Archive | July, 2010

Topping Off Ceremony two 48-storey apartment towers in Hanoi Landmark Tower

31 Jul
Vnre.blogspot.comToday – 07/31/2010, investor Keangnam Vina Company officially takes Topping Off Ceremony two 48-storey apartment towers in Hanoi Landmark Tower project.

Hanoi Landmark Tower has a total investment up to US$1.050 million. This is a combination of apartments, hotels, service areas and offices with two apartment towers of 48 storeys (comprising 918 apartments) and a 70-storey hotel tower.

Hanoi Landmark Tower started construction on 08/25/2007, after 2 years and 10 months was partly completed construction of two towers of 48 storeys.

Expected, two apartment towers will be completed in January 01/2011, hotel tower will be completed in 08/2011.

– Taken by Elevonic, on 07/31/2010

– Taken by Elevonic, on 07/30/2010

– Taken by Elevonic, on 07/29/2010

– Taken by Minhhieuvnpt, on 07/28/2010

– Taken by N@m, on 07/27/2010:

Saigon Times Square – Update for July

30 Jul
Vnre.blogspot.comSituated in the heart of Ho Chi Minh Citys District One with frontage on Dong Khoi and Nguyen Hue streets, this stunning 39-storey development is a cosmopolitan landmark created by world-renowned architects and interior designers…

Photos credit by
Taken by Vu Ha Duy

The Pegasus Residence – The true paradise in Bien Hoa City

28 Jul
Vnre.blogspot.comThe Pegasus Residence is the first closed villas at Bien Hoa City, Dong Nai. A lifestyle completely different, clean environment and perfectly comfortable. Join us to explore and enjoy life values of a true paradise

Convenient location

Located on strategic road Ho Chi Minh City-Long Thanh-Dau Giay, the highway axis of Ho Chi Minh City-Vung Tau. The project is far from Hochiminh City 25 km, away from BigC shopping center and Sonadezi college about 2 km, the Hospital and Children’s Hospital is about 3.5 km, Dong Nai Bus Station 3km, An Binh Residential 2.5km, Bien Hoa Airport 15 km, Bien Hoa Railway Station 15km.

Located adjacent to Highway 51 and a central location on city route to Vung Tau City, HCMC, Binh Duong, Binh Thuan.

From The Pegasus Residence you and your family can come with lots of scenic, recreational area such as: Son Tien tourist resort, Green Club, Buu Long Tourist, Giang Dien Waterfall Resort.

Project scale

The Pegasus was planned comprehensively on the land over 5.6 hectares divided into two phases. Phase 1 Ruby Villas include 68 double and single villas. Phase 2 Blue Diamond Villas include 69 single villas.

Ruby Villas

In populations are synchronized planning, 68 double and single villas with modern design and well-aired space on 1.8 hectares of land over 5.6 hectares in total. The Pegasus Residence is the harmony between the landscape and urban beauty.

Blue Diamond Villas

In The Pegasus Residence populations, investor special to exploit the advantage natural terrain and landscape of the waterfront. Blue Diamond Villas expected planning 69 single villas located around the lake and get a view of the Dong Nai River.

Clean enviroment

Blend with nature, surrounded by the Dong Nai river, clean, quiet, gentle with the sweet taste… You pleasure fun, or strolling the shade tree-lined and mix with nature, soaring with sky but forget worries, hustle of everyday life. Enjoy!

Peaceful place

Harmonious, boisterous brouhaha of laughter… the sounds of love and happiness to your family… Keep off moments in the house beloved, warm and secure the family and friends.

Great utilities

The best utilities are always served for residents here. You will feel comfortable and convenient with any requirements.

For further information, please contact:

Toan Thinh Phat Architecture-Construction-Investment Corporation
Add: Vo Thi Sau Street, Quyet Thang Ward, Bien Hoa City, Dong Nai.
Tel: 84.61.3882 0859 – Fax: 84.61.3882 0833

Bitexco Financial Tower – Update for July 2010

28 Jul
Vnre.blogspot.comDesigned by the architect Carlos Zapata Studio, Bitexco Financial Tower consists of a high-rise office building, a five-story retail podium, and four levels of below-grade construction, much of which is devoted to parking. The shape of the tower is modeled after a lotus flower bud, the national flower. Standing at 68 stories upon completion, the office tower is destined to become a landmark in the Ho Chi Minh City skyline.

-> Bitexco Financial Tower

– Sunset


– New moon

Photos credit by
Taken by Vu Ha Duy

The EverRich II – Update for July 2010

28 Jul
Vnre.blogspot.comThe EverRich II commercial and apartment complex is located in Dao Tri street, Phu Thuan ward, District 7, Hochiminh City. The complex was built on an area 112,585sqm, building density is about 22%, building height ranges from 11 to 41 storeys.

-> The EverRich II

– Model house

– Construction site:

Photos credit by
Taken by Vu Ha Duy

Sunrise City – Update for July 2010

28 Jul
Vnre.blogspot.comSunrise City – for its rise in the modern Asian architecture, where the standards of living are upgraded into the art of living…

Photos credit by
Taken by Vu Ha Duy

Vietnam’s hospitality market remains bright

28 Jul
Vnre.blogspot.comDespite recent volatility, Vietnam’s hospitality market remains bright for developers and investors if they adapt to market changes and offer innovative products, a property expert said.
“Better medium- and long-term investment opportunities are appearing in Vietnam due to its stunning coastal areas, beautiful high-rise hill destinations and highly populated cities,” said Robert McIntosh, executive director of CB Richard Ellis (CBRE) Hotels for Asia Pacific region.

“A number of projects have been successfully completed and launched over the past years, making Vietnam a promising market for hospitality investments.”

McIntosh said Vietnam’s hospitality industry was becoming more complex, as more opportunities arose.

Developers and investors need to be more proactive, he said during a presentation at Sheraton Saigon Hotel in HCMC last week.

The performance of hotels and resorts in Vietnam had begun to stabilize over the past few months as tourist arrivals increased and business visitors returned.

McIntosh said the country’s growing economy, increased consumer spending, infrastructure investments, political and social stability has supported the local hospitality market with a re-entry of international and local investors.

He noted that the hospitality sector in Vietnam is still a burgeoning industry subject to rapid and constant change.

According to CBRE, Vietnam has still the second highest average daily rate (ADR) in Asia Pacific after Singapore as it reached nearly US$150 in late 2008 but dropped to US$130 due to declines in business clients during the economic slowdown.

In terms of business performance compared to other countries in the region, the country had the largest drop in occupancy, around 25 percentage points from its highest, followed by Thailand around 20 percentage points and Singapore 15 percentage points. However, in terms of revenue per available room (RevPAR) Vietnam’s hotels look more positive as compared with Thailand, Malaysia, Indonesia and the Philippines.

Mauro Gasparotti, manager of hospitality service for CBRE Vietnam, said the change in the hospitality business was partly due to clients with increasing options demanding more.

Gasparotti said the competition was getting stiffer, making the market ready for “more refined products targeting more refined clients”.

Talking about second home market, McIntosh said Vietnam would be able to considerably increase the number of international buyers purchasing coastal projects once the country’s infrastructure and tourist attractions are developed enough to attract visitors for repeated or extended holidays.

He noted that like developing countries, local demand in Vietnam was the main source of business for local hotels and resorts, providing potential for resort and hotel development, thus it was important for developers of new and existing properties to recognize these changes.

“As witnessed in other countries, developers that foresee consumer changes increase their chances of building a successful product that is well suited to the market,” McIntosh says, “Developers that simply replicate existing concepts can face many difficulties in a rapidly evolving market like Vietnam.”

He said economy or budget hotel properties in Vietnam that were still independently operated with limited managerial control, weak branding recognition, and no standard design or services were under threat.

Reported by Dinh Dung/ The Saigon Times Daily