Property News

HA NOI (Homeid) – PVI Tower has already leased more than a half of its office areas although it is not officially open for renting, according to PVI Holding, the project's owner.

HA NOI (Homeid) ― Home prices have continued to decline in Ha Noi and HCM City, leading to an improvement in property sales, according to a report released by Savills Viet Nam on Tuesday.

HA NOI (Homeid) ― Real estate inventories have slumped more than 15 per cent from figures reported in the first quarter, according to a statement by Deputy Minister of Construction, Nguyen Tran Nam.

HA NOI (Homeid)— The true number of non-performing real estate bad debts are feared to be much higher than figures previously reported by credit institutions.

HA NOI (Homeid— Up to VND11 billion (US$524,000) of the Government's VND30 trillion ($1.42 billion) loan package to support the property market has been provided to 56 home buyers, the Ministry of Construction said.

HA NOI (Homeid)— Work began on Wednesday on a social housing project worth VND560 billion (US$26.6 million) in the capital city's Ha Dong District.

HA NOI (Homeid) — Lotte Vietnam Company on Wednesday roofed its 65-floor Lotte Centre in Ha Noi.

HCM CITY (Homeid)— Central Khanh Hoa Province's People's Committee has approved a plan to use the existing Nha Trang military airbase to build a new urban centre.

HCM CITY (Homeid) — Deposit and lending values in HCM City experienced their biggest increase since the beginning of the year with commercial banks here recording a significant jump for the month of June, according to the local Statistics Department.

HA NOI (Homeid) — Vietnamese real estate developer Son Kim Land, has received a US$37 million investment from EXS Capital, an independent investment firm based in Hong Kong, said Trinh Bao Quoc, Director of the Kim Son Land Company.