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Weekly News 26.02.2018 – 02.03.2018

Top out Detech Tower II

Project investor of Detech Tower II has recently inaugurated the topping-out ceremony of the project at 107 Nguyen Phong Sac, Cau Giay District, Hanoi. Detech Tower II is a 17-floor office tower, attached with one commercial floor and four basement floors, spanning 6,500 square meters. After 13 months of construction, the projects has its rough structure completed 100pct and expects to be finished and hand over products to customers in Q4-2018.

For more details, please kindly visit:

http://tinnhanhchungkhoan.vn/cung-cau/cat-noc-du-an-detech-tower-ii-218457.html

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Sun Casa building on two counts of VSIP success

On January 28th, the investor Sunshine Group held the topping-out ceremony for two buildings CT1 and CT3 of Sunshine Riverside, the top high-class five-star project in West Ho Tay, Hanoi. Attending the ceremony was the company’s board of directors, reputable contractors like Vinaconex, Coninco Housing… as well as hundreds of visitors. With a total investment of VND2,500 billion, Sunshine Riverside is a high-class apartment-service-trade complex, and consists of 3 apartment towers located amidst of international schools, shophouse system, entertainment center for community, and friendly scenery, etc.

For more details, please kindly visit:

http://www.vir.com.vn/sun-casa-building-on-two-counts-of-vsip-success-56488.html

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Resort property awakens to competition

Sleeping through the hard winter years, the princess of the real estate sector the resort property segment is now awake, for the joy of keen developers and investors. However, the princess is not the sole bachelorette anymore: she is now in a contest with other beauties. In line with the objectives of Vietnam’s development strategy for tourism to 2020 with vision to 2030 approved by the prime minister in 2011, by 2020, the country aims to welcome 17-20 million international tourist arrivals and 82 million domestic tourists, increasing accommodation by 580,000 rooms nationwide, 35-40% of which are of three- to five-star standard.

For more details, please kindly visit:

http://www.vir.com.vn/resort-property-awakens-to-competition-56480.html

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Hanoi establishes team to inspect apartment buildings

Hanoi Construction Department has set up an inspection team to review apartment buildings and impose fines for violations in their use and management. The team has nine members led by Cu Quang Anh, deputy chief inspectorate of the city's Construction Department. The team will inspect apartment's investors, owners, users, operators and management boards in following State regulations. It will also scrutinise documents on management of apartments and maintenance funds between investors and management boards.

For more details, please kindly visit:

http://isentia.net.vn/viewarticles/default.aspx?acc=sTsVXiexhk0=&file=XpIJfdU%20r0G8AMRz7vt/ESvnMvIq1Gnr7k/k2pzNpkfPTmPSyADiIblb5YrLs/2iIso4fUzKr28=&app=n7q0r37qA1I=

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Creating civilized living space

Hanoi real estate market has only been developed for the past 15 years, but already recorded important steps of development, changing the city’s image, improving living conditions of residential classes, as well as promoting development of the city’s socio-economy. Real estate market in Hanoi has created conditions for prices and transaction models to be conducted following market mechanism, providing opportunities to correct the current subsidy mechanism in property development especially in housing segment. A large amount of foreign investment capital in office towers, hotels and major townships like Ciputra, Gamuda, Splendora… contributes positively to the city’s economic development and integration to international economy.

For more details, please kindly visit:

http://kinhtedothi.vn/tao-lap-khong-gian-song-van-minh-309846.html