Daily Real Estate News Highlights

Vietnam - 25 May 2023

Top Daily Updated Real Estate News

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

Colliers News

Real estate segment has the largest inventory

www.plo.vn

The segment of apartments and townhouses across the country appeared quiet recently due to a slowdown in transactions. However, many real estate firms are being compelled to sell projects, indicating that the market is shifting dramatically with large-scale M&A transactions.

Commencing component projects of Chau Doc - Can Tho - Soc Trang expressway

www.vneconomy.vn

Four component projects with a total length of 188 km of the Chau Doc - Can Tho - Soc Trang expressway project passing through four localities including An Giang, Can Tho, Hau Giang and Soc Trang will begin on June 17.

Deputy PM: The 120k-bln-VND package is not for 'rescuing' real estate

www.zingnews.vn

The credit package of VND 120,000 billion for purchase and development of social housing has not been disbursed, the State Bank has requested credit institutions to urgently deploy.

Industrial developers eye the effects of upcoming tax regime

www.vir.com.vn

Industrial real estate developers must be more proactive in responding to the upcoming global minimum tax policy by improving the quality of industrial zone infrastructure and providing more utilities for their tenants.

Many hotels in HCMC shut down, up for sale

www.tuoitre.vn

Not only shops and restaurants, many hotels in HCMC downtown have stopped operation, put up for sale or changed its function due to lack of foreign tourists and revenues from tourism services.

Vietnam - 26 May 2023

Top Daily Updated Real Estate News

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

Colliers

News

Real estate continues to attract foreign capitals

www.bds.tinnhanhchungkhoan.vn

In the context of congested domestic capital flows, the real estate market is attracting the attention of foreign investment funds. Vietnam has great potential for real estate investment with a stable economy - politics - society, and especially high demand in most product segments.

Keppel Corp, Keppel Vietnam Fund acquire 49% stake in two Khang Dien projects

www.dealstreetasia.com

Singapore's Keppel Corporation and Keppel Vietnam Fund (consortium) has entered into binding agreements to acquire 49% interest in 2 adjacent residential projects of local real estate developer Khang Dien Group for an aggregate consideration of 3,180 billion VND ($138 million).

Binh Duong: highest compensation fee for land acquisition of Ring Road 3 reaches VND42 mln/sqm

www.thesaigontimes.vn

The People's Committee of Binh Duong Province has decided on the land unit price to support the site for the Ring 3 project. The highest compensation level is VND42 mln/sqm.

Over 10,000-bln-VND for developing worker and social housing in Dong Nai

www.plo.vn

The plan to develop worker housing & social housing in Dong Nai province by 2025 is expected to build 10,000 units with a total investment of 10,155 billion VND.

Auction of many land plots in suburban Hanoi to be held, price starting from 31mln VND/sqm

www.vietnamnet.vn

Nearly 200 plots of land in some districts near Hanoi will hold auctions in late May and early June 2023. The lowest starting price is 16 million VND/sqm.