Category: Real Estate

Retail Asia26/10/2023
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2min0
International Marriott wants to open 20 more hotels and resorts in Vietnam to further tap the country’s great tourism potential, said its chairman and CEO Anthony Capuano. The potential is due to its geographical location and unique culture, which makes many tourists want to return to the country, Anthony Capuano said at a meeting with […]

Retail Asia20/09/2023
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5min0
Capital Elite is a popular investment destination for Korean investors due to its prime location in Hanoi’s new CBD and diverse entertainment and leisure areas. The Vietnamese real estate market is attracting South Korean investors due to rapid infrastructure development, reasonable property pricing, and potential value appreciation. The proportion of foreign individuals interested in Vietnam’s […]

Retail Asia25/04/2023
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5min0
Amid rising interest rates, Hanoi’s cash-strapped villa investors are slashing prices by up to 40% to lure customers. Loi spent VND32.5 billion (nearly $1.4 million) on a 180-square meter villa near Ring Road No. 3.5 in mid-2022. He paid for the house with a bank loan and VND11 billion of his own money hoping his […]

Retail Asia14/04/2023
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4min0
The price of townhouses and villas in the South have dropped 10-30% year-on-year amid record-low sales in the first quarter of 2023. The prices in Dong Nai Province plunged 15-20%, even 25-30% in some cases, as cash-strapped investors have tried to cut losses, according to a survey. Many investors lowered their selling prices for villas […]

Retail Asia27/03/2023
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11min0
Park Silom, a premium mixed-used complex in the heart of prime Bangkok’s CBD Silom, is a collaboration between Nye Estate, Minor International and Siam Piwat. Synergizing their prestigious expertise, the three forefront developers are driving Park Silom into a ‘Third Space Retail,’ offering a new retail experience to Silom under the concept “Everyday Indulgence for […]

Retail Asia26/03/2023
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7min0
Manhattan Associates Inc., in partnership with Google Cloud and Zebra Technologies, has released the findings of the industry’s first real-world analysis of Unified Commerce in specialty retail. The Unified Commerce Benchmark for Specialty Retail, conducted by Incisiv, assessed 124 retailers across 11 specialty retail segments on the implementation of 286 key attributes of Unified Commerce. […]

Retail Asia20/03/2023
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4min0
According to experts, the increasing costs of land, materials, labor, legal procedures, and interest rates, as well as speculation, have all been pushing housing prices up for years. In recent market reports, the Ministry of Construction has confirmed that housing prices are currently unaffordable for many people. Le Huu Nghia, director of construction and real […]

Retail Asia27/02/2023
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2min0
Searches for rental properties in Hanoi and Ho Chi Minh City surged 101% in January against last year, while rents rose, according to the real estate website Batdongsan. In Hanoi, searches for rental apartments and houses increased 112% and 38%, respectively. The respective figures for HCMC were 157% and 107%. The average rent of apartments […]

Retail Asia21/02/2023
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3min0
Thailand’s Central Retail Corporation has announced it will double the number of its Vietnam stores with its largest ever local investment of 50 billion baht (US$1.45 billion). The chain’s number of stores will jump to over 600 in 57 of 63 cities and provinces with the new investment over the next five years. Central Retail […]

Retail Asia08/02/2023
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7min0
Experts say that taxing housing will help make the real estate market more transparent and prevent speculation, but it is necessary to digitize data, ensure fairness, and avoid overlapping taxes. The government plans to enact a new law on real estate taxation in place of the Law on Agricultural Land Use and the Law on […]

Retail Asia03/02/2023
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2min0
Land prices in Bangkok capital city of Thailand has skyrocketed 75% in recent years due to infrastructure development along with urbanization driven by mass transit expansion. Saenphin Sukhee, chief executive of residential developer Frasers Property Home (FPH), said land prices in Bangkok continued to grow despite the Covid-19 pandemic with an average increase of 70-75% […]

Retail Asia22/12/2022
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3min0
Kuala Lumpur’s luxury shopping centre The Starhill has unveiled its new look, after a two-year transformation announced in 2019. Integrating hospitality into the retail experience, the shopping centre in Kuala Lumpur’s Bukit Bintang retail district has been repositioned as the “Home of the Tastemakers” where customers can shop and stay in a sophisticated home-like setting that […]

Retail Asia01/11/2022
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2min0
Vingroup, Vietnam’s biggest private conglomerate, made total consolidated net revenues of VND88.191 trillion ($3.56 billion) in the first nine months, posting a year-on-year decline of nearly 5%. Vingroup gained after-tax profits of VND1.571 trillion, according to its latest consolidated financial statements. By the end of September, the firm’s total assets stood at VND555.571 trillion, up […]


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