Sunshine Venicia, a super-luxury condo project in District 2 of Sunshine Group – one of Vietnam’s leading real estate developers – will be rolled out to the market in April. As the group’s most premier development in Ho Chi Minh City, Sunshine Venicia features a complimentary design that gives 100 per cent of the apartments 6 to 12 light-receiving surfaces.
Real estate developer Novaland has received the second disbursement from a $250 million syndicated secured term loan.
Novaland on March 26 announced that it continues receiving capital from an international financial institution by the second disbursement of $101 million of the $250 million inaugural syndicated secured term loan facility.
Landlords are reporting plunging revenues as occupancy drops and struggling tenants seek discounts over coronavirus impacts.
The HCM City real estate market provides more housing projects and subsidises rentals to boost the market amid the Covid-19 epidemic.
Tax incentives for developers of social housing projects for lease should be made clear and consistent to encourage private investment in the segment, according to the HCM City Real Estate Association.
Kim Thanh has been struggling recently to look for long-term tenants for a condo that she rents for short-term stays in Ba Dinh District in Ha Noi.
The demand of enhancing collaboration and productivity are encouraging many companies and organisations to approach more progressive fit outs and flexible office spaces in Vietnam, especially as coronavirus spreads worldwide.
With the tourism real estate market almost frozen after the collapse of luxury resort project Cocobay and the harsh impact of COVID-19, good news has come recently in the form of a new document issued by the Ministry of Natural Resources and Environment meant to guide the land use regime and ownership certification of non-residential construction works.
The COVID-19 pandemic has become a new challenge for property brokers who have been facing many since last year due to the low supply in the market.