News

Hanoi firm breaks ground for $17.8 million highland resort project

Hanoi firm breaks ground for $17.8 million highland resort project Hanoi-based Hoai Nam Co. Ltd. yesterday began constructing a VND300 billion (US$17.8 million) ecotourism project in the Central Highlands province of Lam Dong.

Two local firms start work on apartment project

Two local firms start work on apartment project Two local construction firms Thanh Nhut and Tan Ky yesterday broke ground for an apartment project in HCMC's Go Vap District, which will provide nearly 200 medium-priced apartments once in place after 18 months of construction.

Irish house prices may fall 45% from 2007 peak

Irish house prices may fall 45% from 2007 peak Irish house prices may extend declines and fall as much as 45 percent from their peak as higher mortgage rates, rising unemployment and lack of credit curb property demand, according to Jim Power, chief economist at Friends First.

Canadian urban existing home sales softer in first half of 2008

Canadian urban existing home sales softer in first half of 2008 Ottawa - Canada's urban real estate market saw existing home sales rise marginally in June, but sales in the first half of 2008 continue to be off the pace set in 2007.

Work starts on Thang Long apartment, office complex

Work starts on Thang Long apartment, office complex Three local firms and one Korean company yesterday commenced work on a 14-story apartment, office and retail building in HCMC capitalized at some US$32 million.