Real Estate

According to the master plan, the winning bidder for the 18 Cao Bá Quát land plot will develop a 5-star hotel project, with a maximum height of 6 floors and a total construction floor area exceeding 15,900 m².

The surge in supply within Hanoi, coupled with a notable slowdown in cash flow efficiency and the catalyst effect of the Van Cao - Hoa Lac metro line, is driving a significant shift in capital towards peripheral real estate markets.

The Hanoi People’s Committee has recently issued a document outlining the allocation of resettlement land to support the construction of the Tay Thang Long Road (from Pham Van Dong to Van Tien Dung Road) and the Thuong Cat Bridge, along with the connecting roads at both ends of the bridge.

Vingroup has unveiled plans to construct a high-speed rail line spanning approximately 50 kilometers, connecting Bến Thành to Cần Giờ in just over two years. This speed significantly surpasses that of metro line 1 or the Cát Linh - Hà Đông route, but how does it compare to global standards?

The city of Hai Phong has announced the reclamation of over 25,200 square meters of prime coastal land in Do Son, part of the Do Son International Hotel Project by Hanoi's Nam Cuong Group Corporation.

One month after groundbreaking, the grand construction site of the Hanoi Opera House (Pearl Theater) on Quang An Peninsula has unveiled its first glimpses, marking a significant milestone in its development.

The meeting is scheduled to take place at 2:00 PM on November 26th.

Ho Chi Minh City currently has approximately 100 commercial real estate and housing projects awaiting land use fee announcements and additional payment notifications. Prominent developers like Novaland, with 13 projects, and Hung Thinh Land, with 8 projects, are among those affected. Consequently, the regulation mandating additional payments for delayed land use fee calculations will impose a significant financial burden on these businesses.

"According to Mr. Tran Minh Tien, Director of Market Research and Customer Insight Center at One Mount Group, '2026 will witness the parallel growth of two major markets: Hanoi maintaining its stability, while Ho Chi Minh City enters a new acceleration phase.'"

On November 25, 2025, Sunshine Group and main contractor SCG successfully held the topping-out ceremony for Tower S2 - Lumina at Noble Crystal Tay Ho WorldHotels Residences, the first luxury apartment complex in Ciputra Urban Area, Hanoi.