Property News

HCM CITY (Homeid)— The real estate market in the south is showing signs of recovery as high-prestige projects get off the ground, according to independent market watchdogs.

HCM CITY (Homeid) – The price of land plots in HCM City, especially in District 2, will likely continue to fall as more land is put up for auction, according to a source from the city's People's Committee.

HA NOI (Homeid) — Local press have reported that Nguyen Hoang Long, chairman of the heavy industry and property developer Vina Megastar Group, has been arrested for fraudulently appropriating assets belonging to SeaBank.

HCM CITY (Homeid)— At least 10 foreign investors have rented over 82ha of land illegally in the Mekong province of Ben Tre, the provincial authority of Ben Tre has said.

BINH DUONG (Homeid) – EcoXuan, the biggest ecological urban area in Binh Duong's Thuan An town, handed over to buyers 100 per cent of the town's houses it built in the first phase.

HA NOI (Homeid) – Some experts have hit out at claims that recent fluctuations in gold prices and interest and exchange rates will immediately impact the property market, according to financial website cafef.vn.

HA NOI (Homeid) — Buyers of low-income houses will soon be able to raise mortgages on their new properties, even when they are not built, according to the Ministry of Construction.

HA NOI (Homeid) — Investors in commercial high-rise buildings must ensure that they have at least 20sq.m of parking for each 100 sq.metre living space, according to the Ministry of Construction.

(Homeid) — Construction of the Phu My 3 Industrial Zone starts today in the south-eastern province of Ba Ria Vung Tau to predominantly house Japanese companies. Viet Nam News spoke to Nguyen Thi Thao Nhi, CEO of the Thanh Binh Phu My Joint Stock Company, the major investor in the zone, about its strengths and commitment to the province's development.

HCM CITY (Homeid)— Commercially built apartments have become more popular with low-income buyers than social housing, as prices of the former have dropped substantially in recent years, according to real estate experts.