Tea estates

Interest-free 36-month loan or 16.9 per cent discount with attractive housewarming gifts King Palace is becoming the focus of the real estate market with its unique position, located on the "golden road" Nguyen Trai, the route which for decades has been the lifeblood and one of the most rapidly developing areas of Hanoi. Including 410 apartments (82 to 259 square metres) and designed in a European royalstyle, meticulously elaborate down to the last detail, King Palace was honoured by the prestigious Dot Property Awards 2019 with the Best Apartment Architectural Design Vietnam title. Besides, the system of utilities and 5-star world-class quality services could satisfy even the most fastidious future "Kings". King Palace not only wins over customers with its style and grace, it also comes with many attractive sales policies. King Palace attracted many potential customers with its sales opening event Accordingly, homebuyers are entitled to a loan with 36 interst-free months … [Read more...] about Become the “King of Happiness” at King Palace

Overall view of Darling Harbour Sydney, Australia Great connections The Metropole Thu Thiem could be considered a close sibling to Darling Harbour, surrounded by a beautiful river, modern infrastructure, and instantly iconic new landmarks. Its connections are ideal, including four vehicular bridges and one pedestrian bridge over the Saigon River. In addition to these links, Metro Line 2 will allow residents to easily connect to central District 1 and other exciting neighborhoods. Architectural and cultural icons Darling Harbour is famed for its exhibition space and convention centre, as well as Circular Quay and The Rocks. These entertainment venues host beloved annual events such as VIVID Sydney and a spectacular New Year’s Eve fireworks display. Visitors can also enjoy unlimited shopping or go cruising on the water and indulge in delicious cuisine in the harbour. Similarly, The Metropole Thu Thiem features its own intrigue. Iconic new features such as a 1,700-seat Opera … [Read more...] about The Metropole Thu Thiem – Darling Harbour version of Vietnam

Despite being a newcomer, the foreign-owned enterprise has already got involved in three large-scale property projects in District 1, HCMC, slated for completion in 2-3 years. Two projects financially backed by Alpha King are expected to be launched in September: the Alpha Town office block on Tran Hung Dao Street and the Alpha City complex on Cong Quynh Street. Inspired by the “ao dai,” the traditional Vietnamese long dress, Alpha Town is designed as a 35-storey building, supplying 70,000 square meters of office space and a 2,347-square-meter gross floor area designated for a shopping mall. Alpha City, a premium integrated development, comprises twin towers with 49 floors, two large atriums, a transparent façade with LED promotion screens and express elevators. Experts from Alpha King came to Vietnam 18 months ago and realized HCMC’s potential for becoming Asia’s commercial center. The company then decided to tap the local real estate market. Alpha King … [Read more...] about Alpha King officially joins Vietnamese property market

Famous names in the market include Keppel Land and CapitaLand, with the first high-end real estate projects in the country such as The Estella and The Vista. The total supply of high-end apartments in Ho Chi Minh City as at the end of 2007, at approximately 1,700 units, of which about 1,000 units were from FDI projects, was a very small proportion compared to the city's population of 6.85 million at that time. “Since the market share of FDI projects is not high, the average price of high-end primary stocks in 2007 was at US$2,800 per sq m (at an exchange rate of VND16,112), representing an increase of 86 percent compared with sales launches in the previous year,” according to Khanh Nguyen, Associate Director, Capital Markets of Vietnam, at JLL.  “This created a supply-demand imbalance that pushed prices beyond the affordability of homebuyers with real demand. There has been a long queue of buyers trying to compete for the very limited availability of these … [Read more...] about High-end residential the top choice of foreign investors

Remittances to Ho Chi Minh City are expected to reach some 5.3 billion USD in 2019. (Photo: tinnhanhchungkhoan.vn) HCM City (VNA) – Remittances to Ho Chi Minh City are expected to reach some 5.3 billion USD in 2019, a year-on-year surge of 9 percent, despite unfavourable global financial and monetary market, according to Deputy Director of the State Bank of Vietnam’s Ho Chi Minh City branch Nguyen Hoang Minh. Minh said that Vietnamese expatriates remitted roughly 4.3 billion USD to the southern hub as of the end of November. The flow of money has played an important role in economic development as well as stability of foreign currency supply in the city, he stressed. Vietnam was expected to remain one of the top ten remittance recipients in 2019, according to the latest edition of the World Bank’s Migration and Development Brief. Around 16.7 billion USD in remittances was projected to flow into Vietnam for the full year, making the Southeast Asian country the … [Read more...] about Remittances to HCM City expected to pick up 9 percent