CBRE Vietnam Real Estate Spotlight

"Green construction adds value to property, protects environment: conference", Singapore Group operates two luxury boutique hotels in Saigon, HCMC and Dong Nai province speed up construction of Cat Lai Bridge…

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- Green Pearl (Hai Ba Trung District)
  - Total units: 504 units
  - Scale: 28 ha
  - Unit size: 74 – 139 sqm (2- 4 bedrooms)
  - Price*: from VND32 million per sqm
- The Zei (Nam Tu Liem District)
- Total units: 891 units
- Scale: 7,700 sqm
- Unit size: 84 – 182 sqm (2- 4 bedrooms)
- Price*: from VND39 million per sqm
- Total units: 683 units
- Scale: 5,600 sqm
- Unit size: 45 – 115 sqm (1- 3 bedrooms)
- Price*: from VND24 million per sqm
- Hatay Millennium (Ha Dong District)

* Prices included VAT

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- Heaven Riverview (District 8)
  - Total units: 960 units
  - Scale: 16,939 sqm land area
  - Unit size: 50.37 – 68.68 sqm (1 – 2 bedrooms)
  - Price*: from VND 20-22 million psqm
- Charmington Iris (District 4)
- Total units: 1,438 units
- Scale: 16,645 sqm land area
- Unit size: 45 -122 sqm (1 – 3 bedrooms)
- Price*: from VND 52 million psqm

* Prices included VAT

FOR MORE INFORMATION,CONTACT:

Dung Duong MRICS

Senior Director

T +84 286 284 7668

dung.duong@cbre.com

An Nguyen
Director

T +84 24 2220 0220

an.nguyen@cbre.com

Top 5 real estate enterprises own the largest residential land fund

CafeF

The top 5 enterprises holding more than 19,000 ha of residential land include Vinhomes, Novaland, TTC Land, Nam Long and Dat Xanh, of which 3 units have large land fund to develop urban areas of Vinhomes, Novaland and Nam Long.

Hyatt opens Nam Nghi Phu Quoc

The Saigon Times

		Hyatt Hotel Corporation has announced the opening of Nam Nghi Phu Quoc as part of The Unbound Collection by Hyatt. The 114-room resort is nestled within a secluded oasis surrounded by pristine beaches and the rich environment of Phu Quoc, Vietnam’s largest island.

AirAsia's plan to launch Vietnam carrier fails to take off

Reuters

The Malaysian budget airline, in a statement, said it had ended its agreement with Gumin Company Ltd and Hai Au Aviation to set up a low-cost carrier in a pact signed in March 2017.

HCMC and Dong Nai province speed up construction of Cat Lai Bridge

SGGP News

After completion and putting into operations, Cat Lai Bridge connecting Ho Chi Minh City with the provincial road No. 25C of Dong Nai and future Long Thanh International Airport will contribute reducing a high volume of vehicles and traffic congestion for the Ho Chi Minh City- Long Thanh and Dau Giay Expressway on normal days and the holidays.

Hue – Da Nang seaplane flights on way

VnEconomic Times

The first seaplane flights between Hue and Da Nang will take off on April 25, operated by Hai Au Aviation and offering stunning sightseeing of UNESCO World Heritage Sites in the two cities. Using a 12-passenger Cessna aircraft, Hai Au offers three options of 30-minute, 40-minute, or 80-minute flights between Phu Bai Airport in Hue and Da Nang International Airport.

Singapore Group operates two luxury boutique hotels in Saigon

VnExpress

Far East Hospitality and 5 Elements Development signed a management contract signing ceremony for two luxury boutique hotels in HCMC and are expected to officially operate in September 2019. The first project is located at the corner of Le Cong Kieu and Nguyen Thai Binh streets (District 1).

Central bank asks for tightened control over real estate loans

Vietnamplus

The State Bank of Vietnam (SBV) has asked for the control over real estate loans by credit institutions to be enhanced, especially in areas showing signs of land price fever. At the same time, supervision over lending would be enhanced, especially for property and consumer loans, to ensure safety and that the loans were used for the intended purposes. The order was issued amid land price fever reported in several localities, including Da Nang, Quang Nam and Van Don.

ICC-Kajima gets to work on first Wínk

VIR

Indochina Kajima Development (UK) Limited (ICC-Kajima), together with contractor Newtecons Investment Construction JSC (Newtecons) has started the main package of the first Wínk Hotel at 75 Nguyen Binh Khiem street of HCMC.

Green construction adds value to property, protects environment: conference

Vietnam News

Adopting green building standards and certifications is highly desirable, especially with rising energy costs and pollution, experts told a conference in HCMC yesterday.

Vingroup opens new AI research institute

SGGP News

The new AI research centre will be chaired by Dr Bui Hai Hung, former senior AI expert for Google and member of the editorial board at Artificial Intelligence magazine. Hung has had nearly 100 studies published in well-known IT magazines, and has nearly 10 invention certificates issued by the US agencies. The establishment of VinAI Research, which is managed by Vingroup’s technology arm VinTech, is the group’s next step to upgrade its business to an international level in technology, services and industrial fields.

www.cbrevietnam.com

CBRE Vietnam Real Estate Spotlight – W16 2019

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