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VietRees – Vietnam Real Estate – Web: www.VietRees.com – Email: Info@VietRees.com Week 2 – June, 2008
A member of:
NEWS BULLETIN FOR PROFESSIONAL REAL ESTATE INVESTORS, PLANNERS, DEVELOPERS AND MARKETERS
English Edition Editorial Board: VietRees Market Information Department and RENOW Group Company – Renow.com.vn
Page 1
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This is a weekly newsletter issued by VietRees – Vietnam Real Estate. This is shared with partners, clients, members (registered) and internal VietRees together with those who are concerning or
interested in Vietnam real estate market changes. Although the information is selected, synthesized from all reliable sources, this newsletter is only for reference and VietRees is not responsible for
the occurring damage. Please visit the website www.VietRees.com for further Vietnam Real Estate information. VietRees states clearly the original sources and dates for your convenient tracking or
getting full information. Should you need any queries or register to receive the newsletter, please contact via marketnews@VietRees.com.
Vietnam Real Estate Newsletter A35
VietRees – Vietnam Real Estate – Web: www.VietRees.com – Email: Info@VietRees.com Week 2 – June, 2008
A member of:
NEWS BULLETIN FOR PROFESSIONAL REAL ESTATE INVESTORS, PLANNERS, DEVELOPERS AND MARKETERS
English Edition Editorial Board: VietRees Market Information Department and RENOW Group Company – Renow.com.vn
Page 2
7. Savills manages Saigon Pearl complex Source: VietRees 8. Hung Anh JSC cooperates with Source: SaiGonTimes
District 5 Housing Development and
11 Jun, 2008 12 Jun, 2008
Management Company
Real estate service provider Savills Vietnam has signed a contract On June 6th, 2008 Hung Anh Construction and Investment Company
with Vietnam Land SSG to manage the latter’s Saigon Pearl signed a cooperation contract with District 5 Housing Development
Complex - 92 Nguyen Huu Canh, Binh Thanh District, HCMC on and Management Company to establish Hung Anh 5 Real Estate
June 10th 2008. Business Investment Co, Ltd with the charter capital of 90 billions
With the area of over 10 ha and the total investment of more than USD.
500 millions USD, this complex comprises 2,000 high-grade Besides its functions including construction of civil projects and real
apartments, 5 star hotel, high-rise office building, trading center estate brokerage,…Hung Anh 5 also focuses on business
and shopping area…Savills will provide professional management development of ecotourism projects. Both Hung Anh Company and
services which meets international standards. Hung Anh 5 are affiliated companies of Sacobank.
Insightful Real Estate Market Information And Research: Please contact VietRees, the professional real estate researching and consulting company in
Vietnam. We specialized in inspecting demands and performing behavioral analysis on current customers, targeted customers and potential customers in the
real estate business sector in order to assist and advise real estate companies developing a perfect business and marketing plan that succeeds in satisfying
customer demands to its best. Furthermore, VietRees carries out a wide variety of researches including possibility analysis, competition analysis, media
marketing analysis and real estate valuating services.
Sponsor:
This is a weekly newsletter issued by VietRees – Vietnam Real Estate. This is shared with partners, clients, members (registered) and internal VietRees together with those who are concerning or
interested in Vietnam real estate market changes. Although the information is selected, synthesized from all reliable sources, this newsletter is only for reference and VietRees is not responsible
for the occurring damage. Please visit the website www.VietRees.com for further Vietnam Real Estate information. VietRees states clearly the original sources and dates for your convenient
tracking or getting full information. Should you need any queries or register to receive the newsletter, please contact via marketnews@VietRees.com.
Vietnam Real Estate Newsletter A35
VietRees – Vietnam Real Estate – Web: www.VietRees.com – Email: Info@VietRees.com Week 2 – June, 2008
A member of:
NEWS BULLETIN FOR PROFESSIONAL REAL ESTATE INVESTORS, PLANNERS, DEVELOPERS AND MARKETERS
English Edition Editorial Board: VietRees Market Information Department and RENOW Group Company – Renow.com.vn
Page 3
A5-LEGAL NEWS
13. The possibility of granting Source: Vneconomy 14. The Fourth Draft Source: DienDanDoanhNghiep
construction permit through Internet amendments and supplements
10 Jun, 2008 11 Jun, 2008
of Land Laws 2003
Ministry of Construction expects to grant construction permit and Ministry of Environment and Resource has officially announced The
certificate for construction practice via the Internet in 2009 or 2010. Fourth Draft for amendment and supplement to some provisions of
Land Laws 2003.
With this granting, people can visit websites of management offices
to fill necessary information in available sample forms, and then In this draft, there are 60 provisions which need amending and 6
send them to authorized offices. Authorized offices will receive this provisions which need supplementing, compared with previous times.
information and provide guidelines, make an appointment for It is noticeable that the Provision 57 about regulations on land pricing
bringing concerned papers which are impossible to be submitted and land-price assessment is amended and supplemented. Besides
through Internet to management offices. the organization of land pricing, there is an organization of land price
assessment, which aims to ensure the objectiveness in land-price
At present, there are 40 local departments of construction assessing. Two organizations are established according to decision
implementing the granting of construction permit via the Internet. of Provincial People’s Committee. Additionally, Clause 3 of Provision
According to statistic of Ministry of Construction, there are 26,000 57 regulates that organizations or individuals who want to do service
certificates issued in the past time. There are sample forms of business in land pricing should include these following conditions:
some other administrative procedures online now. - Enterprise or cooperative should be established with its legal capital
and is registered according to regulations.
- At least two people should be granted the certificate of practicing
land-price assessment by Ministry of Environment and Resource.
Sponsor:
This is a weekly newsletter issued by VietRees – Vietnam Real Estate. This is shared with partners, clients, members (registered) and internal VietRees together with those who are concerning or
interested in Vietnam real estate market changes. Although the information is selected, synthesized from all reliable sources, this newsletter is only for reference and VietRees is not responsible
for the occurring damage. Please visit the website www.VietRees.com for further Vietnam Real Estate information. VietRees states clearly the original sources and dates for your convenient
tracking or getting full information. Should you need any queries or register to receive the newsletter, please contact via marketnews@VietRees.com.
Vietnam Real Estate Newsletter A35
VietRees – Vietnam Real Estate – Web: www.VietRees.com – Email: Info@VietRees.com Week 2 – June, 2008
A member of:
NEWS BULLETIN FOR PROFESSIONAL REAL ESTATE INVESTORS, PLANNERS, DEVELOPERS AND MARKETERS
English Edition Editorial Board: VietRees Market Information Department and RENOW Group Company – Renow.com.vn
Page 4
B5. ANNOUNCED PROMINENT REAL ESTATE DEVELOPMENTS DURING THE LAST 4 WEEKS
Week 4 – May 2008 Week 4 (continued) – May 2008 Week 1 – June 2008 Week 2 – June 2008
HCM Intresco 13E RA (D.7), Phu Loi 2 AP Vinh Loc B Commune RuA Vuon Dua Golf Courses and RA Van Phuc Gia Company HA
City (D.8), Khai Hoan AP (D.11) (B.Chanh), Blooming Park (D.2) (D.9) (H.Mon)
Other Da Nhay Resort (Q.Binh), Cau Sat Ho Tram Strip TA – Rung Duong Raffles Residence AP – Indochina Novotel Hanoi on the Park Hotel
Areas IA – Commercial Center Hoi Phu – Laguna Beach Resort (V.Tau), Riverside Towers Complex – True – Long Bien District RuA
Quan doan 3 RA (G.Lai), 5-star Inexim Building (D.Lak), Tay Son Friends Park Complex (D.Nang), (H.Noi), Laguna Hue TA (TT-
Hotel Bo Y – Tay Bo Y IA – An Thinh Complex (H.Noi), Nam Hoang Vung Bau TA (K.Giang), Hue), Mang Den Ecological TA
IA – Dong Duong IA (K.Tum), Ha Đong 1 IA (L.Son) Commercial Area B Vinh Long (Kon Tum)
Linh RA (Đ.Nai) (V.Long)
Sponsor:
This is a weekly newsletter issued by VietRees – Vietnam Real Estate. This is shared with partners, clients, members (registered) and internal VietRees together with those who are concerning or
interested in Vietnam real estate market changes. Although the information is selected, synthesized from all reliable sources, this newsletter is only for reference and VietRees is not responsible
for the occurring damage. Please visit the website www.VietRees.com for further Vietnam Real Estate information. VietRees states clearly the original sources and dates for your convenient
tracking or getting full information. Should you need any queries or register to receive the newsletter, please contact via marketnews@VietRees.com.
Vietnam Real Estate Newsletter A35
VietRees – Vietnam Real Estate – Web: www.VietRees.com – Email: Info@VietRees.com Week 2 – June, 2008
A member of:
NEWS BULLETIN FOR PROFESSIONAL REAL ESTATE INVESTORS, PLANNERS, DEVELOPERS AND MARKETERS
English Edition Editorial Board: VietRees Market Information Department and RENOW Group Company – Renow.com.vn
Page 5
B8. CONSTRUCTION MATERIALS MARKET PRICES REPORT B9. CONSTRUCTION MATERIALS MARKET PRICES
Allowed by the Ministry of Construction, all cement manufacturers Type of goods Price
Unit
have increased the wholesale price by VND 130,000/ ton. Ha (Source: HCMC Department of Finance) (VND)
Tien 1, Cam Pha, Holcim and Cotect in turn increase at VND Ha Tien Cement PCB40 50kg pack 82.000
1.2m, VND 1.185m, VND 1,23m, and VND 1.185m per ton. After
Sao Mai Cement PCB40 50kg pack 80.000
the adjustment, the supply in the market appears to be more
adequate. The recent fever in the construction materials market is Cam Pha Cement PCB40 50kg pack 75.000
due to the fast raising in demand together with the speculation Steel bloom Ø6.8 Viet Nam CT3 kg 17.740
from the consumers in the fear that the price will rise sharply after Tole (metal sheet) squared waves shape –
June. m 59.400
K1.07m, 3 dem
The supplies of cement and clinker transported from the North to Binh Minh asphalt tube 27 x 1,8mm m 6.050
the South of Vietnam will increase up to 200,000 tons. In June,
B40 iron net 1,2m in height, diameter 3mm m 39.600
400,000 tons of cement is expected to be shipped to the South
market. The price is forecasted to be stable in the coming time. In Imported architectural glass (glazing) 5mm m2 115.000
HCMC. , the prices are still high even where there’s no lack in Dong Nai brick ingots 180x80x80 Tuynel brick 1.540
supply. Vitaly ceramic tiles 30 x 30 (dark-colored, grade 1) m2 62.000
Since the demand for steel in construction is getting higher and
Stone 1x2 m3 221.500
prices keep rising, infringes in steel purchasing are much more
popular. Among these, smuggling, tax evasion, and cheating on Stone 2x4 m3 195.000
goods origin… are most common. Selling wrong types of ordered Sand m3 133.500
goods and reducing goods sizes of approximately 1mm in Sand (base for concrete) m3 180.000
diameter are also popular.
Bach Tuyet house paint (Interior) 3.5l barrel 71.800
Edited by VietRees Bach Tuyet house paint (Exterior) 3.5l barrel 79.500
Sponsor:
This is a weekly newsletter issued by VietRees – Vietnam Real Estate. This is shared with partners, clients, members (registered) and internal VietRees together with those who are concerning or
interested in Vietnam real estate market changes. Although the information is selected, synthesized from all reliable sources, this newsletter is only for reference and VietRees is not responsible
for the occurring damage. Please visit the website www.VietRees.com for further Vietnam Real Estate information. VietRees states clearly the original sources and dates for your convenient
tracking or getting full information. Should you need any queries or register to receive the newsletter, please contact via marketnews@VietRees.com.
Vietnam Real Estate Newsletter A35
VietRees – Vietnam Real Estate – Web: www.VietRees.com – Email: Info@VietRees.com Week 2 – June, 2008
A member of:
NEWS BULLETIN FOR PROFESSIONAL REAL ESTATE INVESTORS, PLANNERS, DEVELOPERS AND MARKETERS
English Edition Editorial Board: VietRees Market Information Department and RENOW Group Company – Renow.com.vn
Page 6
Sponsor:
This is a weekly newsletter issued by VietRees – Vietnam Real Estate. This is shared with partners, clients, members (registered) and internal VietRees together with those who are concerning or
interested in Vietnam real estate market changes. Although the information is selected, synthesized from all reliable sources, this newsletter is only for reference and VietRees is not responsible
for the occurring damage. Please visit the website www.VietRees.com for further Vietnam Real Estate information. VietRees states clearly the original sources and dates for your convenient
tracking or getting full information. Should you need any queries or register to receive the newsletter, please contact via marketnews@VietRees.com.