Real Estate

The hundreds of abandoned villas in the Duong Noi urban area (Ha Dong district, Hanoi) present a stark picture of neglect. Left to deteriorate over the years, the once-grand structures now bear the brunt of nature's elements, with broken windows, crumbling walls, and overgrown vegetation. This unfortunate scenario highlights the significant waste and potential loss of valuable real estate assets.

The Thai Binh province, nestled in the Red River Delta region, is an industrial powerhouse in the making. With a robust economy and impressive growth rates, it is no wonder that Thai Binh is often likened to a "promised land" for investors and businesses alike.

The residential property market witnessed an interesting trend in the first half of 2024, with approximately 70% of apartment sales falling within the high-end segment, priced at a premium range of $250,000 to $500,000 per apartment. This trend underscores the growing demand for luxurious living spaces in the city, with a budget of $3 million barely sufficient to secure a new apartment in the bustling capital.

Introducing an exciting opportunity to invest in a prime piece of land in Dan Phuong District, located just 20km from the heart of Hanoi. The winning bid for this lucrative plot reached an impressive 99.2 million VND per square meter, doubling the starting price.

The Binh Duong authorities have taken action by forming a task force to address the long-standing issues surrounding the Roxana Plaza condominium project. Over the years, this project has been shrouded in controversy, with aggrieved customers repeatedly staging protests and banner campaigns to seek redress, resulting in disruptions to peace and order.

The once-promising villa project in Măng Đen, Kon Tum Province, now lies abandoned and overgrown. Construction on the villas was halted due to legal issues, leaving the site a desolate shell of what was intended.

The real estate market is expected to flourish towards the end of the year with the introduction of three new laws. These laws will particularly impact the following three segments, which are predicted to attract the most investment.

In any market condition, there is always a demand for owning and utilizing valuable vacation real estate. This is evident at Imperial Lotus, a project developed under the Semi-first home model within the prestigious Vườn Vua Resort & Villas.

"This is the assertion of Dr. Nguyen Van Dinh, Vice President of the Vietnam Real Estate Association, at a seminar on 'Identifying Safe and Happy Apartment Criteria for Children' hosted by the Vietnam Children's Magazine."

With a stellar reputation as a prominent investor in the social housing segment, N.H.O has successfully transitioned into a formidable player in the commercial housing market. The company has swiftly established itself by delivering impressive, unique products that stand out in the industry.