After the Government approved Hanoi’s master plan by 2030 and a vision towards 2050 in July, many experts in the property sector have regarded it as an important legal foundation for investors to effectively exploit potential and make a transparent development plan in the capital.
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A lot of real estate project assignment deals where buyers are foreigners have been reported so far this year, while the number is expected to increase towards the end of the year since the assignments, which are now under negotiations would be finalized by that time.
Residential owners are finding it hard to sell their properties despite discounted prices and promotions. Nguyen Tran Nam, Deputy Minister of Construction, said at a
As developed markets in Asia have become no more attractive to investors because the prices have become overly high, investors are now eyeing developing markets, of which Vietnam is the top choice.
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The media reported last week about the record price that a company paid for land at a prime site in Hanoi. Times T&T Joint Stock
The
ietNamNet Bridge – Real estate experts believe that the western area of the city will still be the most profitable area for investors in the time to come. However, the eastern area is also believed to bring good profit.Though the master programme for Hanoi development by 2030 has not been approved yet, the outlines of