Vietnam - HCM

[Peter_North]

BTW, need some experts advice from Viet old birds.

Can foreigners buy condo in Vietnam ?

I have been trying to hunt for a guide book on doing business in Vietnam. Don't seem to be able to find it.

Can brothers recommend some books ? And where to buy ?

Thank you....tolong.

[Reaper]

Dear Bongster & Euphoria......

About to go diving...this one is for you guys!!!!!!!!!!!!!!!!!! thank god for the FULL MOON

[Me Siam Bu]

Originally Posted by Reaper

Dear Bongster & Euphoria......

About to go diving...this one is for you guys!!!!!!!!!!!!!!!!!! thank god for the FULL MOON

wah now on viet liao hee hee

[Lok7]

of cos you can purchase condos in HCMC. But must be warn. The condominium must be able to be sold for foreign entity/resident. The law was amended on 2003 on Land Law in Vietnam.

U can try Villa Riveria in An Phu Ward from Keppel Land. 75% have been sold at the latest average price of over S$220,000 per unit. Villa Riveria enjoys frontage along the Saigon River and caters to the upper income market. Foreigners can totally own these units.

why U need a guide book? These developing country land law change as and when they deem fit. Unless you are interested to buy property there, engaged a local property agent and find yr baxa to translate for u. Average normal apartments cost u around S$70-150K. Location must also observe. Just like SG, different prices of condo like in Cairnhill(S$1.2m) compare with Bayshore($0.8m) or Dunmean View($0.6m). Nevertheless I'm not a property agent. Juz an ordinary bonkers who is interested in investment opportunities.

[Lok7]

I just came back from HCMC 1 week ago. can recommend this hotel to bros, quite nice with bath tubs and gal friendly. 2 star hotel somemore.

Lim Linh Hotel
116A-118C Bui Thi Xuan, D1 HCMC
Tel: 9255300-9255301 Fax 9255302
email : [email protected]
cost : VN300,000 a nite (est US$18) standard rm
VN450,000 (est US$28) deluxe rm

this hotel is at the heart of computer market. 7 min walk to Ben Thanh Market. Very near to Gossip too!!!

[Peter_North]

Originally Posted by Lok7

of cos you can purchase condos in HCMC. But must be warn. The condominium must be able to be sold for foreign entity/resident. The law was amended on 2003 on Land Law in Vietnam.

U can try Villa Riveria in An Phu Ward from Keppel Land. 75% have been sold at the latest average price of over S$220,000 per unit. Villa Riveria enjoys frontage along the Saigon River and caters to the upper income market. Foreigners can totally own these units.

why U need a guide book? These developing country land law change as and when they deem fit. Unless you are interested to buy property there, engaged a local property agent and find yr baxa to translate for u. Average normal apartments cost u around S$70-150K. Location must also observe. Just like SG, different prices of condo like in Cairnhill(S$1.2m) compare with Bayshore($0.8m) or Dunmean View($0.6m). Nevertheless I'm not a property agent. Juz an ordinary bonkers who is interested in investment opportunities.

Thanks, Bro. I want a guidebook because I want to read about other aspects, as in the case of doing business in Vietnam.

I thought somebody told me in Vietnam foreigners can only lease cannot own.

$220K too expensive lah. I'm more interested in Hanoi, Danang. Saigon too polluted liao.

[SingViet]

Originally Posted by Peter_North

All BROS should hold on to your plans first. Wait for the takeover to materialize. The new owner will offer 1 for 1 during promotion period for tama sessions.

Keep your fingers cross.

Who is the new owner? How come i do not know?

[SingViet]

Originally Posted by Lok7

I just came back from HCMC 1 week ago. can recommend this hotel to bros, quite nice with bath tubs and gal friendly. 2 star hotel somemore.

Lim Linh Hotel
116A-118C Bui Thi Xuan, D1 HCMC
Tel: 9255300-9255301 Fax 9255302
email : [email protected]
cost : VN300,000 a nite (est US$18) standard rm
VN450,000 (est US$28) deluxe rm

this hotel is at the heart of computer market. 7 min walk to Ben Thanh Market. Very near to Gossip too!!!

Bui thi Xuan street in D1 is a nice place. Has been my playground since i arrived in HCM some years back. Besides the computer stores, there's also a big rice store that serves nice and cheap food, famous beef steak 5 mins away etc. Lots of local hotels there and if want something better, try empress hotel (3 stars)

[SingViet]

Originally Posted by Lok7

I just came back from HCMC 1 week ago. can recommend this hotel to bros, quite nice with bath tubs and gal friendly. 2 star hotel somemore.

Lim Linh Hotel
116A-118C Bui Thi Xuan, D1 HCMC
Tel: 9255300-9255301 Fax 9255302
email : [email protected]
cost : VN300,000 a nite (est US$18) standard rm
VN450,000 (est US$28) deluxe rm

this hotel is at the heart of computer market. 7 min walk to Ben Thanh Market. Very near to Gossip too!!!

btw, have to tell taxi driver its BUI THIS XUAN street in D1, there';s another BUI THI XUAN street in District tan Binh.

[naemlo]

Originally Posted by SingViet

Who is the new owner? How come i do not know?

They expecting Naemlo to buy over. I first in the queue for the 1 for 1.

[SingViet]

Originally Posted by naemlo

They expecting Naemlo to buy over. I first in the queue for the 1 for 1.

You want to buy but never make any offer?

[naemlo]

Originally Posted by SingViet

You want to buy but never make any offer?

A lot of small details need to finalise....

[SingViet]

Originally Posted by naemlo

A lot of small details need to finalise....

I think by the time the small details are finalised, the business is already taken over .. heheh

[killerkiller]

Originally Posted by Peter_North

Thanks, Bro. I want a guidebook because I want to read about other aspects, as in the case of doing business in Vietnam.

I thought somebody told me in Vietnam foreigners can only lease cannot own.

$220K too expensive lah. I'm more interested in Hanoi, Danang. Saigon too polluted liao.

If you are interested can try checking out the apartments at Trung Hoa Nhan Chinh - Thanh Xuan, Hanoi just at the end of Lang Ha Road. A two bed room, kitchen cum dining area, hall and bathroom is going at USD38,000.00. It seem this area is only six months old and still a lot of apartment coming up. On whether can foreigners own property in vietnam I am not sure. Maybe when they are in WTO things might change.

Quite cozy and quiet and should be quite a good buy. One of the girl working in Boss owns one unit there, so once in awhile will visit her in her apartment and she will cook nice vietnamese dishes and after that.......

Coming to HCM tomorrow and any recommendation of hotels. Thanks in advance.

killerkiller

always somewhere

[Peter_North]

Originally Posted by killerkiller

If you are interested can try checking out the apartments at Trung Hoa Nhan Chinh - Thanh Xuan, Hanoi just at the end of Lang Ha Road. A two bed room, kitchen cum dining area, hall and bathroom is going at USD38,000.00. It seem this area is only six months old and still a lot of apartment coming up. On whether can foreigners own property in vietnam I am not sure. Maybe when they are in WTO things might change.

Quite cozy and quiet and should be quite a good buy. One of the girl working in Boss owns one unit there, so once in awhile will visit her in her apartment and she will cook nice vietnamese dishes and after that.......

Coming to HCM tomorrow and any recommendation of hotels. Thanks in advance.

killerkiller


always somewhere

What is the NAME of the apartment ? Got facilities ?