Vietnam Property by CapitaLand
Vietnam Property by CapitaLand – Vietnam has attracted alot of international interest ever since the new Vietnam Housing Law (w.e.f 1st July 2015) was announced which allows foreigners who are permitted to enter Vietnam legally to purchase/invest Property in Vietnam. This presents investors a very unique first mover advantage opportunity to invest in Vietnam given that Vietnam has enjoyed relatively high GDP growth in recent years- 6.7% in 2017, increasing Tourists Arrivals, increasing Foreign Direct Investments and Political Stability. Singapore Reputable Developer CapitaLand has also ventured into the Vietnam Market. Today in this post, we will be sharing some of the New Vietnam Condo Launch by CapitaLand in Ho Chi Minh City that will be launching in 2018.
A Recap of the New Vietnam Housing Law with effective from 1st July 2015:
Foreigners who are permitted to enter Vietnam legally are now eligible to buy/invest in Vietnam Property
Foreign Ownership cannot exceed more than 30% of the total units in one apartment building
Ownership title will be on 50+ years leasehold (extendable subject to applicable laws)
Foreigners are allowed to lease, mortgage, contribute as capital gift etc
Vietnam Property by CapitaLand
1. De La Sol (Summer Residences) HCMC, District 4
De La Sol (Summer Residences) is an upcoming Condominium in District 4, Ho Chi Minh City, Vietnam by Singapore Listed Developer CapitaLand. It is CapitaLand’s 11th residential development in the country and ninth in Ho Chi Minh. The 1.45 hectare site will be developed into an 870-unit residential development with a retail component, with views of the Saigon river and city Skyline. De La Sol (Summer Residences) will comprise three 24-storey towers, split into two single blocks and one triple block, with retail units on the lower floors. The average size of each apartment will be about 79sqm. De La Sol (Summer Residences) will introduce dual-key apartments (for the very first time) to cater to the young and vibrant rental market in District 4, and to attract potential investors.
De La Sol (Summer Residences) is strategically located at the heart of District 4, HCMC which is approx 5 minutes drive away from District 1 – The Current Central Business District. It is flanked by District 7 which is another established/matured districts with Shopping Malls, International Schools and Commercial Offices. District 4 was formerly a port city and has been transformed into a residential neighbourhood with a plethora of dining options and lifestyle offerings.
More information at https://investintproperty.com/properties/de-la-sol-hcmc/
Hope you enjoy reading this post on – “Vietnam Property by CapitaLand”
This post will be updated as and when new information is available. There will be a number of New Launches in Vietnam (HCMC and Hanoi) in the year 2018 – Please Kindly bookmarked it or WhatsApp Us @(+65) 90272297 to register interest, so we can update you on the property market in a timely manner.
Disclaimer: This article is meant for research/ information and educational purposes only. All information, especially property ownership laws, are subjected to changes and no responsibility shall be held on the accuracy. All sorts of property investments can be risky and investors are expected to perform their own due diligence before committing into any purchase.