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Danang Resort Residential Heats Up

Category: Real estate, Posted:06 Aug 2009 | 11:17 am

Roll back the clock a few years ago and Danang's China Beach was on the radar of virtually all of the regions hotel chains and institutional property developers. After a rocky road back of a major currency devaluation, hyper-inflation and the slow down of its economy Vietnam is again buzzing with activity in its residential sector.
The current success of Indochina Land's Hyatt Regency mixed use development where resort apartments have not sold just under 100 units in a short period after launch. Surprising many is the fact that most buyers have been Vietnamese nationals who tapped into unit offerings of 75 square meters with sales prices averaging US$2000-2500 dollars per square meter. The ability for locals to finance the units is one of the key demand drivers in what has been a very efficient take up rate.
Other resort destination such as Nga Trang, Phu Quoc and Phan Thiet represent just of few of many locations that hotel managed property developers are chasing deals in. While the Hyatt has been a great success story, there remains question's about the depth of the domestic investment market for secondary purchases. As for now a number of similar projects are spurring a quick entry to the market which currently is rising on favorable sentiment.

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Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]