Daily Real Estate News Highlights

Vietnam - 26 April 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 in Eastern HCMC bustling with infrastructure and public investment

www.baodautu.vn

Colliers projects that 2023 will witness a movement of landed properties to satelite areas of HCMC with notable projects namely Global City, Senturia An Phu, Vinhomes Grand Park, The Classia, The Rivus Elie Saab. This is due to regional infrastructure continues to complete and land fund remain efficient.

Market-based land price list to be applied by 2026 expectedly

www.vnexpress.net

Applied from 2026, the land price list will be issued once a year, instead of the current 5 years, to be more relevant to the market price. The content is included in the draft Land Law (amended) sent to the National Assembly on April 25.

HCMC approves the compensation K coefficient for Ring Road 3 project

www.thanhnien.vn

Land prices and land price adjustment coefficients are calculated differently for each district of Thu Duc, Binh Chanh, Hoc Mon and Cu Chi, depend on the land type (residential land, agricultural land, production land), route, and its location.

A series of land plots in the Hanoi suburban will be auctioned

www.thesaigontimes.vn

The suburbs of Hanoi: Phuc Tho, Me Linh, Soc Son, and Ba Vi organized a series of auctions of land plots with thousands of square meters, with the lowest price from 17 million VND/sqm, the highest up to 50 million VND/sqm, especially many land plots with beautiful locations located along Highway 32 connecting the Northern Midlands provinces.

Vietnam - 27 April 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.

2023 business strategy: Big names tighten their belts

www.tinnhanhchungkhoan.vn

The long quiet market forced many businesses in real estate, construction and building materials industries to be cautious when setting profit targets. They are waiting for the support policies to take effect. Mr. David Jackson, CEO of Colliers (Vietnam) assessed that more time needed to stabilize the market, and signs of recovery may be seen clearly by quarter 3 this year.

HCMC: Hundreds of commercial housing projects eligible for pink book

www.vneconomy.vn

More than 81,000 units in 335 projects including: apartments, individual houses, officetels, shophouses will be granted ownership certificates (pink book) in Ho Chi Minh City. Besides, the City currently has 8,918 officetels and shophouses from 29 projects that are not eligible to be legally recognized because the land law does not regulate these types.

Thai firm to acquire Starprint Vietnam for US$44.7 million

www.hanoitimes.vn

Bangkok-based SCG Packaging Plc (SCGP) is looking to acquire a 70% stake in Starprint Vietnam JSC to expand its operations in the country. The merger is expected to close in the third quarter of 2023.

VinaCapital to apply EDGE green certification for hospitality real estate

www.vnexpress.net

VinaCapital and VinaLiving will apply EDGE green building certificates to 100% of resort real estate portfolios built in the coming years.