CBRE

Update news CBRE

VietNamNet Bridge - Luxury real estate projects can be developed by either Vietnamese or foreign investors, but most of them are managed by international management groups.

Finance Ministry plans to impose progressive tax on houses to reduce speculation

VietNamNet Bridge - Progressive taxation is expected help reduce speculation in housing, according to the Ministry of Finance (MOF).

Foreign capital flowing to Vietnam’s housing market

VietNamNet Bridge - Many globally renowned investment funds have shown interest in the Vietnamese property market after announcing investment deals worth tens of millions of dollars in potential real estate firms.

Big real estate developers eyeing hotels

VietNamNet Bridge - Many successful merger & acquisition (M&A) deals in the hotel sector were reported in the first six months of the year. Some of the deals were worth hundreds of millions of dollars.

HCM City housing market slows, but may warm up in H2

VietNamNet Bridge - The sharp increase in the supply plus changes in policies related to the real estate market have led to a considerable decrease in the number of property transactions.

CBRE: Hai Phong to become international gateway

 Possessing major advantages and potential, Hai Phong is expected to become a gateway connecting Vietnam with the world, according to CBRE’s Vietnam Special Report released recently.

CBRE: VN to benefit from TPP

 VietNamNet Bridge – As the least developed of the Trans-Pacific Partnership member nations, Viet Nam is most likely to become the biggest beneficiary of the agreement with an increase in GDP, FDI and exports of manufactured goods,

Weaker VND drives cash to real estate market

VietNamNet Bridge - The dong devaluation has caused changes to the cash flow: it will help heat up the real estate market. However, the dong/dollar exchange rate adjustment will not influence property prices.

Retail building oversupply reaches alarming level in HCM City

VietNamNet Bridge - Rents for retail premises in HCM City are falling and shopping malls are poorly patronized, but supply of retail space continues to explode. 

Foreign real estate service providers leaving Vietnam quietly

VietNamNet Bridge - Foreign real estate service providers often enter Vietnam with noisy PR campaigns, but then leave quietly.

BUSINESS IN BRIEF 3/11

 VN economy improving: CBRE; Minister Vinh says falling FDI approvals no cause for concern; Bac Ninh welcomes smartphone plant; Trade surplus in 10 months: Satisfactory but unsustainable; Vietnamese flock to Japan on reduced prices

Investment in hotels on Phu Quoc Island reap high profits

A recent study by CBRE showed that the luxury hotel market in Phu Quoc Island has had a more impressive performance than other major tourist cities in Vietnam such as Phan Thiet, Nha Trang, Vung Tau, Da Nang, Hanoi and Ho Chi Minh City.

Home prices still too high for most

 VietNamNet Bridge – Developers are offering more affordable housing, yet people continue to hesitate when it comes to making home purchases.