South Korea's mid-sized financial group AON Holdings will take control of Keangnam Landmark 72 building in Hanoi.
Hanoi's residential market is expected to continue to show strong performance in 2016, according to JLL’s report.
The latest report of Vietnam Real Estate Association (VNREA) expected higher prices on the domestic market due to market and economic factors.
Experts said Vietnam needs more drastic measures to boost housing development since the rapid urbanization coupled with a young population has made it an urgent problem in the country.
Da Nang People's Committee and related departments have recently started work on acquisition of 150,000 sq m for Hoa Ninh eco-villa project in Hoa Vang district.
According to a recent report by Savills, the villa/townhouse segment in Hanoi has become vibrant after three quiet quarters of 2015.
A recent report released by Ministry of Construction (MoC) reveals an improving property market during 2015.
Brought to its knees when its property market bubble burst four years ago, Vietnam is riding into another boom, with construction starting in Ho Chi Minh City on two of the world's tallest skyscrapers and buyers snapping up new projects fast.
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