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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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Koh Samui To Follow Phuket In International Reopening

Category: Tourism, Posted:19 Jun 2021 | 16:29 pm Leading tourism news out of Thailand has the government’s CCSA (Centre for Covid-19 Situation Administration approve in principal a plan to open a sealed route to Samui in mid-July. The plan covers the three islands of Koh Samui, Koh Tao and Koh Phangan and would require travelers to first stay in an ASQ hotel for […]
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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]