Property News

HA NOI (Homeid)— Hoang Anh Gia Lai (HAGL) Group began construction of a US$440 million trade centre, hotel and service office complex in the Myanmar city of Yangon yesterday.

(Homeid) After opening its first boutique in HCM City earlier this year, the Christian Dior Couture Fashion House is making its name in Viet Nam's capital. The globally recognised fashion house opened a boutique in Ha Noi yesterday that will offer couture products for men and women. President and CEO of Christian Dior Couture Sidney Toledano talks to Viet Nam News about his plan to develop the brand name here

HA NOI (Homeid)— Vietnamese property investors seem to be more confident in engaging in merger and acquisitions (M&A) in golf courses as some foreign companies facing financial difficulties in their developed nations are opting out of the sector.

HCM CITY (Homeid) — The Bank for Investment and Development of Vietnam yesterday granted a credit of VND1.8 trillion (US$86 million) to Duc Khai property company to fulfill the Era Town residential complex in Phu My Ward, District 7 in HCM City, according to Saigongiaiphong online.

HA NOI (Homeid) — A social housing project which will provide 1,037 low-cost apartments in Ha Noi's Tay Nam Linh Dam New Urban Area started yesterday.

HA NOI (Homeid) - Ha Noi People's Committee has agreed to convert part of a proposed commercial housing project at 143 Tran Phu Street in Van Quan Ward, Ha Dong District, into social housing, according to the Ministry of Construction.

HA NOI (Homeid) – Real estate developers proposed doing away with the regulation that all property transactions are carried out on the trading floor, saying the rule had not achieved the desired effect.

HA NOI (Homeid) – The Ha Noi People's Committee has approved new rates for services in apartment buildings. The minimum rate is fixed at VND800,000 (US$38) per 100 sq. m. and the maximum rate for the same area is VND1.65 million ($79).

DONG NAI (Homeid) — Among 11 registered property projects licenced for foreign direct investment in the southern province of Dong Nai, only five are being carried out, said the province's Department of Planning and Investment.

KUALA LUMPUR (Homeid) – Real estate company Savills Vietnam has beaten hundreds of rivals in the Asia Pacific Region to receive the Best Real Estate Agency award at the Asia Pacific Property Awards over the weekends in Kuala Lumpur.