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PROPERTY TRENDS Vietnam's Lux Apartments Drawing Crowds

Category: Real estate, Posted:23 Sep 2010 | 06:00 am

Take a ride from Ho Chi Minh's international airport to the city center of District 1 and the signs of growing affluence are everywhere from posh BMW dealerships, to new luxury hotels.
Now as complicated zoning continues to create challenges for high end urban residential offering growing peripheral locations in outer areas is seeing a surge of high end property sales.
While Vietnam real estate has traditionally been a largely cash driven trade, financing is now coming into the broader market with down payments of 20-30% and 20 plus year terms.
It's doubtful that Uncle Ho would have agreed with Vietnam's current Western step into the material world

Other News

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Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
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After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]
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Remembering Florian Hallermann

Category: Hotels, Posted:16 Sep 2021 | 08:56 am We’d like to take a moment to remember Zeavola General Manager Florian Hallermann. Florian tragically died in a hiking accident in Ko Phi Phi. He was a familiar face in Greater Phuket hospitality circles for many years and well-loved in Ko Phi Phi, which was his last posting. Looking back at the start of our […]