Real Estate

With transportation infrastructure development gathering pace across the nation, and the recent inauguration of the Capital Region's Belt Road 5 - a section of which passes through Phu Binh - acting as a catalyst, real estate values in Thai Nguyen are experiencing a significant surge with each progressive step in infrastructure advancement.

Six-time winner of the title "Asia's Leading Destination" and a five-time recipient of the "World's Leading Heritage Destination" award, Vietnam's cultural heritage is a treasure trove of tourism potential. Sun Group envisions a bold new step forward with Sun Mega City, a project that aims to revolutionize the landscape of cultural tourism in the country.

On May 27, 2025, Khai Hoan Land (HOSE: KHG) solidified its strategic partnership with leading developer Vinhomes (HOSE: VHM) by signing an agreement to distribute the Vinhomes Green City project. This marks a significant milestone in the long-standing collaboration between the two esteemed companies.

THACO and VinSpeed have jointly proposed a high-speed rail project for the North-South corridor with a total investment of over $61 billion. However, the two companies differ in their financial plans, timelines, and operational schedules.

The four model homes with unique designs in the Kim Ngàn - Kim Tiền subdivision have been unveiled to investors, offering a rare opportunity to experience exceptional architecture in the heart of Sun Urban City, a thriving resort-style urban development in Ha Nam.

"There is a persistent issue of 'property touts' in the social housing sector in Vietnam, according to Mr. Nguyen Van Khoi, Chairman of the Vietnam Real Estate Association. These individuals buy and sell social housing slots at a premium, creating market distortions and causing frustration for legitimate homebuyers. The high demand for social housing has fueled this issue, with touts taking advantage of the situation to make a quick profit, often at the expense of those in need of affordable housing options."

The experts believe that in the second quarter of 2025, primary apartment prices in Hanoi will remain stable and are unlikely to see a significant drop.

"The development of social housing projects requires a comprehensive, long-term strategy with effective implementation by the authorities," says Dr. Nguyen Van Dinh.

The My Thuy Port project, with a total investment of nearly VND 15,000 billion, has faced delays in construction progress over the past 6 years due to challenges in site clearance and licensing procedures related to mineral exploitation.

"The Danang Department of Construction announced on May 27th that they will be releasing a new batch of affordable housing units for sale at the An Trung 2 Apartment Complex in the Son Tra district. These units are aimed at providing quality housing options for low-income individuals and families in the area."