(Dan Tri Newspaper) - After nearly two years of operation of Metro Line 1 in Ho Chi Minh City, apartment prices along the route have increased sharply, with some projects seeing increases of over 400%, making housing near stations increasingly inaccessible to low- and middle-income earners.
To attract high-spending tourists and encourage longer stays, Quy Nhon's resort real estate needs to supplement its supply of quality accommodation, diversify experiences, and better connect with its value proposition.
Ho Chi Minh City plans to start construction on 5 metro lines by the end of 2026. Among these, the Thu Thiem line connecting to Long Thanh Airport has the largest capital investment, at approximately 134,000 billion VND.
Vietnam has over 16,000 "branded" properties (including both completed and under-construction), ranking third in the world after the UAE and the US, according to Global Branded Residences.
Behind the new ranking lies significant changes in the legal framework, data, and how the real estate market in Vietnam is valued.
TPO - Phat Dat Real Estate Development Joint Stock Company has been granted permission to change the land use purpose of an additional 2,100 m2 of land to implement the Tan Phu Ward Housing Project, while Hung Loc Phat Real Estate Investment Joint Stock Company has changed the land use purpose of 37,170 m2 of land to implement the Apartment Complex Project in Tan Thuan Ward.
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