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Hanoi’s office buildings see record-low occupancy rate

Hanoi’s office buildings see record-low occupancy rateAround 28 per cent of total leasing areas of Hanoi’s office buildings have yet been occupied, a record-low rate, said realty consultancy firm CB Richard Ellis.

The unoccupied rates for A-grade and B-grade buildings were 34.5 per cent and 24.4 per cent, respectively.

The leasing price for A-grade buildings remains unchanged, while a price cut only came for B-grade building in western Hanoi due to oversupply.

 

Ministry calls for control on property capital flow

Ministry calls for control on property capital flowThe Construction Ministry has proposed the Prime Minister that measures must be taken to control capital flows into the property market to prevent spe...

Knight Frank Vietnam to lease Saigon One Tower

Knight Frank Vietnam to lease Saigon One TowerSaigon-M&C Real Estate has instructed Knight Frank Vietnam to market and lease the office component of ‘Saigon One Tower’, a 41-storey development...

Saigon Hi-tech Park is all smiles

Saigon Hi-tech Park is all smilesSaigon Hi-tech Park has produced upbeat business figures in 2011. In 2011, Sai Gon Hi-tech Park (SHTP) licenced 11 projects valued $167.4 million, bri...

Las Vegas Sands plans to build tourism complex in Ho Chi Minh City

Las Vegas Sands plans to build tourism complex in Ho Chi Minh CityThe complex, including hotels, restaurants, convention and shopping centres, spa, gymnastics centre, theatre, museum and other entertainment areas, wi...

Property investors see long term potential in Vietnam

Property investors see long term potential in VietnamInvestors are focusing on the long-term potential of Vietnam’s property market as the majority of markets in Asia Pacific still offer “excellent...

Ho Chi Minh City remains attractive in property development

Ho Chi Minh City remains attractive in property developmentHo Chi Minh City, the southern largest economic hub of Vietnam, has been ranked in Top 10 Asian cities in terms of property development prospects by t...

Dalat to become an international resort centre

Dalat to become an international resort centrePrime Minister Nguyen Tan Dung has approved the adjustment of the zoning plan to 2030, with a vision to 2050, for Dalat in the central highlands provi...

Are apartment prices headed down?

Are apartment prices headed down?With some Ho Chi Minh City apartment developers offering discounts of up to 35 per cent, buyers anticipate a firm downward trend in apartment prices. ...

Danang revokes industrial licences of 17 projects

Danang revokes industrial licences of 17 projectsThe Danang Management Board for Industrial and Export Processing Zones has decided to revoke the industrial licenses of 17 projects, because of slow p...

Thu Thiem Software Park in the danger zone

Thu Thiem Software Park in the danger zone"The late payment of land rentals to the Thu Thiem Township Authority was not the case". The $1.2 billion Thu Thiem Software Park’s rough ride is co...
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