The Hanoitimes - In a world where home prices are looking precarious from London to Hong Kong, Sydney and New York, it makes Vietnam an attractive location. Hanoi, HCMC, Danang stir Vietnam real estate market with lots of exciting activities Mid-end segment, cleared land: focus of Hanoi’s real estate market in 2019 Property investment lending in Vietnam set to be tightened from 2019 Hanoi ranks 3rd most global dynamic real estate city: JLL Vietnam property inventories plunge to US$992 million as of end-2018 Vietnam’s status as one of the fastest-growing economies has spurred overseas investors to target the nation’s real estate, alongside a rapidly growing cohort of well-heeled domestic buyers, eager to put hard currency into property, Bloomberg reported. In a world where home prices are looking precarious from London to Hong Kong, Sydney and New York, it makes Vietnam an attractive location. Vietnam is where southern China was 10 or 15 years ago, … [Read more...] about Vietnam emerged as hot new market for luxury property: Bloomberg
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Who are the owners of luxury apartments in District 1? A view of The Grand Manhattan, a luxury apartment project in downtown HCMC The just-launched Grand Manhattan has become the center of splendor due to its luxury apartments being located in downtown HCMC, which are not easy to own. From international investors Elena Goh, a Singaporean real estate investor, is one of the first owners of apartments at The Grand Manhattan, “HCMC is a market my husband has eyed for ages. So we decided to purchase apartments as soon as the project was introduced to the market. Compared with other property markets which I have invested into such as Hong Kong, apartments in HCMC have a much lower price and profit margins reach 4%-5%, compared to Hong Kong’s 1%-2%.” As an experienced real estate investor, Elena Goh said, “In Hong Kong and Singapore, profit growth of luxury properties tend to be stable. I believe that profits from real estate projects in HCMC, which is an … [Read more...] about Who are the owners of luxury apartments in District 1?
World Luxury Hotel Awards 2018 honours Silk Sense Hoi An River ResortBemis officially opens representative office at Maxport Limited Vietnam HeadquarterCelebrate year end party for company with Novotel Danang with chance to receive undeniable prizesSchool without classes or teachers opens in Việt NamJohnson Controls-Hitachi Air Conditioning is boosting their air conditioning business in Vietnam At the World Luxury Hotel Awards in Bali over the weekend, Salinda Resort won the Best Luxury Boutique Resort in the World 2018, becoming the only hotel in Viet Nam to be named as a Global Winner this year. This reputable global organisation celebrates luxury hotels and recognises their world class facilities and service excellence with over 1,000 luxury hotels participating in the awards each year. “We are delighted and honored to be conferred with this award”, says Jeevan Thomas, Resort Manager of Salinda Resort. “Transforming a dream into reality has been in the … [Read more...] about Salinda Resort Phu Quoc Island wins Best Luxury Boutique Resort in the World 2018
Laguna Lang Co Resort has recently been named by Robb Report among the top four luxury resorts in Vietnam, affirming its prestige as an ideal second home destination in Central Vietnam. The aerial view of Laguna Lang Co Earlier, Laguna Lang Co Resort also received the Golf Digest Editor’s Choice Award 2018 for the best golf resort in Asia, Vietnam for the second consecutive year. Being recognised for its quality by such a prestigious journal is testament to Banyan Tree Group’s commitment to deliver Vietnam’s most desired golf experience. The complex is comprised of Banyan Tree Hotel, the beachfront Angsana Hotel, two Banyan Tree and Angsana branded spas, and luxury residences, including Banyan Tree Residences and Laguna Park residences which decorate an 18-hole championship golf course, designed by Sir Nick Faldo. Wherever you stay, you are always within walking distance of the golf course, making it a truly luxurious golf lifestyle. All rooms at Banyan Tree … [Read more...] about Robb Report names Laguna Lang Co among top four luxury resorts
Viet Nam News by Brian Spence* Speaking to friends back home, they are often very surprised to hear about Việt Nam’s explosive growth. China tends to dominate people’s thinking about Asian economies and frankly many have a very outmoded view of Việt Nam. Few appreciate that this beautiful country is one of Southeast Asia’s fastest growing consumer markets, and that rapid change is being driven by the expanding middle and affluent classes. Far better informed is the luxury goods sector, which is showing itself increasingly keen to stake a claim to the Vietnamese market. These companies know the conditions exist for rapid expansion: stunning, sustained GDP growth; a young, well-educated population; rising living standards and discretionary spending sit alongside a general taste for conspicuous consumption that must have luxury goods firms taking urgent steps to ensure they do not miss out. Evidence all around Of course, no one living here could have … [Read more...] about A luxury goods boom for Việt Nam