Real Estate

Mr. Nguyen Viet Tao, representing the Bitexco Group, proposed to the National Assembly's supervisory delegation that the Group be considered for developing social housing at the urban area project in the south of Vanh Dai 3 Road (commercially known as The Manor Central Park), with Bitexco as the investor.

The real estate market is experiencing a positive shift in supply. However, experts advise prospective homebuyers to be cautious and not overextend themselves financially if their monthly income is less than 30 million VND. Taking on a significant mortgage with a lower income can lead to financial strain and difficulty keeping up with bank loan interest payments. It is crucial to make informed decisions and ensure your financial stability when considering purchasing a property.

In the first half of 2024, foreign buyers snapped up over 1,000 apartments in Hanoi, with purchasers hailing from a diverse range of countries and territories. This included buyers from China, South Korea, Hong Kong, Taiwan, Singapore, the USA, the UK, and more. Notably, Chinese buyers accounted for the majority of these sales, purchasing over 400 apartments.

Within a single day, two industrial parks in the provinces of Ha Nam and Bac Giang received investment approval for Western Pacific Group, founded by Ms. Pham Thi Bich Hue.

On July 13, 2024, the government issued a new regulation on compensation, support, and resettlement for state land acquisition. This comprehensive regulation outlines the rights and entitlements of those impacted by eminent domain, ensuring fair and just treatment. The regulation is a testament to the government's commitment to upholding the rights of its citizens while also facilitating necessary development projects. It strikes a delicate balance between progress and the well-being of its people, setting a precedent for equitable land acquisition processes.

This is the opinion expressed by Nguyen Van Danh, Vice Chairman of the People's Committee of Binh Duong Province, at a scientific workshop providing feedback on the draft master plan for Ho Chi Minh City for the period 2021 - 2030, with a vision towards 2050, recently organized by the Ho Chi Minh City People's Committee.

After experiencing numerous ups and downs in the market, the condotel segment seems to still lack a clear "identity" with the passing of the Real Estate Business Law 2023 and the Land Law 2024.

After just 2 weeks of being listed, a townhouse with a rental price of 47 million dong/month on Hoang Dieu 2 Street, Thu Duc District (formerly, now Thủ Đức City, HCMC) has found a new owner. This is a street with very few vacant spaces, bustling with business activities leading up to Tet.

In recent times, the city of Hanoi has allocated land to 36,557 households. However, there are still over 19,000 households who have not yet been allocated service land, with a total area of 112.19 hectares.

In recent days, the authorities in Dan Phuong district (Hanoi) have been carrying out measures to forcibly demolish illegal factories on agricultural land in the traditional woodcraft village of Lien Ha.