. There is also a shopping area with 14 stores.The complex is loc... |
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[2009-05-20] HCMC gets nod to choose contracts for nine projects
HCMC gets nod to choose contracts for nine projects
(Listed May 20, 2009)
Prime Minister Nguyen Tan Dung has granted the Ho Chi Minh City People's Committee the right to choose contractors for nine projects.The committee said the projects included the construction of the Ba Bo Canal including a reservoir, the main route and its branches; the buying of a couple of white tigers for the HCMC zoo; and the building, leveling and providing of facilities for four sports nails - Tan Binh, Van Don, Ph... |
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[2009-05-20] Nha Trang recognised as first-tier city
Nha Trang recognised as first-tier city
(Listed May 20, 2009)
A ceremony was held in the central province of Khanh Hoa on May 18 to announce the Prime Minister’s decision to recognize Nha Trang as a first-tier city.At the ceremony, deputy Prime Minister Pham Gia Khiem announced the decision to the leaders of Nha Trang city, and highlighted the efforts made by the provincial leaders and people in turning Nha Trang into a first-tier city.The Deputy PM asked Khanh Hoa province and Nh... |
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[2009-05-20] Coercive land clearance for the complex infrastructure
Coercive land clearance for the complex infrastructure
(Listed May 20, 2009)
Under provincial People’s Committee, coercers including Tan Uyen functional agencies carried out coercive land clearance towards some households in Tan Vinh Hiep commune due to their time-consuming delays, negatively slowing down rate of such important works like resettlement areas, water drainage… under the project of Industrial- Service-Urban Complex. The project was launched in 2004 and received lots o... |
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[2009-05-19] Real estate market report (May 8th, 2009 – May 14th, 2009) Getting confused with se
Real estate market report (May 8th, 2009 – May 14th, 2009) Getting confused with serviced fees for apartments
(Listed May 19, 2009)
Trước việc chính quyền các địa phương vẫn chưa thể ban hành khung phí dịch vụ nhà chung cư theo quy định tại Thông tư 01/2009/TT-BXD (có hiệu lực từ ngày 12.4.2009), nhiều người đặt lại vấn đề nên hay không nên việc Nh&agra... |
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[2009-05-19] Credit flow warming real estate market
Credit flow warming real estate market
(Listed May 19, 2009)
It is still too early to talk about the recovery of the real estate market. However, experts say that the stronger credit flow is warming up the market.Market warming upThe real estate market now has opportunities to improve liquidity.Credit growth has been increasing steadily with the credit by early May having increased by 11% over the end of 2008. Nearly VND280 trillion worth of loans under the interest rate subsidy programme have... |
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[2009-05-19] Winning bidder retreats in ‘golden triangle’ controversy
Winning bidder retreats in ‘golden triangle’ controversy
(Listed May 19, 2009)
The winning bidder of a prime land lot in downtown Ho Chi Minh City has withdrawn from the project after the Government Inspectorate proposed to the central government that the auction results are annulled.The so-called “golden triangle,” a 13,000-square-meter plot located between Tran Hung Dao, Pham Ngu Lao and Nguyen Thai Hoc streets in District 1, was planned as a trading area with office... |
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[2009-05-19] City residents ditch flats as villa rental costs drop
City residents ditch flats as villa rental costs drop
(Listed May 19, 2009)
Rent for villas in HCM City dropped recently due to oversupply and the world recession.In the south of HCM City, rent has dropped by around US$500 per month.The cost to hire a fully-equipped 126 sq.m two-floor villa in District 7 fell from $2,000 to $1,500 per month.Quitting apartments"At the beginning of 2008, it cost $3,000 to hire a 100 sq.m luxury apartment in the Phu My Hung area, but now you can get a 300 sq.m l... |
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[2009-05-19] Becamex City Center construction complex boosted up
Becamex City Center construction complex boosted up
(Listed May 19, 2009)
After over 3 months of construction, Becamex City Center – the biggest project ever invested by Becamex IDC, has been on bright prospect.7 floors of the 15-storey high class apartment bloc New Horizon has built at the pace of 1 storey per week. The construction is expected to be put into operation by the first quarter of 2010. Up till now, all the apartments are contracted.As for the 23-storey Becamex Tower, drivi... |
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