Best Western Premier Sonasea, the newest beach resort on Vietnam’s famed tropical island of Phu Quoc, is set to open on January 15, 2019.
CapitaLand and Ascendas-Singbridge from Singapore entered a S$11 billion ($8.13 billion) deal to create Asia’s largest diversified real estate group.
In addition to focusing on housing by introducing about 4.400 units, Novaland is set for a major foray into tourism, with 2,300 hospitality units and a tourism service ecosystem on the anvil.
Property developer Alpha King Real Estate Development on Friday opened its sales centre and cultural hub in HCM City’s District 1.
Viet Nam’s real estate market will see strong development in the middle-end apartment segment, according to experts.
Property developer Novaland Group on Friday said in addition to focusing on housing, it plans to develop its tourism business called NovaTourism.
Foreigners have been growing more interested in buying houses in Vietnam despite obstacles in ownership.
High-end apartment projects are favoured by foreigners looking for property in Vietnam.
Property developer BIM Group will officially launch InterContinental Phu Quoc Long Beach Resort in the southern province of Kien Giang on January 11.
HCMC Chairman Nguyen Thanh Phong on January 8 told the local media that he had urged the relevant departments and agencies to accelerate a review of the legal documents of seven projects developed on prime land sites in Phu Nhuan District. The city government had earlier put on hold the conversion of the land use purpose at these sites in line with the State Audit of Vietnam’s request.