THE Vietnamese central city’s construction department has listed 17 commercial housing projects that allow foreigners to own homes, including eight in Son Tra peninsula and six in the downtown Hai Chau district.
EXPERTS said the Spring Festival holiday was the major factor behind the significant drop in property sales performance in China in the first month of this year and did not necessarily represent a negative market trend for the industry.
Land prices in Phnom Penh continued to show signs of upward movement at the beginning of this year, led by Sen Sok district, while Chroy Changvar district remains stagnant, according to a real estate developer’s report.
The Spring Festival has come and gone, and China’s property industry is pondering if the real action is in lower-tier cities, away from the hustle-bustle of metros like Beijing and Shanghai.
THE Vietnamese real estate market remains strong this year since the economy continues to grow robustly and there is a lot of investment flowing into infrastructure, thus attracting both domestic and foreign investors.
A groundbreaking ceremony was held on Thursday for a $230 million 62-storey twin building project in Phnom Penh, scheduled to be completed by 2023.
Condominium supply in Phnom Penh will increase by almost 120 per cent this year, leading to a slight decline in rental prices, according to a forecast report by property firm CBRE Cambodia released on Wednesday.
While Cambodia’s real estate sector is currently seeing strong growth in coastal areas, an industry insider has said the two main international border checkpoint areas, Poipet and Bavet, have also been attracting more investors – bo
ANTICIPATION is building up over who will become the new owner of Lotte Card, a credit card business owned by Korean-Japanese retail conglomerate Lotte Group that has been put up for sale.
INVESTMENT in proptech and start-ups show the path to sustainable growth for Thai property firms, as they look for both additional revenue sources and digital innovations that will help them meet the needs of their customers.