apartment

Retail Asia20/11/2020

Apartment prices in Hanoi and Ho Chi Minh City continued to rise in the third quarter, going up by 0.24 percent and 0.35 percent from the previous quarter. According to the Ministry of Construction, lower-end apartments in Hanoi, often built in developing suburban areas like Dong Anh, Gia Lam, and Ha Dong, have a high […]

Retail Asia29/10/2020

The average rent for serviced apartments in HCMC has fallen to a five-year low as the Covid-19 pandemic stifles demand. The $23 per square meter per month price tag in the third quarter marks a 10 percent year-on-year fall, according to data compiled by real estate consultancy Savills. Occupancy fell 19 percentage points to 65 […]

Retail Asia04/02/2019

ICONSIAM, the mega city project of futuristic living and an iconic landmark of Thailand’s eternal prosperity on the Chao Phraya River, held the inauguration ceremony for Thailand’s new global attraction on the Chao Phraya River known as the “ICONIC Multimedia Water Features”, which is one of the Seven Wonders of ICONSIAM. The city project is the […]

Retail Asia16/01/2019

Property prices in the country are likely to continue their downtrend for at least the first half of the year (1H19), despite improving consumer sentiment and proactive government policies announced in the Budget 2019, online property company PropertyGuru said. It said in a statement that this is validated by the company’s Market Index, which shows […]

Retail Asia04/01/2019

Vietnamese homestay platform Luxstay has raised $3 million from CyberAgent Ventures and other foreign investors in its bridge round. Representatives of Luxstay, the Vietnamese homestay booking start-up, said the total capital raised could rise to $5 million as negotiations are still ongoing with interested investment funds. CyberAgent Ventures (CAV), a Japan based investment firm specializing […]

Retail Asia03/01/2019

Stocks on Bursa Malaysia have endured a roller-coaster ride last year, with some creating big losses to investors on one day. Despite often seen as defensive investments, the Malaysian real estate investment trusts (M-REITs) also did not escape unscathed. A check on Bloomberg revealed that the dividend yield of the 18 Bursa Malaysia-listed REITs averaged […]

Retail Asia17/12/2018

Attractive prices and returns have seen the number of Chinese customers buying high-end apartments in HCMC soar this year. Duong Thuy Dung, senior director of real estate market research firm CBRE Vietnam, said at a recent forum that 31 percent of high-end apartment buyers in HCMC in the first nine months were Chinese. This figure […]

Retail Asia30/11/2018

The third quarter of 2018 saw apartment liquidity in Saigon fall to the lowest level in six consecutive quarters. According to property services provider Savills Vietnam, only 10,000 apartments were traded in Saigon in the third quarter of this year. The apartment sales were down 30 percent from last quarter and down 13 percent year-on-year. […]

Retail Asia26/11/2018

The Ho Chi Minh City administration has decided that no high-rise apartment projects in the dowtown will be approved until 2020. Instead, priority will be given to repair and renovation of old apartment buildings. According to the housing development plan for 2016-2020 with orientation until 2025, that was approved by the HCMC People’s Committee on […]

Retail Asia09/11/2018

Six years in design and construction, Bangkok’s US$1.6 billion IconSiam development will finally be officially launched tonight before opening its doors to the public tomorrow morning. With 500 stores, more than 100 restaurants and 14 cinema screens, a luxury apartment tower and a Mandarin Oriental hotel, the ambitious development is probably the most significant addition […]

Retail Asia20/08/2018

High-end properties in HCMC, where prices are much lower than in major cities in neighboring countries, are attracting plenty of foreign interest. A high-end apartment in the city costs around $5,000 per square meter, but the same one in Hong Kong could cost four times, Nguyen Khanh Duy, director of residential sales at real estate […]

Retail Asia13/08/2018

An ownership cap is preventing foreigners from buying high-end apartments in Saigon, especially its eastern part. Thien’s apartment was in a prime area with a view of the Saigon River in Ho Chi Minh City’s Thao Dien Ward, District 2. He could have sold it for VND5.5 billion ($236,000) to a foreign buyer, but had […]

Retail Asia24/02/2017

Prestigious real estate developer Phu My Hung plans to launch its new apartments, developed in cooperation with three leading Japanese partners, in Ho Chi Minh City in the coming weeks. The Grande is built over 5,540 square meters. The 26-floor building, with two basements, has 309 apartments and 13 shops. There are options for apartments […]

Tag: apartment

Apartment prices continue to rise in major cities

HCMC serviced apartment rents hit five-year-low

ICONSIAM in the newest global attraction in Thailand

Property prices likely to continue downtrend in Malaysia: PropertyGuru

Vietnamese Airbnb startup raises $3 mln from venture capitalists

Malaysian REITs could become market darlings in 2019

Number of Chinese buying high-end Saigon apartments skyrockets

Saigon apartment sales dip to lowest in 18 months

HCMC to not build high-rise apartment until 2020

Bangkok’s IconSiam launches tonight

Low apartment prices, high returns make HCMC a magnet for foreign investors

East Saigon running out of apartments for sale to foreigners

First Japanese apartments in Phu My Hung launched