Property

Northern Thanh Hoa province has requested that provincial-level departments, agencies, and People’s Committees of the capital city and districts and towns continue implementing the policy of discouraging investment in lot-divided low-rise social housing. Demand for social housing in the province remains quite high.

According to the Kon Tum Department of Natural Resources and Environment, “land fever” was experienced in certain localities in the central highlands’ province from mid-2021 to the opening months of 2022, after false information had spread. In the second quarter, though transaction volumes for land plots have rebounded, the land price remains flat and largely unchanged from the first quarter. Of note, social housing is gradually attracting more attention.

Under Decision No. 2189/QD-UBND from the Thanh Hoa Provincial People’s Committee, seven industrial clusters on a total area of 340 ha will be added to the provincial industrial cluster development plan to 2025 and orientation to 2030.

Real estate projects in Da Nang have primarily focused on the resort segment over the last decade. The city now needs residential urban areas but will not build small, fragmented developments that are difficult to link with infrastructure. Instead, it aims to create large-scale ecological urban areas associated with the conservation of natural landscapes.

Features and stories about the Rang Dong Textile and Garment Industrial Park (Aurora IP), belonging to the Cat Tuong Real Estate Group Joint Stock Company, have been published by many leading news agencies around the world, such as Bloomberg, Market Insider, Yahoo Finance, and Daily Express. The IP is gaining appeal among domestic and foreign investors, and contributes to the sustainable development of the textile industry.

Coastal real estate prices in Ha Long city in northern Quang Ninh province have increased sharply over recent years. They are still, however, only two-thirds of those seen in traditional coastal real estate markets such as Da Nang, Nha Trang, and Phu Quoc Island. According to investors, price rises will therefore be difficult to stop in Ha Long city, especially given the shortage of real estate in prime locations.