The General Department of Taxation (GDT) has announced that it will be printing paper copies of the Property Tax Invoice to be distributed to all property owners in a manner similar to that of utility bills, which it hopes will eliminate most of the loopholes enabling tax evasion.
Top hotels in Jakarta and Bali are recovering from the impact of the coronavirus pandemic and the travel restrictions imposed in response, an industry study shows.
The Vietnamese industrial real estate market continues to record positive signals, attracting a large amount of foreign capital.
The occupancy rate of retail space in Phnom Penh dropped to 66.6 per cent in the first quarter of this year, down 0.4 percentage points from 67 per cent in October-December 2021, according to a report by real estate company CBRE Cambodia.
Vietnam's real estate market is forecast to have a better year compared to 2021 and gradually return to the normal performance as before the Covid-19 pandemic, according to the Vietnam Report JSC.
Ho Chi Minh City (HCMC) should consider offering the public greater access to detailed land information such as long-term urban plans, which are not easily available now, experts have said.
When Malaysia's National Property Information Centre (Napic) released its overhang numbers for 2021 recently, it revealed that the Southeast Asian country is still far from resolving an issue that has been plaguing the property market for years.
Vietnamese President Nguyen Xuan Phuc has urged the suburban districts of Cu Chi and Hoc Mon in Ho Chi Minh City (HCMC) to review all public investment projects, especially their feasibility, and improve the business climate to attract investment.
The occupancy rate of office space in the capital dipped by 1.2 percentage points to 66.9 per cent in the first quarter of 2022, compared to the fourth quarter of last year, as three new projects were launched and Covid-19 uncertain
Real estate mergers and acquisitions (M&A) are expected to be a good source of foreign direct investment (FDI) in Vietnam this year, said Savills, forecasting that M&A activity is likely to increase in terms of frequency and value.