Home Real Estate

Ghost villas in Ho Chi Minh City

Dec 6th at 12:59
06-12-2016 12:59:01+07:00

Ghost villas in Ho Chi Minh City

Although the real estate market in Ho Chi Minh City has been warming up in the last two years, there are still hundreds of ghost luxury villas.

With the lion’s share located in Districts 2 and 9, these villas are in projects having completed infrastructure and favourable sites. The villas are sold out at the price range of VND5-20 billion ($220,478-881.912) apiece, however, only a few homeowners have already moved in, while the remaining units are abandoned and covered by grass and moss.

Besides, numerous projects, namely Bac Rach Chiec, Bach Khoa, and Dong Thang Long, in other districts also share similar fates.

vir

MOST READ

NEWS SAME CATEGORY

Vietnam's property giant Vingroup decides to tap affordable apartment market
REAL ESTATE Dec 5th at 13:21

Vietnam's property giant Vingroup decides to tap affordable apartment market

Vietnamese conglomerate Vingroup has unveiled its new affordable property brand Vincity, which develops apartments for lower-income earners.

Quang Ninh – a magnet to real estate firms
REAL ESTATE Dec 5th at 10:26

Quang Ninh – a magnet to real estate firms

With great strengths in many fields, the northern coastal province of Quang Ninh has become an attractive investment desitnation for domestic and international real...

Danang resort uncontested world leader for three years in a row
REAL ESTATE Dec 3rd at 19:14

Danang resort uncontested world leader for three years in a row

Early this month, InterContinental Danang Sun Peninsula Resort of leading Vietnamese real estate developer Sun Group has again been honoured by the World Travel...

Bora Bora tower making waves in real estate market
REAL ESTATE Dec 2nd at 13:12

Bora Bora tower making waves in real estate market

Customers have shown strong interest in luxury apartments in the Bora Bora Tower by Kusto Home, judging by the participation and number of booked condominium at the...

Geotechnical firms build local base
REAL ESTATE Dec 2nd at 13:10

Geotechnical firms build local base

Intrigued by Vietnam’s planned emphasis on infrastructure development, foreign geotechnical firms are flocking to the country in increasing numbers.

Vingroup subsidiary eyes $40.25 million Can Gio golf project
REAL ESTATE Dec 1st at 13:01

Vingroup subsidiary eyes $40.25 million Can Gio golf project

Can Gio Tourist City (CTC), a Vingroup subsidiary, may be allowed to develop the Can Gio Golf Club project with the total capital of VND900 billion ($40.25 million)...

Sun Group to introduce residence and trade complex
REAL ESTATE Nov 30th at 13:41

Sun Group to introduce residence and trade complex

Sun Group will introduce the Grand City Ancora Residence apartment and trade complex to the public at a ceremony at Melia Hotel in Ha Noi on December 11, 2016.

Phu My Hung sells 90 per cent of condos in phase 2
REAL ESTATE Nov 30th at 13:35

Phu My Hung sells 90 per cent of condos in phase 2

More than one month after the highly successful first phase of sales of its hot project, Saigon South Residences, Phu My Hung Development Corporation on Sunday...

New loan packages for social housing
REAL ESTATE Nov 26th at 12:45

New loan packages for social housing

Two new preferential loans, unrestricted by scale and deadline, for social housing and cheap commercial housing projects will be provided to low-income earners. The...

Property market expected to grow next year
REAL ESTATE Nov 26th at 12:42

Property market expected to grow next year

Property experts forecast that the real estate market of Viet Nam would continue to be on a solid growth next year, driven by the improved macro-economy and...

Read More

Real estate stocks

Construction stocks

MOST READ

Back To Top