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What would Brexit mean for travellers? 14/06/2016

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What would Brexit mean for travellers? Britain’s continuing membership of the Union has never been in such serious doubt. The cost of a family summer holiday to the Mediterranean and other popular EU destinations could rise by £230 if Britain votes for Brexit, David Cameron warned last month. The exact figures will always be open to deb...

urhome 29/05/2016

SERVICED APARTMENT IN CAU GIAY DISTRICT, HANOI
Price : from 22 USD – 34 USD / one day
430-530 USD/ one month
lane 277 Quan Hoa street, Cau Giay district, Ha Noi city
We understand deeply that the YOU could probably feel lonely and homesick sometimes. where you could definitely FEEL LIKE HOME. Our belief is "Always being a good friend, a soul- mate first". We believe that the first and the most important sustainable foundation of success is based on the friendship and two- way values sharing.
Apartment locates right near the intersection of Cau Giay District and D**g Da District. It takes you only about 3 minutes to The Lotte Centre Lieu Giai, 5 minutes walking to the Nghia Do Park. 15 minutes to the Hanoi Old Quarter and the West Lake... From the Noi Bai International Airport, you could easily access it both by taxi and by bus ( #07)
Serviced apartment is full of modern furniture , decorated in an architectural style
- Air conditioning
- Freezer
- Television LCD
- Telephone
- Shower
- Satellite/cable TV
- Free internet access/ wireless
- Non smoking room
- Hair dryer
- Desk
- Toiletries
- Elevator
- Seating area
- Laundry
Contact me :,ms phuong 0977 082 537 or 0915 137 264

urhome

05/05/2016

VIETNAMESE HOUSING ATTRACTS MORE ELDERLY FOREIGNER

According to CEO of CBRE Vietnam, elder foreign investors have shown more interest in residential developments in the Southeast Asia country.

At a client conference held at Lotte Hotel Hanoi yesterday, Marc Townsend – CBRE Vietnam’s CEO said that the proportion of foreign buyers in the apartment segment has risen to 13% this year from 0% in 2015. Notably, the majority of them are 50 years old and over, from South Korea, Japan, Taiwan, Singapore, Malaysia and some European countries.
CBRE’s report revealed one of the reasons for this sudden surge in foreign home buyers is that the value and pricing of Vietnamese real esate products are appreciating faster than their peers in regional cities like Bangkok or Singapore.
Accordingly, in the central business districts, luxury apartments are priced at $4,000-7,500 per sq.m in Ho Chi Minh City and at $2,000-5,000 per sq. m in Hanoi. In the meanwhile, their peers in Bangkok are priced at $7,500 -10,000 per sq.m but still lower than the $17,500-26,000 per sq.m offered in Singapore.
Townsend said: “Over-50 people like me are still the biggest customers because they either wish for a long-term residence in Vietnam or because they have a business here. In addition, they may think everything is cheaper compared to their homeland or they feel like the climate here is better.”
Although Vietnamese government has allowed to sell apartments to foreigners since July 1, 2015, offshore buyers still have to face some difficulties that can make them hesitate to bu. For example, the lack of property title insurance and the limited length of ownership are considered the most popular concerns.
However, because the majority of home buyers are over 50 years old, the CEO believed that these issues would not have a significant effect on their intention to buy home in Vietnam.
He said: “Every investor has a different perspective. When you are 50 and over, you have more money and a high level of acceptance of the law. So, you will not need neither an insurance nor a bank loan. In addition, the 50-year limit on ownership is no longer a problem like when you are 20.”
Townsend also added that the map of who is buying, why they are buying and what they are going to do with the real estate is beginning to change. Newcomers to the local market have to spend a lot of time to get comfortable with the law and the investment climate. Should they cannot adapt, they will not buy anything at all.

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