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The Hanoi People's Committee recently issued a decision to allocate 69,361.2 square meters of land to THT Development Co., Ltd. for the implementation of the second phase of the Tay Ho Tay urban area's central district project.

This trend is indicative not only of the region's growing appeal but also of the robust development potential for the office market in the western part of the Capital, most notably within the Starlake area.

Hanoi's office-space market is experiencing a significant surge in demand from both domestic and international businesses from one area in particular.

Xuân sang ngập lộc mới, Tết đến trọn niềm vui

On November 15, 2024, at the Vietnam Property Awards 2024 ceremony organized by the PropertyGuru Vietnam Property Awards Committee, OSI Holdings proudly secured two prestigious accolades for its Grade A office building, Oriental Square: the Best Office Development and the Best Commercial Green Development awards.

On the morning of January 26th, the Oriental Square office building project, developed by OSI Holdings, was officially launched. This marks the debut of the first Grade A office building in the Starlake (Tay Ho Tay urban area).

Banks need to make credit easily accessible to property developers and buyers, and cut costs to reduce loan interest rates, Prime Minister Pham Minh Chinh has said.

Government agencies need to resolve the issues plaguing the property market so that other markets, such as bond, can recover, Prime Minister Pham Minh Chinh has said.

Phan Cong Chanh, CEO of developer Phu Vinh Group, said the real estate market will pose more risks than opportunities for investors in 2023, adding that would-be investors should save their money instead of spending it.

Investors have paid greater attention to sustainable construction in real estate, especially green office, to satisfy the new requirements of tenants, according to experts from Savills Vietnam.

Secretary of the Hanoi Party Committee Dinh Tien Dung has asked for more concerted, drastic and effective measures to speed up the disbursement of investment projects, especially key ones.

The draft amended Law on Land removed the State-regulated land price table and aimed to set more market-based land prices.