CBRE: Điểm tin thị trường bất động sản Việt Nam – Tuần 26/2017

• No new launch
• Advertisements:
  • Heaven Riverview (District 8)
    • Total units: 960 
    • Scale: two 17-floor blocks (each 480 units)
    • Unit size: 50 – 69 sm (1-2 bedrooms)
    • Price*: VND 800 million/unit
  • Saigon Mia (Binh Chanh District)
    • Total units: 872 (condos)
    • Scale: two 22-floor blocks and one 27-floor block
    • Unit size: 50 – 83 sm (2 – 3 bedrooms)
    • Price*: VND 990 million/unit
  • 8X Rainbow
    • Total units: 408 
    • Scale: one 18-floor block
    • Unit size: 64 – 92 sm (2 – 3 bedrooms)
    • Price*: VND 13.9 million/sm

* Prices included VAT

       ​

• No new launch
• Advertisements:
  • Xuan Mai Complex (Ha Dong District)
    • Total units: 696
    • Scale: five 26-floor blocks 
    • Unit size: 47 – 80 sm (1 – 2 bedrooms)
    • Price*: from VND 18 million/sm
  • Sunshine Riverside (Tay Ho District)
    • Total units: 932
    • Scale: Three 32-floor blocks
    • Unit size: 74 – 114 sm (1 – 3 bedrooms)
    • Price*: from VND 36 million/sm
  • Goldsilk Complex (Ha Dong District)
    • Total units: 750
    • Scale: Two 32-floor blocks
    • Unit size: 68 – 128 sm (2 – 4 bedrooms)
    • Price*: from VND 23 million/sm
  • The ZEN Residence (Hoang Mai District)
    • Total units: 927
    • Scale: 31-floor block, 33-floor block, 35-floor block
    • Unit size: 52 – 221 sm (1 – 3 bedrooms, Sky Villa, Penthouse)
    • Price*: from VND 29 million/sm

* Prices included VAT

Note: Selected newspapers include Dau Tu Bat Dong San, Thoi bao kinh te Vietnam, The gioi thong tin bat dong san, CafeF, Tap chi dau tu bat dong san, Vietnamnet, Thi truong Bat dong san & Tai san, Nguoi dua tin, Vnexpress

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Vingroup to invest $4bn in Hanoi metro
Nikkei Asian Review

Vingroup signed a memorandum of understanding on Sunday for part of the Hanoi metro system worth 100 trillion dong (over $4 billion). Hanoi is building an integrated metro system with elevated and underground sections. Eight routes will be spread over 318km at an estimated cost of $40 billion. Vingroup will be the first private company to invest in a public transport system in Vietnam. The Hanoi metro will be Vingroup's largest infrastructure investment to date.

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FLC Group expects its new mega hotel in the central province of Binh Dinh's Quy Nhon town to continue the "no-vacancy" track record of other FLC hotels as the company remains optimistic of the potential for tourism in Vietnam. On June 15, 2017, FLC Group (FLC) started the construction of The Coastal Hill Hotel with VND2.8 trillion ($123 million) in total investment. A 1,500-room hotel with approximately a kilometre length will help the complex to increase service capacity by 150 per cent.

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Mövenpick Hotels & Resorts has announced its first project in Danang, scheduled to open in 3Q2019. Mövenpick Hotel & Residences Danang Vietnam will feature 150 rooms and 354 branded residences on the banks of the Han River in the city’s commercial heart, six kilometres from Danang International Airport. Leisure facilities include a swimming pool, fitness centre, spa and kids’ club, as well as a ballroom and state-of-the-art meeting rooms. For F&B, there's a signature rooftop bar and restaurant, lobby lounge, Café and wine bar, pool bar and speciality restaurant.

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On June 25 th, 2007, in the framework of the conference "Hanoi 2017 – Cooperation of Investment and Development" at Lotte Hotel, Hanoi, Hanoi People's Committee handed over the investment policy for construction project 4 schools for Nam Cuong Group. Nam Cuong Group will invest in implementing the project of building schools in Duong Noi Urban Area, Ha Dong District, Hanoi.

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Foreign fast food chains show underwhelming performance in Vietnam
Retail News Asia

Experts say there are several challenges: intense competition from the increasing number of domestic and foreign food companies, high prices, hamburgers and French fries are just not for Vietnamese people. Burger King: In 2012, expected to open 60 restaurants nationwide. Now it has only 15 restaurants. McDonald’s: In 2012, expected to open 100 restaurants nationwide. Now it has only 15 restaurants. Jollibee: has been growing rapidly in recent years. It opened its first restaurant in 1996 and now boasts 80 outlets nationwide. Subway: In 2011, expected to open 50 restaurants nationwide. Now it has only 6 restaurants, as reported by VIR.

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The Vietnamese real estate sector has attracted a total foreign direct investment (FDI) of USD701 million in the first half of this year, up 16% on-year.  According to the Ministry of Planning and Investment, the property sector was the fifth most popular area for investment for FDI between January and June this year. The ministry reported that, of the sum, USD461.7 million came from the 39 newly-licensed real estate projects, while the rest from the capital rise of existing projects. Meanwhile, mergers and acquisitions in the local real estate market are forecasted to jump in 2017 as foreign investors look for local partners.

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Two new branches of the Nguyen Van Cu Bridge in Ho Chi Minh City, N1 and N2, are scheduled to open to traffic this Thursday, providing new routes for commuters and easing congestion in the downtown area. The N1 measuring 300 meters will allow vehicles to travel from Vo Van Kiet Avenue directly onto the bridge. Spanning over 141 meters, the N2 will let commuters from District 4 and District 8 exit the bridge to Vo Van Kiet and continue their journeys toward the Thu Thiem Tunnel.

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