A 100-ha hot mineral resort being built in northern Thanh Hoa province is to be a modern urban-style ecological residential area as well as a resort complex combining entertainment services, indigenous cultural tourism, and healthcare.
The real estate sector in northern Thanh Hoa province has attracted greater attention from investors in recent times. Many are focusing on new and unexplored markets during an investment wave in industrial real estate for supporting industries.
According to experts, real estate remains a sustainable investment channel amid the pandemic because demand for housing is always high. Suburban land is gaining attention because the concept of a green, safe, living space that is close to nature is becoming popular, especially during the pandemic.
Northern Thanh Hoa province is calling for investment in a number of real estate projects, including a new residential area in Ben Sung town in Nhu Thanh district on an area of 66,043 sq m and with a population of 672 people.
To ensure land use serves socio-economic development, the Thai Nguyen Provincial People’s Committee has proposed adjusting and supplementing a list of 312 land acquisition projects, including the conversion of rice cultivation land use in 2021.
The positive signs in pandemic control and the widespread vaccination campaign in Vietnam have made investors more prepared to invest in its real estate market. According to experts, the country’s real estate sector is still considered one of the two safest investment channels, joining securities.
The Con Son Tourist Area project (called the TMS Can Tho Resort) has been revoked by the Can Tho City People’s Committee because implementation has been too slow. Invested in by the TMS Group, the project was to be on 75 ha with total investment of more than VND1,570 billion ($69 million).