Interest rates of home loans at Vietnamese commercial banks have tended to reduce significantly since the second half of last month due to low capital demand from business and production.
The construction and real estate sectors in the Kingdom by and large dodged the worst of the sweeping Covid-19 crisis that ravaged the garments, textile and tourism sectors, Cambodia Constructors Association general manager and secretary Chiv Sivpheng said on Wednesday.
Vietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and Covid-19 prompt global manufacturers to vary their supply chains throughout Asia, US commercial real estate
In a propitious combination of political stability, geography, infrastructure and a booming young workforce, Kampong Speu province is swiftly transforming into a potential investment hub, provincial governor Vei Samnang told The Post on Wednesday.
Rental condos priced at under 15,000 baht ($480) a month in Thailand are seeing over 20 per cent in growth while there is a big drop in demand for rental units priced at above 25,000 baht, an industry executive said.
The apartment supply in Hanoi is expected to surge in the second half of this year to meet higher demand in the segment, a real estate expert said.
More than half of South Koreans are not convinced that the proposed relocation of the country’s administrative capital from Seoul to Sejong would help stabilise the overheated real estate market, a poll showed on Monday.
South Korean-owned Booyoung Khmer II Co Ltd on Wednesday launched sales of its Borey Sensok Booyoung gated-community project in the capital’s western Sen Sok district.
Land prices in Phnom Penh have seen the slowest growth in a decade due to the Covid-19 pandemic, according to a survey by real estate firm CBRE Cambodia.
The virus crisis has wiped a whopping 150 billion baht ($4.8 billion) off the value of the residential market in Bangkok and surrounding provinces, Krungthai Bank Pcl research revealed on July 16.