Khanh Hoa to build airport urban area
Property

Khanh Hoa to build airport urban area

The objective of planning for the Cam Lam New Urban Area on nearly 55,000 ha in south-central Khanh Hoa province is to develop an airport urban area in combination with a global financial-intelligence and innovation center, and to build the world’s leading entertainment and shopping center and paradise resort. The population in the Cam Lam New Urban Area is tipped to be 320,000 by 2030 and 770,000 by 2045.
Property

Quang Ngai needs large sum for housing development

It is necessary to mobilize more than VND120 trillion ($5.14 billion) to implement the Housing Development Program to 2030 and vision to 2050, which has recently been approved by the Quang Ngai Provincial People’s Committee. The central province has proposed many solutions to promote socialization in commercial and urban area housing projects.
Property

Quiet 2H in store for real estate

Batdongsan.com and real estate investment fund Rich Invest have both forecast that Vietnam’s real estate market will continue to be quiet during the second half of the year because of tightening credit to the sector. Mr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokers Association, said the market is going through a period of rebalancing. House prices will increase due to rising costs and liquidity will decline.