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TOP 10 FLEX SPACE MARKETS IN APA

TOP 10 FLEX SPACE MARKETS IN APA

Flexible space continues to proliferate across Asia Pacific, reaching a total footprint of 54 million sq. ft. as of March 2019, accounting for more than 3% of total office stock. Shanghai still possesses the largest volume of flexible office space but Indian and Southeast Asian markets are recording the fastest growth. As flexible space operators […]

Hanoi office rental yield highest globally

Hanoi office rental yield highest globally

Hanoi offered the highest grade A office rental yield in the world last year — 8.57 percent, a Savills report said. This was the third straight year the Vietnamese capital ranked top, according to the British property consultancy, which used data from the second half of 2018.   Hanoi recorded a 3 percent year-on-year increase […]

HCM Metro Ben Thanh – Suoi Tien ready next year

HCM Metro Ben Thanh – Suoi Tien ready next year

HCM Metro Ben Thanh – Suoi Tien ready next year Construction of HCM City’s first metro line from Bến Thành market in District 1 to Suối Tiên Tourist Park in district 9 is expected to be completed by the end of 2020, leaders of the city People’s Committee said after visiting the construction site on […]

List of 20 most expensive Southeast Asian cities Hanoi, HCMC among

List of 20 most expensive Southeast Asian cities Hanoi, HCMC among

Hanoi, HCMC among 20 most expensive cities in Southeast Asia A new index puts Hanoi 13th and HCMC 15th on the list of 20 most expensive Southeast Asian cities. The new Cost of Living Index for the region has been compiled by Numbeo.com, the world’s largest database of user contributed data about cities and countries […]

Northern Vietnam casino reports first profit in three years

Northern Vietnam casino reports first profit in three years

Northern Vietnam casino reports first profit in three years   Royal Casino, the largest in the northern Quang Ninh Province, last year reported a profit for the first time in three years. Royal International Corporation, its operator, said revenues grew by 48 percent from the previous year to VND288 billion ($12.39 million), and profit after […]

How to invest when real estate market slowing down?

How to invest when real estate market slowing down?

The Vietnam’s real estate market has clearly seen signs of a downturn in many segments since the beginning of 2018. So how to gain profit from your realty investment? According to Tran Khanh Quang, General Director of Viet An Hoa Real Estate Company Segments with the clearest signs of downturn include apartment, landed house and […]

Vietnam wants urban residents to pay bills without cash

Vietnam wants urban residents to pay bills without cash

The Vietnamese government wants cashless transactions made viable for all household bill payments by the end of this year. A recent government resolution on changing the business environment to improve competitiveness and labor productivity contains a push to accelerate use of cashless transactions.   Provincial and municipal leaders have accordingly been tasked with instructing all […]

Land fevers, bubble fears: a 2018 Vietnam real estate review

Land fevers, bubble fears: a 2018 Vietnam real estate review

Sustained land fever in HCMC and proposed SEZ areas has sparked fears of a cyclical bubble and other challenges. There was no let up in the land fever that lasted throughout 2017 in HCMC, with real estate prices continuing to rise in the first quarter of this year. The situation has also been true of […]