Premium or not? Let the residents decide
After a series of conflicts at “premium” apartment complexes, it seems like homebuyers and developers in Vietnam have learned many great lessons for their own. From our observations, there was at least one new conflict every month in 2017 at apartment complexes that are classified as “premium” in Vietnam. The complexity and size of these conflicts grew year after year as well. In the past, conflicts at premium apartments such as Keangnam Hanoi Landmark Tower, Sky City Tower Hanoi or Parkview Residence often stemmed from issues of public versus private possessions or late handovers. However, in 2017, most conflicts were over project quality issues and exaggerated advertising problems. Another difference is that in the past most residents only submitted formal complaints to the local authorities—nowadays they choose to go out in protest or hang banners outside the buildings, as exemplified by the cases of Ho Guom Plaza (Hadong District, Hanoi) or Mipec Riverside (Long Bien District, Hanoi).
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http://www.vir.com.vn/premium-or-not-let-the-residents-decide-56784.html
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FLC launches first real estate project in Danang
FLC Group has introduced its first property project in the central coast city of Danang called FLC Eco Charm, which is a model urban area project following numerous housing projects by the group in Hanoi, Thanh Hoa and Binh Dinh. The urban area is easily accessible to key roads in the city such as East-West Economic Corridor, National Highway 1A and Lien Chieu-Dung Quat Expressway. Covering 60 hectares, FLC Eco Charm is the only urban area northwest of the city to be bounded by rivers. The first phase of the project has been completed with row houses, shophouses and villas.
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Park Place Residences to launch final 219 units for sale
PARK Place Residences at Paya Lebar Quarter (PLQ) - a mixed-use development - will launch its second phase of sales on Apr 7th, developer Lendlease announced on March 12th. The show suite will be opened to the public next Saturday, March 24th, and the final 219 units will be available for sale. This comes after 210 units, or about half of the total units, were sold in the first phase last year, exceeding the initial 40% planned after strong interest from buyers.
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Singapore condo resale prices up 1.9% in February, units sold jump 11.3%
RESALE prices of condominiums and private apartments in Singapore continued to accelerate last month surpassing the last peak in prices seen in January 2014, according to flash estimates from SRX Property on March 13th. Prices in February climbed 1.9% from the previous month - higher than the 1.3% month-on-month price rise seen in January, which was revised up from an earlier estimate of a 1% increase. February's resale prices were 1% higher than the peak in January 2014 and 7.6% higher than a year ago, said real estate portal SRX.
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Smart house of the future
In the whirlwind of Industry 4.0, the adoption of smart home application attracts great attention from users in Vietnam. Duc Thanh provides an insight into the matter. The development of smart homes is an indispensable trend of the global real estate market and a fertile ground for big tech firms. Most of the leading names in the industry are participating in this field, including Google, Samsung, Microsoft, and Apple, just to name a few, through mergers and acquisitions or the self-development of smart home solutions.
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