Hanoi hands out red books to foreigners

Feb 18th at 13:43
18-02-2020 13:43:43+07:00

Hanoi hands out red books to foreigners

Six foreign organisations and 35 foreigners were granted red books to purchase a number of apartments in Hanoi.

Hanoi hands out red books to foreigners

Hanoi Department of Construction has published the list of six foreign organisations and 35 foreigners who received land use right certificates (red books) from the local Department of Natural Resources and Environment. The recipients are almost exclusively South Korean.

The list of apartment projects where these rights were provided includes Vinhomes Sky Lake in My Dinh 1 commune, Vinhomes Green Bay in Me Tri commune, Sapphire 1 and Ryby 1 buildings at the office and apartment building at 136 Ho Tung Mau street.

Other buildings include the Booyoung building in Mo Lao new urban area, the CT01 building in Ha Cau commune, Vinhomes Metropolis in Lieu Giai, Eco Lakeview in Hoang Mai district, and R5 building in Vinhomes Royal City in Thanh Xuan district.

Previously in November 2019, Hanoi Department of Construction announced a list of 16 housing projects in which foreigners can buy.

Among those, four projects in Hadong district are Ngan Ha, Him Lam Van Phuc, Hoang Thanh City, and one invested by Linh Chau Investment and Trading JSC.

Two projects are located in Thanh Xuan district, one at 2A on Ha Dinh street and the other at 44 on Trieu Khuc street. Long Bien district has three projects, including B8.NXH apartment block, CT15 apartment block, and Mipec Riverside. Two projects in Cau Giay district are Dreamland Plaza and a building at 265 Cau Giay street.

The five remaining projects comprise of one in Ninh Hiep commune in Gia Lam district, Goldmark City project in North Tu Liem district, Hai Dang City in South Tu Liem district, the project to rebuild a residential area at 30A Ly Thuong Kiet street in Hoan Kiem district, and a building at 16 Lang Ha street in Dong Da district.

VIR





NEWS SAME CATEGORY

Hanoi grants property certificates to foreign institutions, individuals

Vietnam has for years allowed foreign institutions and individuals to buy and own houses, but few people have succeeded in winning the ownership certificates.

Wading through current condotel entanglements

The condotel market has been stagnant for the last two years and many developers are falling on hard times. Kevin B. Hawkins, co-executive partner from Zico Law...

Condotel buyers to be granted land use rights, ownership certificates

The Ministry of Natural Resources and Environment has written to its subordinates across localities calling for the issuance of land use rights and ownership...

Rising tourist arrivals in Ba Ria-Vung Tau underline need for recreational properties

Given the surging demand for tourism in Ba Ria-Vung Tau, especially during major holidays, the hospitality sector may soon find itself overloaded.

Vietnam condotel owners to get title deeds

Condotel owners are finally set to get titles to their properties with the government issuing guidelines to local authorities for the purpose.

Real estate market scenario for 2020: capital flows continue to suburban eco-cities

With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected...

What drives Vietnam real estate companies to explore opportunities in foreign markets?

The most obvious benefits of offshore investment include assisting domestic real estate businesses to diversify their portfolios, increasing cooperation...

HCMC, Hanoi office space among Asia Pacific’s most sought after

HCMC and Hanoi were among the best office markets in terms of investor returns across Asia Pacific last year thanks to rising rent and occupancy.

New document released to regulate use of non-residential real estate

The Ministry of Natural Resources and Environment (MoNRE) has sent a document to local departments to regulate the use and certification of non-residential real...

Property industry business group calls on HCM City to ease developers’ pain

The HCM City real estate market is facing several problems including multiple agencies having overlapping functions and other administrative bottlenecks, high...

Real estate stocks

Construction stocks


MOST READ


Back To Top