News

"John Campbell, manager of Industrial Services at Savills Vietnam, outlines the major trends facing the logistics industry in the year coming."

"The increasing interest in land has a host of supporting rationales. Industrial investment is also under rapid growth. Mr. Matthew Powell, Director of Savills Hanoi, advises investors to remain cautious about this phenomenon, and be aware of projects lacking legal transparency."

"On 24 March 2021, Savills Viet Nam and the World Wide Fund for Nature in Viet Nam (WWF-Viet Nam) have signed an MOU to enter into a partnership for the Earth Hour 2021 campaign. Savills will support WWF-Viet Nam in raising public awareness and calling for action at about 100 projects under the management of Savills in Hanoi & HCMC, as well as promoting campaign activities digitally through their media channels."

"There are rising concerns that increasing house prices will result in a Real Estate bubble. Mr. Matthew Powell, Director of Savills Hanoi, said levels of personal income and equity against rising house prices means not everyone may participate. However, the price issue is not a major concern when considering the economic fundamentals which underpin local market forces."

"A recent, internationally publicised event, highlighted the issue of child safety on apartment balconies, or tragedy, if not for the actions of one resolute Hanoian. Installing safety nets on apartment project balconies helps reduce accidents, however there are conflicting views on what is the best possible approach. Ms. Vu Kieu Hanh, Savills Hanoi Head of Property Management, helped provide some key insights and industry perspective."

"The Marq is a beautifully presented luxury apartment complex by renowned international developer, Hongkong Land."

"Full year performance reflects strength of globally diversified business."

"In the last six months of 2020, new business registrations for Property Management & Operational Services increased by almost 18% year on year. The market for these services has significant, and growing potential, however, old operational challenges stubbornly remain."

"Over the past five years, Ha Noi housing market has undergone 2 main phases with strong fluctuations. However, positive signs in the last 6 months of 2020 and early developments in 2021, imply the early stages of recovery driven by domestic buyers."

"Apartment sale volumes were affected by Covid-19 in 2020 but prices slightly increased. Excessive price fluctuations are unlikely in 2021. Regional and international containment of Covid-19 is forecast for most of the year."