Who are the owners of luxury apartments in District 1? A view of The Grand Manhattan, a luxury apartment project in downtown HCMC The just-launched Grand Manhattan has become the center of splendor due to its luxury apartments being located in downtown HCMC, which are not easy to own. From international investors Elena Goh, a Singaporean real estate investor, is one of the first owners of apartments at The Grand Manhattan, “HCMC is a market my husband has eyed for ages. So we decided to purchase apartments as soon as the project was introduced to the market. Compared with other property markets which I have invested into such as Hong Kong, apartments in HCMC have a much lower price and profit margins reach 4%-5%, compared to Hong Kong’s 1%-2%.” As an experienced real estate investor, Elena Goh said, “In Hong Kong and Singapore, profit growth of luxury properties tend to be stable. I believe that profits from real estate projects in HCMC, which is an … [Read more...] about Who are the owners of luxury apartments in District 1?
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Novaland launches The Grand Manhattan apartment project in HCM City’s District 1 at prices starting from US$6,000 per square metre. VNS Photo Viet Nam News HCM CITY – Giant property developer Novaland Group has launched a new apartment project, The Grand Manhattan, in the heart of HCM City. Prices of units in the project, which will come up at the corner of Cô Giang and Cô Bắc streets in District 1, will start at US$6,000 per square metre. Novaland said the condos, to be handed over in the last quarter of 2021, would have two or three bedrooms and smart-home technologies. Besides the usual amenities like a swimming pool and BBQ area, it will also have a park and other attractions on 4,200sq.m of its total area of 14,000sq.m. At the launch, Novaland offered a number of promotions to buyers like free parking space, fully equipped kitchens and a four-day stay at the Azerai Cần Thơ resort. - VNS … [Read more...] about Novaland launches luxury apartments at $6,000 per square metre
Prestigious real estate developer Phu My Hung plans to launch its new apartments, developed in cooperation with three leading Japanese partners, in Ho Chi Minh City in the coming weeks. The Grande is built over 5,540 square meters. The 26-floor building, with two basements, has 309 apartments and 13 shops. There are options for apartments ranging from 69 and 249 square meters with one to four bedrooms. Two-bedroom apartments account for 62 percent of all the units. Customers will have 28 months to pay for half of the prices, the investors said. They will pay another 45 percent when receiving the apartment and the remaining 5 percent when receiving the ownership certificate. The project is guaranteed by Vietcombank’s South Saigon Branch and Vietnam International Bank, which also work with the investors to provide interest rate support for customers seeking bank loans. Midtown, a complex of condos, office and retail space and amusement centers, is Phu My Hung’s biggest … [Read more...] about First Japanese apartments in Phu My Hung launched
Vietnam to import 3 billion cubic meters of gas from 2015 By Van Nam - The Saigon Times Daily HCMC – Vietnam will have to import some three billion cubic meters of gas each year from 2015 to meet the stronger demand for industrial and household gas use, said an executive of PetroVietnam Gas Corporation (PV Gas). Do Van Hau, deputy general director of PV Gas, told a seminar on Vietnam’s gas industry held here on Wednesday that from 2015, the country would annually consume 17 billion cubic meters of gas, while PV Gas as the dominant gas supplier could supply only 14 billion cubic meters by that time. “So the gas amount supplied each year will fall far short of the demand from 2015. PetroVietnam Gas is preparing itself to secure overseas gas sources to import three billion cubic meters each year,” said Hau. According to PV Gas, the corporation this year can supply a total of 8.5 billion cubic meters of gas of all kinds for local demand. This gas amount will be … [Read more...] about Vietnam to import 3 billion cubic meters of gas from 2015
Talk Around Town by Lan Lan Unlike in the past when Ha Noi's apartments were only available to permanent residents and Government workers, today condos, villas and apartments are springing up all over to accommodate an influx of people from surrounding cities and provinces. Nguyen Huu Kien from the northern province of Bac Giang says his parents rented him an apartment in Ha Noi's North Linh Dam residential quarter so he'd have a quiet place to study. "The relationship between neighbours in the quarter is better than I thought it would be. I assumed it would be like on the streets where people rarely talk to each other. "When I first arrived in the city to study at the University of Technology I was surprised that people didn't talk with each other like we do in rural areas. "My life in the residential quarter is comfortable. People don't bother their neighbours, but they do chat, exchange views and help each other our when necessary. "No one causes trouble because we all live … [Read more...] about City apartments have a neighbourhood feel