Monthly Real Estate News | April 2016 by Vietnam Realty

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Daily Real Estate News Highlights Vietnam - 01 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

PDR: will pay debts for DongA Bank Vnexpress

At the annual shareholders meeting 2016, Phat Dat real estate company’s board of directors announced to pay from VND 500 bln to VND 1 trillion to DongA Bank, the biggest lender of EverRich 2 project in 2016 to reduce bank’s debts. Currently, the project has been renamed as River City An Gia and cooperates with Japanese investment fund, plans to sell more than 1,000 units in 2016. Be vibrant in the Eastern region

EverRich 2 Project

Bnews

In the forecast on housing market, experts said that 2016 will definitely see a livelier market in East Saigon. Many segments from land lot, townhouse, villa to apartment will see more sales launched to the market, thanks to improved infrastructure, and more abundant land fund in District 9 that attract investors. For example, Nam Long Group is preparing to launch the sales of Flora Anh Dao. Property firms, steel producers boost markets

Flora Anh Dao Project

Bizhub

Vietnamese shares rose on both local markets this morning, as property developers and steel producers advanced. The property sector was lifted by Phat Dat Real Estate Development JSC, which jumped 4.2% after the company targeted earnings this year that are nearly double of last year’s figures. In addition, steel producers made gains on expectations that their businesses would grow this year. Hanoi property investors plan to change taste Vnexpress

Facing the change of secondary investors, property firms struggle to renovate products or launch new ones for sales. Aside from the essential apartment segment which has supported companies to overcome years of crisis, starting late year-end, many developers have launched new products like shophouses at Vinhomes Gardenia My Dinh, Five Star My Dinh, Times City Park Hill, etc. An Duong Thao Dien Real Estate Trade Company has set a target Viet Stock

An Duong Thao Dien Real Estate Trade Company (HAR) has set a target of obtaining high revenue of VND180 billion in 2016, a year-on-year rise of 163%, and net profit of VND48 billion, up 289% which increase 3 times compared to the last 3 years through the business plan.

For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ©2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 04 April 2016

Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Sun Group Phu Quoc paradise sees resounding success on the first sales Bao Moi

March 27 marked the launch of sales of condotels and villas at two hospitality real estate projects in Phu Quoc island developed by Sun Group. The launch attracted 500 domestic and foreign investors interested at exploiting a golden opportunity. Just on the first day of sales, Sun Group sold 80 condotels in Premier Residences Phu Premier Village Phu Quoc Resort Quoc Emerald Bay and 30 villas in Premier Village Phu Quoc Resort. First 5-star resort opens in Cam Ranh bay Vietnam Investment Review

Cam Ranh Riviera Beach Resort & Spa has officially announced opening for operation from April 1, 2016. This is the first 5-star resort and spa in Long Beach. Cam Ranh Riviera Beach Resort & Spa is also an ideal destination for family vacations with a range of daily activities for both adults and children. HBC wins two contracts worth VND1400 bn

Cam Ranh Riviera Beach Resort & Spa

Nguoi Dong Hanh

Gamuda Land Vietnam recently assigned Hoa Binh Company as as the main contractor of Design & Build for the high-rise apartment building CT2 (Hanoi’s Hoang Mai District), worth over VND730bn. The project is expected to be finished in February 2018, and comprises of a basement floor, a L-shaped tower, and 550 apartments. HAGL attempts to offset home losses by foreign expansion Bao Moi

Hoang Anh Gia Lai Group (HAGL) continues to expand to foreign markets in the context of its troubling business results at home. On March 19, HAGL held the ground-breaking ceremony for the second phase of HAGL Myanmar complex in Yangon city, representing the total capital of $230 MN. 35% of the investment capital, equalling $80.5 MN, was provided as a loan from BIDV. Boon for Vietnam property market as more overseas cash goes home Bao Tuoi Tre

Encouraged by an easing of real estate laws and a thriving economy, the overseas Vietnamese are sending record homebound remittances and adding impetus to a property sector now undergoing a boom after emerging from the doldrums. House and condominium buys - in cash - will bolster the market recovery just as the State Bank of Vietnam (SBV) prepares to tighten criteria on domestic home loans.

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Daily Real Estate News Highlights Vietnam - 05 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Reasons distributing to the value of Diamond Island Cafef

Kusto Home sets the new standards of high-class life style in HCMC with Diamond Island project, is seen as ‘high-class’ project in HCMC. With many years experiences in investing in many countries and various fields in Vietnam, Kusto Home thinks that creating an international community which emphasizes on the humanity, the values of family and nature is the core value for the sustainable growth. Phong Phu-Daewon-Thu Duc starts construction of Green Royal City-the most typical project of Vingroup Pearl residential project Vietnam Investment Review

Phong Phu-Daewon-Thu Duc Housing Development JSC in April started construction of the Green Pearl project in Hai Ba Trung district of Hanoi. Saigon-Hanoi Commercial Joint Stock Bank is going to provide finance for the project and for homebuyers. Green Pearl marks a new step in the development emphasising the project’s prime location in the middle of the city, close to major schools, Industrial Real Estate model hospitals and malls. HCMC Announces 31 Projects Qualified to Sell and Rent on Paper Bizlive

HCMC Department of Construction recently announced the list of projects that are qualified to sell and rent future-formed housing products from July 1, 2015 to March 28, 2016. In accordance, there are 32 qualified projects including 9436 apartments, 957 townhouses and 306 villas. Hanoi, Ho Chi Minh City real estate markets remain attractive Vietnam Net

Last year, the retail markets in Hanoi and Ho Chi Minh City each recorded 150,000 m2 of net leasable area. Most projects in the central business district of both cities performed better than the average market thanks to their targeted high-end consumers. Thus, a rise in future average rents is expected but at a conservative pace. Does real estate really see big profits? Thoi Bao kinh Doanh

The profit picture of property firms last year had many bright spots in term of revenue and profit growth. However, financial and banking costs are following upward trend, so achieving profit target this year was difficult. In 2015, some property giants still maintained impressive revenue and profit growth. However, many other property companies have not yet escaped from hardship, minus revenue growth and great losses. For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ©2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 6 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Green urban areas lacking: architect Bizhub

Viet Nam needs to have detailed criteria and policies that promote the development of green urban areas to improve living standards. Both investors and residents were not sufficiently aware of “green urban areas,” while profits rather than the long-term interests of the community remained a higher priority. Projects attract customers with unique promotions

Green Urban Area

Vn Media

Many home-buyers are pretty surprised when the investor Gamuda Land Vietnam announces the promotion ‘buy villa, get apartment’, which allow customers who buy a villa in Gamuda-backed project will also receive a free apartment. This act of Gamuda Land manages to provide good results in liquidity of the villa and terraced housing segment in recent time. Real estate startups soar

Gamuda Garden Project

The Saigon Times

The real estate sector had nearly 600 firms newly established in the first quarter this year, up a staggering 146.3% year-on-year, according to the Business Registration Agency under the Ministry of Planning and Investment. The sectors attractive to laborers included processing and manufacturing with more than 169,600 workers; wholesale, retail and repair of automobiles; construction and transport and storage. Private developers lead way in VN Vietnam Investment Review

Last year, the retail markets in Hanoi and Ho Chi Minh City each recorded 150,000 m2 of net leasable area. Most projects in the central business district of both cities performed better than the average market thanks to their targeted high-end consumers. Thus, a rise in future average rents is expected but at a conservative pace. M&As pave way for projects Vietnam Investment Review

Real estate developers are raising their land funds via mergers and acquisitions as well as stock purchases, instead of conducting land clearances and compensation, which often take time and money. foreign developers in particular are using mergers and acquisitions (M&As) and buying stakes to raise land funds.

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Daily Real Estate News Highlights Vietnam - 7 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Keppel Land’s subsidiary exits Vietnamese joint venture Vietnam Investment Review

Singaporean developer Keppel Land Ltd’s subsidiary, Palmsville Investment Pte Ltd, has sold the 70% stake it had in the joint venture Quang Ba Royal Park Joint Venture Company Ltd to BRG Group for VND492 mn, subject to post-closing adjustment. In Vietnam, Keppel Land has a diverse portfolio of properties comprising offices, residences, serviced apartments and integrated townships. PPC An Thinh Danang launches five-star hotel and luxury apartment complex

Project of Keppel Land

Vnexpress

Vietnamese real estate developer PPC An Thinh Danang Joint Stock Company has launched the implementation of its five-star hotel and luxury apartment complex project “Anh Duong Soleil Danang”. The project has the total capital value of approximately VND10 trillion. VietinBank took on the mantle of sponsor in providing credit for the project as well as benefit guarantees for customers. Will HCM City become a special economic zone

Five-star hotel and luxury

Vietnam Net

At that time, HCM City was proposed as one of three places in Vietnam where the special economic zone would be formed. Roadmap for the project to establish the special economic zone in HCM City is expected to undergo four stages. The first phase (2014-2015), the second phase (2016-2018), the third phase (2018-2025) and the fourth phase (2025-2035). More affordable high-quality office in 2016 Vietnam Investment Review

At its April 5 press conference reviewing the first quarter of Hanoi’s property market and provide forecasts for 2016, it was expected that approximately 290,000 m2 would come on stream throughout the year. However, no new Grade A buildings are on sight. By the end of the first quarter, the total office space in Hanoi reached approximately 1,158,000 m2 of which Grade A and Grade B offices. Da Nang sets ambitious tourism goal Vietnam Plus

Da Nang is striving to build itself into a resort paradise and a safe, friendly destination. Deputy Director of the municipal Department of Culture, Sports and Tourism Tran Chi Cuong said the city aims to turn tourism into a spearhead of the local economy from 2016 to 2020. The city will strive to create unique and highly competitive tourism products in line with cultural values and environmental protection. For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ©2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 8 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Sacomreal announced the 5-year strategy and 20 strategic partners Nguoi Lao Dong

Saigon Thuong Tin Real Estate JSC and Colliers Internation Vietnam officially became strategic partners of each other in the 5-year strategy (2016-2020) of Sacomreal. With this cooperation, Sacomreal will gain a competitive advantage compared with opponents such as land and proactive project development funds,to be offered Colliers International Vietnam Real Estate Service Company products and services at the best price on market. Superior investment opportunities at Vinpearl Da Nang Riverfront Condotel Bat Dong San

Demand for industrial real estate is growing on the back of Vietnam’s entry to international and regional trade agreements. According to the experts, the industrial real estate market is expected to be busy, as more multinational corporations expand their operations in Vietnam to tap the Trans-Pacific Partnership and other trade benefits, as well as the emergence of e-commerce.-VNA. Syrena Viet Nam wins brand award

Vinpearl Da Nang Riverfront Condotel

Bizhub

Syrena Viet Nam Development Investment Jsc., a member of the multi-sector BIM Group, on April 2 received the Viet Nam Strong Brand Name 2015 award. The annual award was given by the Viet Nam Economic Times in coordination with the Viet Nam Trade Promotion Agency under the industry and trade ministry to recognise businesses with huge achievements and contributions to the economy. Binh Dinh attracts over 137 mln USD in investment in Q1 Vietnam Plus

The central province of Binh Dinh granted eight investment certificates and issued new business certificates to 167 enterprises with total registered capital of over 3.16 trillion VND in the first quarter of this year. So far, Binh Dinh has attracted 59 foreign-invested projects worth USD554 Mn. Foreign investors eye Thu Thiem golden land Vietnam Net

The HCM City Technical Infrastructure Investment JSC (CII) had a meeting with investors and shared information about its real estate project in Thu Thiem. CII General Director Le Quoc Binh revealed, foreign real estate investment funds are hunting for land in Thu Thiem. The reason for this wave is the shift of capital flows from China to Vietnam. For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ©2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 11 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Flamingo Dai Lai and the Owning the Resort Villas Tendency VCafef

Coming to Flamingo Dai Lai, customers will be enjoyed beautiful natural scenery, fresh air with lots of ultility services of the Resort and the Villas. The first 100 customers will be presented 100 luxurious Mercedes car when buying the 5-star Luxury Golf Villa and 50 SJC when owning Hoang Oanh villa... Gamuda Land Vietnam introduces sample home of The TWO Residence

Flamingo Dai Lai

Bao Tin Tuc

On April 9, at the Gamuda Gardens Club House (Hanoi), the investor Gamuda Land Vietnam will officially introduce the sample apartments of The Two Residence - the second building that is developed by the investor in the closed and high-class township Gamuda Gardens, located in the gateway of South Hanoi. The apartment types include a Studio, a Standard and Dual-Keys. Multi-million-dollar resort booming

Gamuda Garden Project

Vietnam Investment Review

Due to large-scale investments of big players, series of luxury resort real estate projects were consecutively brought into the market only in a short time. The offering event about luxury resort projects of Sun Group in Singapore last month attracted the interest of not only the inhabitants but also the investors there. The group’s resorts p is currently offering its villas in Danang, Khanh Hoa and Phu Quoc. Vietnam to have more real estate investment funds Vietnam Investment Review

Competition is going to heat up among real estate investment funds as Vietnamese developers consider establishing funds to call for capital from small investors. As the State Bank of Vietnam plans to tighten credit for the real estate sector, Vietnamese developers have started to think of alternative ways to mobilise capital for their projects. Real estate business: restrictions for foreign investors Doanh Nhan Saigon

Real estate is one of the areas that attracts great interest from investors in Viet Nam. However, investment in this sector is currently restricted by quite a few regulations, including: Smaller scope of investment compared to domestic investors, restrictions on the number of houses permitted for ownership, and limiting proceeds before buying and selling real estate that will be formed in the future. For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ©2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 12 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Attraction of Sapa Jade Hill Resort Real Estate Vcafef

Modern and eco-lifestyle, striving for a green living environment, is a new trend that is established in mindset about housing of many people, as well as the main trend in planning, design and development of property projects nowadays. This happens especially in villa and terraced housing segments such as Ecopark, Gamuda Gardens, Park City, The Manor Central Park. BCG set itself a profit target of VNĐ75 billion in 2016

Sapa Jade Hill Resort Project

Vietnam News

Bamboo Capital JSC has set itself a profit target of VNB75 bn on consolidated revenues of more than VN01.8 trillion, this year, or year-on-year increases of 26% and 87%. This year the company will also, together with its partners, develop property projects in HCM City, Quy Nhon, including, the four-star Casa Marina Quy Nhon Resort, and a five-star office and hotel building in HCM City’s District 1. Handing over villas and terraced houses is leading trend

four-star Casa Marina Quy Nhon Resort

Kinh Te Do Thi

According to the expert, handing over villas and terraced houses is now the leading trend of Hanoi real estate market. Over 80 future-formed projects in the segment are being planned. In 2016, major projects that will launch to the market. In upcoming quarters, many smaller projects will risk to face pressure from big operational projects with finished infrastructure and facilities. The Smart Apartment near by Tan Son Nhat Airport VnExpress

Botanica Premier project was equipped automatic control systerm and remote security monitoring was installed in each apartment. This project has a total area of 1,7 ha is developed by Novaland Coporation, includes 3 blocks with 20 - floor, providing 912 apartments, 100 offices, commercial area. Apartment has various sizes from 50m2 to 90m2 and be completed basic handover. Corporation 36 to auction 4.3m shares at IPO launch Vietnam News

Corporation 36 will offer 4.3 mn of its shares at the company’s initial public offering on April 14. The shares will be auctioned on the Ha Noi Stock Exchange at a starting price of VND10,100 each. In 2015, the company earned a revenue of about VND3.8 trillion, with revenue growth of 12% per year on average. The company has implemented about 200 projects in 50 provinces nationwide and also in Laos.

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Daily Real Estate News Highlights Vietnam - 13 April 2016 Colliers Internationalâ&#x20AC;&#x2122;s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Mariana Complex bring a lot of opportunities investment to customer Vn Economy

All apartments and villas are designed by intelligent architecture with the garden and the private swimming pool. This project has a clean energy solution, the system is equipped solar panels and wind turbines, which will create the first complex green - clean pattern in the city center of Danang. Experience your Life before Buying The Sun Avenue

Mariana Complex

Vn Economy

Novaland Real Estate Corporation has just launched a new experience package: When buying an apartment at The Sun Avenue, they will be experienced their life within 24 months. The customer can live at Lexington Residence surrounded with lots of utilities such as: swimming pools, gyms, coffee shopes and entertainment centre. Elderly foreigners keen on Vietnamese housing

The Sun Avenue

Vietnam Investment Review

Residential buildings in Vietnam are becoming more attractive to elder foreign investors. According to expert, luxury condominiums in the central business districts are priced at $4000-7500 per m2 in Ho Chi Minh City. The reason for the sudden surge in offshore buyers is that the pricing and value of Vietnamese property is appreciating faster than their peers in Singapore or Bangkok. Empty horizon to heat up office market Vietnam Investment Review

With the growing demand for offices, the limited stock of Grade A and B buildings in the central business districts in Ho Chi Minh City may heat up the competition in the near future. New buildings, such as Vincom Center, Vietcombank, and Bitexco Financial Tower, had a great leasing record since the fourth quarter of 2015, prompting them to mark up rent in the first quarter of 2016. Credit redirected to production, business Vietnam News

Credit this year would be oriented to flow more into production and business instead of non-production industries as done previously. After the steep rise in 2015, credit to construction, real estate and BOT projects can be levelled off this year due to both market conditions and the orientation from the central bank.

For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ÂŠ2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 14 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Thousands view new TWO Residence apartments Bizhub

Gamuda Land Vietnam officially opened three model units at its The TWO Residence – the second apartment development in Gamuda Gardens on Saturday. Visitors could view three show units featuring the designs of The TWO Residence, which including a one bedroom studio, as well as two three-bedroom standard and dual-key rooms. HDBank offers exemptions for Mon City

TWO Residence apartments

Bizhub

HDBank is offering promotional interest rates on loans to buy apartments and houses in Mon City in Ha Noi. They will only be available this month. The promotional rate for apartment buyers is 3.5 per cent, while that for loans to buy houses will be zero for the first six months. For the next six months, the rate will be 8 per cent, before it becomes market-driven. Fitch sets 5 local bank’s ratings

Mon City in Ha Noi

Bizhub

Under a Fitch Ratings press release late last week, the ratings of Agribank, Vietinbank and Vietcombank were affirmed at ‘B+’, while ACB and Military Bank were affirmed at ‘B’. According to Fitch, the ratings were affirmed because Viet Nam’s banking sector was showing initial signs of stabilisation, aided by an improving economy. Eximbank determines to show transparency after reporting losses Bao Dau Tu

Answering reporter about EIB shares put on warning list by HoSE, Eximbank’s chairman emphasized it is just HoSE’s technical operation for outstanding issues in the past and also occurred to listed businesses with accumulated losses in annual financial audit reports. At present, Eximbank’s operations are still normal with positive signs. F.HOME to launch apartment sale Bat Dong San

The Da Nang City’s joint-stock food company Danafood will launch the sale of the last 100 beautiful view apartments of Block A of project F.HOME on April 10. It’s the first condotel design project of the city that offers comfortable and convenient living conditions in the downtown Hai Chau District.

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Daily Real Estate News Highlights Vietnam - 15 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

STDA exclusively distributes Ha Do Centrosa Garden Vietnam Net

On April 5, Ha Do Z756 Saigon and Southern STDA signed an agreement to exclusively distribute the terraced townhouse project Ha Do Centrosa Garden. Southern STDA is a subsidiary under CEN Group - a 14-year-old property firm that provide full-packaged property service package from evaluation, media, distribution to product marketing. Vingroup has started the Construction of Vinpearl Long Beach Villas Project

Ha Do Centrosa Garden

Vn Economy

Vingroup Coporation has officially started the construction of Vinpearl Long Beach Villas project on Bai Dai, Nha Trang. With the total area of 26,2 ha, the project includes 200 villas and ultility systems. The project is on the center of Bai Dai that one of the top beautiful beaches in the world. Transactions of villas, adjoining houses down

Vinpearl Long Beach Villas

Viet Bao

Successful transactions of villas and adjoining houses in HCMC in this year’s first quarter declined by 24% against the previous year. The absorption rate was 22%, down nine percentage points quarter-on quarter and 10 percentage points year-on-year. Singaporean group backs up southern realty project Vietnam Investment Review

Singaporean financial group SynGience signed a contract with local Minh Nguyen Long and L&L-LuckLand yesterday on the development of a property project in District 12 of Ho Chi Minh City. SynGience will pump VND400 billion (USD18.3 million) into DepotMetro Tower-Tham Luong project. Remittances poured to Vietnam increase due to Properties Bat Dong San

According to the State Bank of Vietnam, the amount of remittances in 2016 will increase by more than USD 5.5 billion in 2015. In 2 months of this year, the amount of remittances to HCMC was estimated at about USD900 mn, compared with the same period in 2015, this figure increased slightly.

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Daily Real Estate News Highlights Vietnam - 19 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Sales launch: Vinhomes Golden River Vietnam Investment Review

The first special event organised to introduce Vinhomes Golden River project in Ho Chi Minh City. The event aims to provide a close look at Vinhomes Golden River, one of the major projects in 2016. Vinhomes Golden River has a total area of 25.3 ha, is planned under riparian ecological urban model. Boom of investment trend in office-tel

Vinhomes Golden River

Thanh Nien

Hireability acts as a more and more important factor for home-buyers to decide in buying apartments.Thus, the buy-to-hire housing trend has become more and more popular, making office-tel products being strongly promoted in recent time. With VND1.09bn, customers can own an office-tel at Charmington La Pointe up to 43 years. When hiring, apartment owners may generate income of VND15-20mln per month.

Charmington La Pointe

The heat of the SouthWest Hanoi Real Estate Cafef

The Hanoi Southwest Real Estate has a big change in 2015. There are many beautiful architectures have been being constructed by the strong financial investors and the bad projects are also repurchased by this ones. Besides, convenient transportation, full utility service, good build quality are the strengths of Hanoi Southwest property. VinaCapital revives delayed Times Square Hanoi project Vietnam Investment Review

VinaLand – a closed-end fund governed by VinaCapital – is attempting to make hay while the sun shines by reviving its $50-million Times Square Hanoi shopping complex, which has been delayed for more than seven years.The $50 million project was licensed as a 65:35 joint venture between VinaLand and its domestic developer Thang Long GTC. HCM City: The hot war for hunting center land Bao Dau Tu

HCMC real estate market is lively with many new projects, when inventory volume is sharply absorbed. However, central land fund for investors are running out, creating a land-hunting between property firms in HCMC. The playground is not only for domestic firms, but Japanese firms are also interested in acquiring more land fund.

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Daily Real Estate News Highlights Vietnam - 20 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Celadon City launches big promotion for home-buyers Vietnam Net

In upcoming time, Gamuda Land Vietnam will launch many attractive incentives for home-buyers of Celadon City apartments, including: a interior package worth up to VND175bln, two taels of SJC gold, flexible payment up to 48 months at zero interest, together with many other gifts. In accordance, the promotion will be applied on customers who buy apartments of blocks A, B, C and D of Celadon City. New trend: invest in commercial townhouse

Celadon City Apartment

Bao Dau Tu

The commercial townhouse model appeared for the first time in Truc Street and Cuc Street in Ecopark township in 2011. Following the trend is shophouse model in Gamuda City. Up-to-date, there have been 1,182 commercial townhouses launched for sales at four projects. The commercial townhouse trend will continue to prosper thanks to superior advantages compared to normal houses. Vingroup wins triple Asia Property Awards

Shophouse Model

Bizhub

The Vietnamese property conglomerate Vingroup has been honored in three categories of the reputable Asia Pacific Property Awards. Vinhomes Central Park, located in HCM City, which boasts the design of a miniature green hub, was named Viet Nam’s Best Mixed-Used Development. Keppel Land to buy over $22 million of bonds from Vietnam property firm Thanh Nien

Singapore’s property developer Keppel Land Limited has subscribed for VND500 bn worth of convertible bonds issued by Vietnamese real estate company Nam Long Investment Corporation. Last year Keppel Land bought a stake of some 5 percent in the Vietnamese company, which is known for affordable housing projects. New industrial estate VnExpress

The Government has agreed to add the Becamex-Binh Dinh industrial, urban and service complex to the Nhon Hoi Economic Zone development plan in the central coast province of Binh Dinh. With the project recognized as part of the Nhon Hoi Economic Zone, the infrastructure developer and secondary investors in the complex would enjoy more incentives than those projects outside the economic zone.

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Daily Real Estate News Highlights Vietnam - 21 April 2016 Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

The Park Vista Apartment CafeLand

Park Vista Apartment is located on Nguyen Huu Tho street, Phuoc Kieng Commune, Nha Be District. That project has a total area of 1.27 ha, including 4-blocks with 21 to 28 floors, the total of apartments is 1300 and the phase 1 includes 680 of Block E,F. Dong Mekong Commercial Service Manufacturing Construction Co.,Ltd is the investor of this project.

The Park Vista Apartment

Pandora town-houses attract capital visitors Bat Dong San

The project provides town-houses on prime location, Thanh Xuan District - the strongest development of capital area. It is not difficult to buy an apartment with affordable price to prime price at the urban district of Hanoi. Typical projects could be Pandora. We only have to spend 5 minutes to go from the Pandora to the central. Real Estate has a slowdown signal

Pandora town-houses

Stockbiz

Although 2016 is asumed to be the time of real estate growth with optimistic sign, the result in quarter 1 show that the market is paused in both HN and HCM. The number of apartment for sell in those market are increased compare to the same time of previous year but the selling transaction is decrease. Strategy to remain the top position Nhip Cau Dau Tu

In 2016, when the real estate market is worrying about capital influx to the market being slowed down by the revised Circular NO.36 on property credit, leaders of Nam Long Group are still confident in their business plan. The reason is that they have prepared carefully in term of financial resources and competence to deploy projects, especially from the company’s distinguishable creativity. Offices-renting-prices-in-Hanoi-and-HCMC Tin Nhanh Chung Khoan

A report has recently been released to update the office-for-lease trend in Asia-Pacific of multinational corporations. In accordance, Singapore has become the most attractive destination for international firms who want to open representative office in the region. In Vietnam, the two largest economic center have the rental rates per person per working position higher than Jakarta, Manila and Bangkok.

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Daily Real Estate News Highlights Vietnam - 22 April 2016 Colliers Internationalâ&#x20AC;&#x2122;s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Moutainous Resort Real Estate has No Opponent Bat Dong San

Tourist areas on mountain like Sapa have brought lots of opportunities for resort real estate investors with low cost but high income as same as seaside villa. The cost of villa in Sapa is only equal to 1/3 of seaside villa but it is the same benefits. Sapa Jade Hill has issused the leasing commitment policy that have 9% profit per year for the first three years to investors.

Moutainous Resort

Official Sales Launch: Vincom Commercial Townhouse Tin Nhanh Chung Khoan

On april 12, 2016 Vingroup coporation has finally released the initial shophouse project following the international criteria in Yen Bai province. The customers place an order of Vincom Shophouse, who have demand for a loan will be supported equal to 50% of the house value with the period up to 25 years and 0% interest in the first 12 Vincom Commercial Townhouse months. Top 10 Reputated Real Estate Company Bat Dong San

On april, 12 in HN Vietnam Report Joint Stock Coporation has finally annouced top10 prestige real estate invetors and top 5 consultant property agency in 2016. Vietnam Report evaluate those companies to hold a stable financial capacity, to have experiences in building/sale, and to contribute to the growth of all property industry in Vietnam. HCMC: Combination of 4-facade buildings at District 1 Vneconomy

The central area of District 1 will have a combination of 4-facade building project on Me Linh Square, Hai Ba Trung St, Thi Sach St and Dong Du St. According to the project, there will be a combination of five-star hotel, commercial apartments and office with five-star service qualities. Novaland is secretly planning for the big projects Bat Dong San

This year, Novaland set up a goal to introduce 5 new projects with about 4.000 products. Not like those previous projects, which were focusing on luxurious apartments outside the city centre, Novaland currently will be mainly focusing on with the most sumptuous apartments ever in district 1.

For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ÂŠ2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 25 April 2016

Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

The Topping out Ceremony of The Krista CafeLand

The topping out of The Krista was celebrated on April 13. Following the success of PARCSpring, which is 100% sold, The Krista is another CapitaLand residential project in District 2 that is tailored to suit the needs and lifestyles of young families. CapitaLand’s partners such as Standard Chartered, HSBC, Hong Leong Bank and VIB will offer attractive interest rate to customers buying The Krista apartments. Resort properties: race in five-star standards

The Krista Project

VietnamNet

The resort property market is lively with many major coastal projects, especially the participation of Eurowindow - the investor of Movenpick Cam Ranh Resort, which has created a new race in the world’s highest management standards. From early 2016, the hotel and resort market has received a suddenly increasing attention from Movenpick Cam Ranh Resort foreign investors especially in coastal resort projects. A wise move of property firms Dan Tri

Not only catching up with the new trend of housing development and understanding customers’ demand, many property firms have smart moves in order to promote their products to target customers quickly, by selecting reputable investors, even though this is not something obligation. In HCMC market, STDA’s name ties to major projects. Real estate under pressure of pricecut before trend of tightening capital from banks Bao Cong Ly

In order to lessen dependence on banking capital and access other sources of capital to develop projects, thus lowering apartment development costs. In Q1-2016, HCMC recorded 7,600 apartments launched for sale from 20 projects, up the total number of apartments to 37,400 units. However, the number of traded apartments is only 6,300 units, while the absorption of mid- and high-end apartments decreases by 32% and 34% respectively. Green Construction for Affordable Housing Segment Cafef

Green construction applied smart technological control methods leading to the saving energy is a development trend in the word. All market controllers and experts together with property investors communicate with each others at “ Green construction for affordable housing segment “ seminar held by VNREA co-ordinating with Thu Do Investment. The press conference was just taken place on April 12. For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ©2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 26 April 2016

Colliers International’s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Nam Long Group cooperates with 2 Japanese partners to launch Fuji Residence projects Tin Nhanh Chung Khoan

Last weekend, Nam Long Group (NLG) and two top Japanese investors Hankyu Realty and Nishi Nippon Railroad signed an agreement to co-develop Fuji Residence in District 9, HCMC. In accordance, these two foreign investors will buy 50pct of stake of NLG from its subsidiary ASPL-PLB-Nam Long, and share the project development costs with NLG following this ratio. Easy to access the detached villas and high-end townhouses

Fuji Residence Projects

Dan Tri

Officially launched for sale starting May 8, Camellia Garden is expected to heat up the real estate market in mid-end segment in early 2016. The project possesses a strategic location in term of economy and settlement, with convenient traffic routs and diverse facilities. Camellia Garden is invested by the Century 21th.

Camellia Garden Project

Property menu for low-income earners: Hard to find Vietnam Net

In Q1-2016, the market witnesses over 4,000 new apartments launched for total 16 projects. Among them, 11 out of 18 projects are in mid-end segment, accounting to 49%t total volume launched for sale in the quarter. Surveys in Hanoi showed that supply of mid-end apartments launched for sale is not very abundant. The One Saigon offers 35% discount for final 27 apartments Bat Dong San

The discounting of up to 45% for 27 final high-end apartments at The One Saigon, located in the top prime location in HCMC, on the occasion of 41th anniversary of South Vietnam Liberation, is also a practical act to celebrate 10th anniversary of Capella Holdings’ foundation, and appreciate loyal customers. Vietnam industrial zones need rethink Dan Tri

The rapid integration of the Southeast Asian country with the global economy, coupled with its impressive economic recovery, had highlighted the need to develop industrial real estate in the IZs to easily attract foreign capital. The demand for housing and industrial land for building factories and warehouses was, therefore, anticipated to soar with the profitability of investments in the developing IZs.

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Daily Real Estate News Highlights Vietnam - 27 April 2016

Colliers Internationalâ&#x20AC;&#x2122;s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

Sales launched: Phase 2 of West Bay Ecopark Lao Dong

After the success of first sales event, from April 16 to 17, the investor of Ecopark township continued to launch the second sale of apartments at Tower C - West Bay Sky Residence - Aqua Bay. Priced from VND688 mn, the project provides modern apartments with 1-3 bedrooms, measuring 45-90m2. Condotel trend and dual benefits Vinhome Star

Condotel model is introduced in Vietnam after its first appearance in Asia twenty years ago, at renowned tourism areas like Bali and Phuket. This means that benefits provided by condotels have been proven, so experienced property investors will quickly grasp opportunities in new markets. The recent launching for sale of the resort apartment project Condotel Premier Residences Phu Quoc. Domestic property market remains positive in Q1 Bizhub

West Bay Ecopark

Condotel Premier Residences Phu Quoc

The positive development of the local economy was the continued growth of the domestic property market in the first quarter of this year. According to experts, the Vietnamese property market has seen 25 years of development with various ups and downs; the market is developing and maturing at a faster rate than previously seen; developers, investors. No storm benefits Phu Quoc real estate Bizhub

Incentive policies, good natural conditions and a prime location give real estate projects, especially the luxury projects in Phu Quoc the best potential to grow and attract investors. he UK-based Financial Times last month considered Viet Nam as a country with the potential to become a global tourism destination, implying that it could enhance foreign capital in the local real estate market. Retail floor in HCMC faces price-dropping pressure Vnexpress

Retail floor hiring prices in HCMC in Q1-2016 is declining compared to Q4-2015, due to increasing supply, and this downward trend might continue in upcoming time. However, the bright spot of the office market is free trade agreements that are boosting demand on retail floor overtime. The removal of tax barrier will also increase the potential of Vietnam market to international retailers.

For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ÂŠ2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 28 April 2016

Place for settlement and investment in the East of HCMC Vietnam Net

Owning utility systems and complete infrastructure, Wilton Tower (is not only an ideal retreat, but also convenient and attractive investment destination with forecast higher investment performance from 8-45% / year. A study pointed out that, the real estate in the areas which the No. 1 subway line running through including Binh Thanh were offered at prices marginally better, in the range of 2-5%. How do worldâ&#x20AC;&#x2122;s billionaires change the image of major townships?

Wilton Tower Apartment

24H

2016 is a memorable year of Vingroup with the launching of Vinhomes Golden River. The project is the only riverside eco-township that covers 25.3 ha and is located in s District 1. It also has a construction density of 18.6% and is developed following an elegant eco-township model, comprising of a complex of luxury apartments, villas, hotels.. together with vast greenery. Vingroup introduces new project in Kien Giang

Vinhomes Golden River Project

Viet Bao

Vingroup recently introduces the Vincom Shophouse Rach Gia in Rach Gia City, Kien Giang Province. Vincom Shophouse Rach Gia covers 16,402sqm, and will features sufficiently utilities, services, functions like schools, hospitals, VinMart, VinPro, entertainment areas, cinemas, etc. Real estate market: marked improvements on supply-demand Bao Lao Dong

Real estate market in Vietnam is expected to have marked improvement in the 1st quarter of 2016. The volume of supply-demand increases, strong capital flows into real estate. The confidence of home buyers into the market was gradually restored and strengthened. Luxury apartments enter new cycle of development Tin Nhanh Chung Khoan

High-end apartment market in Hanoi is arriving to a new cycle of development, when reputable investors have become more devoted to their own projects. According to report, the high-end and mid-end apartment segments still have upper hand in Hanoi. Especially, the price-increasing trend is happening at projects with good location, infrastructure and facilities.

For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ÂŠ2015. All rights reserved. vietnam.media@colliers.com

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Daily Real Estate News Highlights Vietnam - 29 April 2016 Colliers Internationalâ&#x20AC;&#x2122;s Residential Highlights is daily news summary which features the latest updates on the Residence, Serviced Apartment, Office, Retail, and Industry Real Estate market.

The new focal point of the property market in Halong Cafef

Even though being a new project to the real estate market, Vinhomes Dragon Bay is still a promising project to become the favourite destination in the tourism city Halong. Shophouses at the project also gathers enough ideal factors for efficient business or profitable hireability, as well as a chance for big business brands to expand their distribution system. Hanoi Garden City project: Difficult race to attract customers

Vinhomes Dragon Bay Project

Bao Dau Tu

Against the fierce competition from neighboring projects like, the investor of Hanoi Garden City project has not yet found a suitable solution to attract customers. While Gamuda Land knows how to take advantages of the waves of real estate market in 2011 and 2015 to successfully execute sales and promotional events to attract customers, Hanoi Garden City does not show any interesting activity. Apartments are coming back to real prices

Hanoi Garden City Project

Dia Oc Online

Commenting on the market trend in upcoming time, many experts said that the average prices will hard to decrease, especially in mid-end housing segment. In order to maximize benefits for customers, Vingroup has developed a township complex model combined with perfect ecosystem, together with being an pioneer in the development of township complex with perfect and synchronous technical system. Non-transparent market makes FDI to real estate decline Kinh Te Do Thi

According to many experts, FDI entering Vietnam real estate is declining due to non-transparent market. Even though the FDI capital volume flowing to Vietnam is still abundant and has already resulted in certain positive influences, but capital to real estate is still limited, as foreign investors often invest in listed companies, which are believed to be qualified in term of corporate management. Property firms struggle to find an escape Bat Dong San

According to the experts, the real estate market has entered the fiercest competition ever. In order to attract customers, aside from the competitive edges like progress, prices and quality, property investors will also need to conduct research in order to create uniqueness for their projects

For market research reports, please visit our website at www.colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All material are sourced and collated in this document by Colliers is from the public domain. ÂŠ2015. All rights reserved. vietnam.media@colliers.com

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