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New property law piles risk on banks

HCM CITY (VNS)— A proposed decree to guide the recent amendments to the Law on Real Estate Business that requires housing developers to get guarantees from banks before they can sell or lease out units needs to be more specific to ensure safety, a developer has warned.

Japanese group invests in HCM City

HCM CITY (VNS) — Japan's Creed Group, a real estate firm specialising in principal investment and property development, has signed a comprehensive investment co-operation contract with An Gia Real Estate Investment and Development JSC.

Nearly $1.7b of FDI pours into real estate market

HCM CITY (VNS)— The country's property market attracted US$1.69 billion in foreign direct investment (FDI) for 15 projects in the first seven months of 2015, according to the Foreign Investment Agency. This figure accounted for 19.3 per cent of the total FDI capital of $6.92 billion.

Foreigners Buy Houses In Vietnam - Stimulus Resource For Real Estate

On July 1st 2015, the law for foreigners to buy houses in Vietnam began to take effect. 2015 07 15 1This will make the real estate market have a larger demand. Thus, for approaching international standards, the investors have to adjust operations, ways of working and management to introduce the products with strict requirements on quality and attentive service ... so as to meet the requirements of this new market.

City's real estate boom needs good planning

While residential developments in the west and north of HCM City have few customers, the property spotlight is falling on the east and south of HCM City where Districts 2, 9, and Binh Thanh are seeing plenty of transactions.

Vietnam real estate market continues attracting foreign investors

Foreign direct investment (FDI) capital to Vietnam’s real estate market has continued increasing recently with high-value deals of many giants from South Korea, Japan and Singapore. The Foreign Investment Agency under the Ministry of Planning and Investment reported as of July 20, the country has licensed 1,068 new projects with the registered capital of US$6.92 billion, up 1 percent over the same period in 2014

VIR - New law widens foreign home rights on July, 2015

With a majority of 77 per cent vote the National Assembly last week passed the long-awaited amended Law on Housing which would expectedly make positive changes to home-ownership rights for foreigners. Bich Ngoc reports.

Foreigner property rights to boost Vietnamese realty market

Viet Nam's real estate market will become more competitive within the region because foreigner property rights will soon be allowed, Savills Viet Nam said in a statement last November 26.

Hung Phuc Project, Phu My Hung – Happy Residence: Interfacing design between tradition and modernity

Hưng Phúc Project – Happy Residence, the new condo project of Phu My Hung Corporation,  is located on an area of 9,500m2 in the Southside District of Phu My Hung City center (also called Nam Vien residential area) – the area with most greenery and diversifying schools in Phu My Hung.

With the good location along the commercial Nguyen Luong Bang Avenue, right at the gateway to luxury villas like Chateau, My Phu 1, 2, 3… Hưng Phúc – Happy Residence can bring an new experience of a bustling urban space, amenities, while ensuring the ecological environment for the residents. “For a happy life” is what Hung Phuc – Happy Residence condos can be the place for the residents, especially for the young families or the 2nd generation in Phu My Hung City Center.

Designed by NQH Architectural Company, Hưng Phúc – Happy Residence includes 4 blocks with 19 floors and 554 condos. (72~93m2) and 13 shops. According to Architect Ngo Quan Hien: This is one of the projects that NQH Company puts much efforts to create a desirable living space for a modern lifestyle in harmony with Phu My Hung urban landscape.

Accordingly, the design concept of Hưng Phúc – Happy Residence brings high applicability and exploits design style of open living space, interfacing traditional culture with modern culture. The architectural highlight of Hung Phuc – Happy Residence is the four connected blocks on a 2-storey podium with many on-site amenities such as swimming pool, a BBQ area, gym, community room, playground..

This new condo project will be launched in early October 2015. This new condo project has attracted many foreigners’ interests for home-buying choice since Phu My Hung is the favorable place for the expatriates.

The good location of the new condos will be the focus for home-choice
The good location of the new condos will be the focus for home-choice
The residential block lobby is thoughtfully designed for a warm welcome to the residents.
The residential block lobby is thoughtfully designed for a warm welcome to the residents.

New project name: Hưng Phúc – Happy Residence

Type: Condo

Project Location: Parcel S10-2 in the Southside Dist. of Phu My Hung City Center, along Nguyen Luong Bang Ave.

Site area: 9.592m2

Numbers of blocks: 4

Floor height: 19F

Number of condos: 554

Shops: 13

Condo areas: 72m2 ~93m2

Launch time: 10/2015 (as planned)

* More informations, please contact: An Phat Real Estate - Hotline: 0938.218.206 or saigon4sale4rent@gmail.com

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