District 1

Saigon luxury apartment prices up 40 pct in 3 years

Saigon luxury apartment prices up 40 pct in 3 years

Market

Q4 luxury apartment prices in Saigon have surged 40 percent from 2017 due to limited supply, according to real estate service firm CBRE.

WeWork to open 2 coworking offices in HCMC

WeWork to open 2 coworking offices in HCMC

Market

Coworking startup WeWork plans to open two more offices in Ho Chi Minh City’s District 1 this month.

First UNIQLO store in Vietnam to launch on December 6 in Saigon

First UNIQLO store in Vietnam to launch on December 6 in Saigon

Projects

UNIQLO, a Japanese casual wear retailer, on November 5 officially announced its arrival in Vietnam with the brand’s first store, UNIQLO Dong Khoi, to open in Ho Chi Minh City’s District 1 on December 6.

Ho Chi Minh City to launch international design contest for Ben Thanh station

Ho Chi Minh City to launch international design contest for Ben Thanh station

Policy

Foreign and domestic consulting firms have been welcomed to submit designs for the underground space of the Ben Thanh station in District 1 as part of a competition recently approved by the HCMC government.

Delayed underground parking project in downtown Ho Chi Minh City to continue

Delayed underground parking project in downtown Ho Chi Minh City to continue

Policy

Authorities in Ho Chi Minh City (HCMC) have revived and allowed the Dong Duong Group to continue work on underground parking project in downtown District 1, which had not been included in the city’s annual land use plan for this year, about nine years after its construction was originally scheduled to start.

Dual benefits of investing in luxury apartments in District 1

Dual benefits of investing in luxury apartments in District 1

Projects

The Grand Manhattan, which has been introduced to the market half a year ago, keeps the luxury property segment hot thanks to its dual benefits of rising prices and high rental yields in the future.

Ho Chi Minh City to build more pedestrian streets

Ho Chi Minh City to build more pedestrian streets

Lifestyle

Ho Chi Minh City’s Department of Planning and Architecture and Spain's Idom Ingenieria Consultoria S.A. plan to work together to open more pedestrian streets and shopping malls in district 1.

Land prices on Ho Chi Minh City's Dong Khoi street set new record high

Land prices on Ho Chi Minh City's Dong Khoi street set new record high

Market

Located in the center of District 1, Ho Chi Minh City (HCMC), Dong Khoi is known as a million-dollar street or where land is more expensive than gold. There are houses for sale for up to VND 1.5 billion per sqm, setting a new record high in Vietnam.

Five reasons that make The Grand Manhattan a magnet for investors

Five reasons that make The Grand Manhattan a magnet for investors

Projects

Property insiders said the most anticipated news in the HCMC real estate market in May would come in the next few days when the new tower in the luxury residential project in District 1, The Grand Manhattan developed by Novaland Group, is launched.

JLL appointed as the management and joint exclusive leasing agent for Sonatus

JLL appointed as the management and joint exclusive leasing agent for Sonatus

Projects

Sonatus, a new premium office building in the heart of District 1, Ho Chi Minh City.

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