The Manor for rent in Binh Thanh District, 2 beds, $1000

- Usable area: 98 sqm
- Bedrooms: 2 bedrooms/ 2 bathrooms
- Rental/Month: 1000 USD
Property description: The Manor for rent in Binh Thanh District, 2 beds, $1100

The Manor HCMC For rent has 2 bedrooms and 2 bathrooms in usable 98 sqm. Bright and open. Living room with large window. Open kitchen with central , eating area with dinning table 4 chair, furnished big fridge, microwave, cutlery, bowls and dishes. Very spacious living room with lots of sunlight. Standard 2 bedrooms with high quality bed mastress, closet build in, dressing table.. and nice balcony in every bedrooms



Hotline: 0905 263 773 / 0918 165 725
Tel: (84.8) 3520 7646
Email: citihousegroup@gmail.com
The 16th floor - Saigon Tower.
29 Le Duan Boulevard - District 01 - HCMC - Vietnam.
Tags: SaiGon Pearl, SaiGon Pearl for rent, Rent SaiGon Pearl, The Manor, The Manor for rent, The Manor HCM, Rent The Manor

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The Manor for Lease in Binh Thanh District, 3 beds, $1300
- Usable area: 139 sqm
- Bedrooms: 3 bedrooms/ 2 bathrooms
- Rental/Month: 1300 USD
Property description:

The Manor for Lease in Binh Thanh District, 3 beds, $1300

The Manor Apartment for lease has more spacious in living room, 3 bedrooms, 2 bathrooms. Usable: 139 sqm. Fully furnished, western decoration: air-cons, curtain, Sparkling light systems, wardrobes built in, ADSL connection and cable television, water heater, modern kitchen include grill oven and electric stove washing-machine…

At the Manor, you can go shopping at the fashion stores that include the world’s most exclusives brands , take part in leisure activities at the on-site entertainment center and modern cinema, and enjoy the foods that come from all over the world at the meticulously appointed restaurants. You can keep healthy at the modern fitness and medical care center as well.

 

Hotline: 0905 263 773 / 0918 165 725
Tel: (84.8) 3520 7646
Email: citihousegroup@gmail.com
The 16th floor - Saigon Tower.
29 Le Duan Boulevard - District 01 - HCMC - Vietnam.
Tags: SaiGon Pearl, SaiGon Pearl for rent, Rent SaiGon Pearl, The Manor, The Manor for rent, The Manor HCM, Rent The Manor

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Manor Apartment for rent in Binh Thanh,3 beds, Best Price:$1100
- Usable area: 101 sqm
- Bedrooms: 3 bedrooms/ 2 bathrooms
- Rental/Month: 1100 USD
Property description:

Manor Apartment for rent in Binh Thanh,3 beds, Best Price:$1100

The Manor HCMC is the newest and most exclusive residential development in Vietnam. It sets a new standard in wonderful living with luxurious and comfortable apartments, all finished high-end European standards

Easy access to CBD HCM city and public transport close by to enjoy all facilities and services has to offer.
The Manor apartments HCMC for rent are beautifully furnished and offer spacious living areas, separate bedrooms, air conditioning, plenty of natural light, TV, DVD, modern fittings and furnishings, adsl internet connection, kitchen with microwave, refridgerator, dishwasher plus laundry facilities.



Hotline: 0905 263 773 / 0918 165 725
Tel: (84.8) 3520 7646
Email: citihousegroup@gmail.com
The 16th floor - Saigon Tower.
29 Le Duan Boulevard - District 01 - HCMC - Vietnam.
Tags: SaiGon Pearl, SaiGon Pearl for rent, Rent SaiGon Pearl, The Manor, The Manor for rent, The Manor HCM, Rent The Manor

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The Manor Apartment for rent, 20th floor, Nice furnishings, $1200
- Usable area: 124 sqm
- Bedrooms: 3 bedrooms/ 2 bathrooms
- Rental/Month: 1200 USD
Property description:

The Manor Apartment for rent, 20th floor, Nice furnishings, $1200

The Manor is the newest and most exclusive residential development in Vietnam. It sets a new standard in wonderful living with luxurious and comfortable apartments, all finished high-end European standards.

The Manor apartment for rent has 3 bedrooms, 2 bathrooms in smart design 124 sqm, nice interior design with fully furnished, spacious living room with comfortable sofa, fully integrated kitchen, standard bedroom, luxury bathroom, separate cloakroom, polished wooden flooring

 

Hotline: 0905 263 773 / 0918 165 725
Tel: (84.8) 3520 7646
Email: citihousegroup@gmail.com
The 16th floor - Saigon Tower.
29 Le Duan Boulevard - District 01 - HCMC - Vietnam.
Tags: SaiGon Pearl, SaiGon Pearl for rent, Rent SaiGon Pearl, The Manor, The Manor for rent, The Manor HCM, Rent The Manor

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Saigon Pearl Apartment for rent, Nice Decor, 3 beds, $1400

- Usable area: 140 sqm

- Bedrooms: 3 bedrooms/ 2 bathrooms

- Rental/Month: 1400 USD

Property description: Saigon Pearl Apartment for rent, Nice Decor, 3 beds, $1400

Saigon Pearl Apartment HCMC Reached riverside pride in Saigon; meet the elements of a prime location, in a master plan for complete functionality and a comprehensive environmental greening fresh, Saigon Pearl is the most ideal placeto enjoy life.

Saigon Pearl HCMC for rent Beautiful, tasteful and of high quality furnished apartment, 140 sqm with all comforts,. It lies on the 3 bedroom apartment full comfort, airconditioner, fitted kitchen fully equipped. Large shower room with washing machine. Non smoking, high-speed DSL Internet with wireless flatrate, HD TV, DVD, radio.

Hotline: 0905 263 773 / 0918 165 725

Tel: (84.8) 3520 7646

Email: citihousegroup@gmail.com

The 16th floor - Saigon Tower.

29 Le Duan Boulevard - District 01 - HCMC - Vietnam.

Tags: The Manor, The Manor for rent, The Manor HCM, Rent The Manor

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While the domestic property market continues to stagnate, statistics show that foreign direct investment (FDI) into real-estate projects is on the rise.

Japan currently tops the list of 47 countries and territories investing in Viet Nam's real estate.


Many foreign investors register for real estate projects, but left them fallow for years due to failure to mobilise capital from domestic sources

According to statistics from the Ministry of Planning and Investment, Viet Nam attracted a total of US$12.63 billion of FDI in the first eight months of this year, a rise of 19.5 per cent over the same period last year.

Among the 18 sectors that drew foreign investments, real estate ranked second with a total of $588.11 million, making up 4.7 per cent of the country's total FDI. Mananufacturing and processing industries followed.

By August, about 400 FDI property deals were concluded, worth a total of $48.23 billion.

According to Savills Viet Nam, the increasing FDI into property market is due to recovery signs in the economy in the first half of the year, together with Government efforts to support the property market with tax incentives and preferential loans, according to the Dau Tu Chung Khoan newspaper.

Savills said that Japanese investors were showing greater interests in Vietnamese property, expecting that it will become a medium and long–term destination for their money.

Real estate company CBRE Viet Nam forecast that many huge foreign investors would seek business opportunities in the property market by the end of the year.

However, there are some concerns at the massive increase of FDI into the country's property market.

Reports say many foreign investors register for real estate projects, but left them fallow for years due to failure to mobilise capital from domestic sources.

A property expert, Nguyen Mai, said some investors in real estate projects with registered capital of up to billions of dollars only poured parts of the amount into construction, then sold the unfinished shells to rotate capitals.

He urged better management of FDI inflow into the country to ensure its efficiency.

The Government recently issued Resolution 103/NQ-CP, aiming to enhance the efficiency of FDI into the country, especially the use of land for FDI enterprises.

This means that localities are responsible for inspecting and classifying FDI projects that use land inefficiently.

Ministries and authorities have also been asked to complete regulations on land, housing, site clearance and compensation to ensure transparency in land management and encourage both foreign and domestic investors

VNA

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Vietnamese who live abroad have retreated from the country’s real estate market, wary of investing in property in Vietnam after the economic slowdown. In 2013, investments in property from Vietnamese nationals living overseas dropped by half compared with 2011.

Remittances from Vietnamese living abroad have reached $2.5 billion this year, mainly from the United States, South Korea, other Southeast Asian countries and Europe, and The State Bank of Vietnam expects a 10-15 percent increase in total remittances by year’s end.

But although Vietnamese nationals remain cautious regarding the real estate market at home, other foreigners indicate an increased interest in the country’s property.

“The market is starting to thaw,” Trinh BaoQuoc, the chief executive of Son Kim Land, told the World Property Channel.

Real estate developers were badly hit when prices on property dropped two years ago during the global financial crisis. The subsequent increased transparency of the real estate market may attract more potential developers.

“Investors across Asia are favoring a more direct form of investment, where visibility of deals is key,” Marc Townsend, the managing director of the Vietnam office of the property brokerage CBRE, said during the presentation at the Hilton Hanoi Opera.

A study by Professor Graeme Newell for Asia Pacific Real Estate Association revealed that Vietnam has the smallest real estate market in the region with only $21 billion worth investable property. Despite the tiny size, real estate giants are present. Warburg Pincus, a US-based global private equity firm, bought shares in Vietnam’s largest private real estate company Vingroup, accumulating a stake worth US $200 million.

A year ago financial experts were pessimistic about the country’s property market as many real estate projects have stalled due to the slow economic growth. Nonetheless, the current foreign investment activity has the potential to improve the slumping economy.

‘vl_00115- Ly Thuong Kiet – Vu Long – 2011′ by Hanoi’s Panorama & Skyline Gallery is used under a Creative Commons-Attribution license. - See more at: http://www.property-report.com/foreigners-snatching-up-real-estate-in-vietnam-while-vietnamese-living-abroad-remain-wary-31390#sthash.XzKzIqTK.dpuf

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VietNamNet Bridge – The Ministry of Construction’s idea of allowing foreigners to buy houses in Vietnam may not help warm up the frozen real estate market, because foreigners may not intend to buy houses once they are too expensive.









Chris Brown, CEO of Cushman & Wakefield Vietnam, thinks that the land price, which determines the profitability of real estate projects, is the decisive factor to which foreigners would refer when considering whether to buy houses in Vietnam. Meanwhile, the prices in Vietnam are still overly high.

Duong Thuy Dung, a senior executive of CBRE Vietnam, a real estate service provider, said Vietnam should not put a high hope on the demand from foreigners as a solution which can help ease the oversupply easily and quickly.

Since the day the Resolution No. 19/2008 on allowing foreigners to buy houses in Vietnam was implemented in a pilot program, only 89 people out of 80,000 foreigners, not including Viet Kieu (overseas Vietnamese), who live and work in Vietnam, have bought houses in the country.

Also according to Dung, most of them got married with Vietnamese citizens. Meanwhile, only 25 foreign businesses have bought apartments in Vietnam.

“The houses have always been very expensive, while the State has set up too many requirements on foreign buyers,” Dung explained.

She went on to say that since the houses prices are much higher than the house rents, most of the foreign institutions would rather lease than buying apartments.

Chris Brown of Cushman & Wakefield agreed, saying that this is one of the biggest obstacles to hinder foreigners to join the market.

Meanwhile, Tran Nhu Trung from Savills Vietnam, also a real estate service provider, pointed out that the currently applied administrative procedures remain too complicated, which would discourage foreign buyers.

Trung also said that foreigners may be reluctant to buy houses, once they are not allowed to sell the houses within 12 months since the day they get the land use right certificates. They would also not be allowed to lease to the third parties, use the houses as offices or for other purposes.

In the latest move, the Ministry of Construction has proposed to extend the duration foreigners can lease houses or apartments, loosen the leasing conditions, and extend the list of foreign subjects to be eligible for buying houses in Vietnam. Foreign investment funds, commercial banks, branches and representative offices of operational foreign invested enterprises would also be able to buy houses in Vietnam.

Regarding the ownership duration, two options have been suggested. With the first option, foreign individuals can possess houses for 50 years and have one 50-year extension. With the second option, they can own the houses for 70 years with no extension.

It’s still unclear how many houses foreigners can possess. The Ministry of Construction is considering either setting no limitation on the number of houses or allowing every foreign individual to have no more than 2 houses.

The investors from the Asian countries which make investments in Vietnam prove to have the biggest interests in the Vietnamese market, because they have deep knowledge about the market. They include Japan, Taiwan, Singapore and South Korea.

Cushman & Wakefield has also noted the high interest from the firms in the Middle East and Russia, but they mostly are interested in the Hanoi and HCM City markets.

TBNH

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