admin – Page 9 – Officehcm

admin
Email Us!

Author's Posts:

The reasons why many expats choose District 2 to live

District 1 seems to be the best place for the foreigners living and working in Ho Chi Minh City. All right, everything has changed. Recently, District 2 has become the new urban area which is an ideal place for many expats to settle down and enjoy the life. So why they love it?

The comfortable living space

For a lot of people, the endless hubbub of Saigon’s center is just too much after a while, and retreating to a quiet and slow space of life is a welcome relief. These people wish to be able to hear birds, to share the street with bicycles rather than roaring mopeds, to sit by a quiet river or relax in a local café in District 2. Let’s check out the restaurant and bar at Thao Dien Village, which offers a range of Italian, Vietnamese and Thai cuisine as well as a delicious tapas menu.

Expats communities

In District 2, Thao Dien Ward or An Phu Ward are also the ideal neighborhood for your home. Many expat families live here due to the high concentration of international schools and the comparative safety of its streets. Facilities are aimed at the expat community – from shopping malls to small businesses and hair salons – and the majority of people here are foreigners.

Luxury apartments

A range of apartments for rent in District 2 is extremely various and interesting. There are many residential projects have been completed which are modern and luxurious. Some outstanding apartments are Masteri Thao Dien, Imperia An Phu, Lexington or Diamond Island. They can satisfy all of customer’s requirements about an ideal place to live. In the future, Metro Lines will be completely constructed, therefore, District 2 shall become the golden land of Ho Chi Minh City.

Hellovietnamese.com

April 24, 2017 / by admin / in Advice

The shortage of a million homes in Saigon

According to a real estate expert, Ho Chi Minh City is likely to need 1 million more affordable homes over the next 10 years. The chairman of Ho Chi Minh City’s Real Estate Association, Mr.Le Hoang Chau, said that “Saigon’s shortage of affordable homes, social housing and low-cost rentals is expected to continue over the next 10 years when demand could grow to one million homes”. This shortage is not expected to subside in the near term with the World Bank forecasting the city’s population could reach 10 million by 2020 from 8.4 million currently.

Demands of homes in Ho Chi Minh City

Without citing statistics on the number of homes built annually, Mr.Chau emphasized the need for low-to-middle income properties based on the population growth rate. About 500,000 families are currently unable to afford their own homes, and many currently share with parents or relatives. Meanwhile, 81,000 families will need cheap houses over the next four years, the local media cited a survey by the city’s construction department and Institute for Development Studies as saying. Migrants from other provinces who move to the city for work are the main contributors to Ho Chi Minh City’s population growth. The southern commercial hub is now home to 3 million migrants.

According to some estimates, up to 70.6 percent of the 402,000 workers in the industrial parks and export processing zones on the outskirts of Ho Chi Minh City are in need of affordable housing. The city is also faced with a serious shortage of affordable rental housing ranging from VND1 million ($44) to VND3 million ($132) per month.

Source: VNexpress

April 24, 2017 / by admin / in News

What you need to know about Saigon transportation

In Ho Chi Minh City, there are a wide ranges of public transportation for expats to get around it. They can choose taxi, bus, “xe om” or cyclo, which will cost the reasonable prices.

Taxi

Taxi is found in most major cities in Vietnam. It is really cheap by international standards and a safe way to travel around. Average tariffs are about 12,000d to 15,000d per kilometer, which are applied by almost companies such as Mai Linh, Vinasun or Vinataxi. Especially, the expats can book a taxi in Grab and Uber with the safe services and the competitive prices. This kind of taxi has been popular for the residents in Ho Chi Minh City recently.

Bus

Few travelers deal with city buses due to communication issues and the cheapness of taxis, cyclos and xe om. With a bus map, you can choose a route and enjoy the journey. Nowadays, buses in this city is developing modernly and comfortably. Moreover, there are some buses in the international airport which is very cheap and convenient.

Xe Om

The Xe Om (zay-ohm) is a motorbike taxi. This word means that “Xe” is motorbike and “Om” is hug (or hold). Getting around by xe om is easy and interesting as long as you don’t have a lot of luggage. The fares are comparable with those for a cyclo, but negotiate the price beforehand. There are many xe om drivers hanging around street corners, markets, hotels and bus stations, so you are easy to find one person to take this service.

Cyclo

The cyclo is a bicycle rickshaw, which is cheap and environmental friendly. This mode of transport is usually used by the tourists to get around and enjoy the landscapes. Groups of cyclo drivers always hang out near major hotels and markets, and many people also speak a little bit English. To make the driver understands where you want to go, it’s useful to bring a city map. The price is between 10,000VND and 20,0000VND for a short ride, between 20,000VND and 40,000VND for a longer or night ride, or around 40,000VND per hour.

Hellovietnamese.com

April 24, 2017 / by admin / in Advice

Ho Chi Minh City Real Estate ranked in Top 5 of Asia-Pacific

According to a new report, Ho Chi Minh City is in the top 5 of the Asia-Pacific region for real estate investment and development prospects, with annual returns expected to be up to 25 percent. Emerging Trends in Real Estate Asia Pacific 2016, jointly published by the Urban Land Institute and consulting firm PwC, has ranked the city fifth for investment and fourth for development. Tokyo is at the top, followed by Sydney and Melbourne. Osaka and Ho Chi Minh City are neck and neck.

Ho Chi Minh City is in top real estate market

The Vietnamese city has emerged as one of the most promising markets in the region over the past two years, jumping from the 19th place in 2014 to one of the top five this year. Foreign investors, mainly from Japan, South Korea and Singapore, are interested in the city’s property market on expectations of an annual return of between 20 and 25 percent.

The report also attributes the city’s rise as an attractive destination to the government’s efforts to stabilize the local currency, control inflation, ease property lending and improve market access for foreigners. Global investors prefer entering Vietnam’s real estate market through mergers and acquisitions. They are laying eyes on a wide range of projects, from beach resorts, serviced apartments and residential buildings to hotels, mostly in the three major cities Hanoi, Ho Chi Minh City and Da Nang.

For instance, Singapore-based investment fund Frasers Centrepoint Limited has acquired a 70 percent stake in a luxury residential apartment project from a local real estate developer. The $100-million project, namely G Home, covers a one-hectare area in downtown Ho Chi Minh City.

Source: VNexpress

April 21, 2017 / by admin / in News

How to obtain the visa in Vietnam

There are many types of visas for people who want to arrive at Vietnam for special reasons. For example, if you move to Vietnam for working, doing an internship, developing a project or starting a business, you can apply for a professional or business visa. If you are working in the press or media and you wish to make a professional trip in the country, you can request a press visa.

Proceedings

To obtain a professional visa or a business visa, what you should do is contacting with the Vietnamese embassy or consulate in your country of residence. The visa application includes the presentation of your passport and two passport-size photographs which you have to stick on each sheet of the application form.

Besides, you need to have a partner in Vietnam to apply for a business visa. The latter, being Vietnamese or a foreigner, will fill all the necessary formalities at the Immigration Department. He will have to communicate your personal information such as your full name, date and place of birth and passport number and validity. Moreover, he can also specify the length and purpose of your stay, as well as the number of entries in the country.

After that, once you have received the approval, you must give the references to the Vietnam Embassy where you make your application.

Press visa

To have a press visa, the expat have to obtain the approval of the Information and Press Department of the Vietnamese Ministry of Foreign Affairs. You will have to produce your visa application form, personal data of the team members, the program, details about the length of stay, as well as information on professional equipment you intend to bring to the Vietnamese embassy or consulate in your country.

Family visit visa

About family visit visa, if you want to living in Vietnam in the short period, you must apply for a family visit visa. It will provide you made your last trip a maximum of 36 months before your application. Then you will get a FN-1a type tourist visa.

Hellovietnamese.com

April 21, 2017 / by admin / in Advice

15,000ha ‘New City’ in Cu Chi has been developed

It is a new real estate project in Ho Chi Minh City. All the information was mentioned by the Ho Chi Minh City Real Estate Association (HoREA) in its report submitted to the municipal Party Committee in late February. The developer of the project in the outlying district of Cu Chi is Tuan Chau Corporation, a conglomerate based in the northern tourist city of Ha Long.

The “New City” Cu Chi

High-ranking officials in the southern metropolis have said they back the idea to implement this grand project, pending formal approval. The project, named ‘New City,’ is expected to cover an area of 15,000 hectares, about 15 times the combined area of Phu My Hung New Urban Area in District 7 and Thu Thiem New Urban Area in District 2.

The mega-zone will become the new center of Ho Chi Minh City with the ability to adapt to climate change and tidal water, the developer was quoted as claiming. It will also be home to a series of affordable housing projects and sufficient convenient services, providing local residents with abundant job opportunities and standard lifestyles.

The conglomerate has also proposed constructing a new avenue running along the Saigon River bank that will connect Cu Chi District and District 1. With the total length of 59 kilometers, vehicles will be allowed to travel at an estimated velocity of 100km per hour. The distance between the two destinations will be shortened to a 30-minute ride, compared to the nearly one hour and a half journey at present.

Source: Tuoitrenews

April 21, 2017 / by admin / in News

Hanoi and Ho Chi Minh City are in top global office yield index

According to the World Office Yield Spectrum Report compiled by Savills and Australia’s Deakin University, Hanoi and Ho Chi Minh City have topped the latest table of office yields.

Top global office yield in Asia

Among the 54 cities analyzed across Asia, Europe, the U.S. and Australia, Hanoi had the highest office yield with 8.75 percent, followed by Ho Chi Minh City at 8.5 percent. On the other hand, Taipei brought up the rear with the tightest yield of just under 2 percent, while Hong Kong stood at 2.5 percent.

These figures reflect the growing confidence and demand for commercial property in Hanoi and Ho Chi Minh City, Matthew Powell, director at Savills Hanoi. However, he noted that leasing areas in both cities are relatively small in a global context, and commercial transactions, especially those involving international investors, are similarly insignificant.

Looking forward, analysts expect strong demand from leasers in both Ho Chi Minh and Hanoi, along with investor demand for commercial property. Globally, office yields continue to firm as investors seek safe havens for their funds amidst ongoing economic and political uncertainties, and with those factors likely to prevail in the short to medium term, the office investment market, particularly in gateway cities, look certain to continue to prosper.

Source: VNexpress

April 20, 2017 / by admin / in News

The paradise life in Masteri condominium

TIRED OF FINDING AN APARTMENT?

Are you stuck by finding a favorite apartment to settle down and enjoy your life?

Let’s think through Masteri Thao Dien as one potential option.

Best ideal apartment

With 42 floors designed modern and environmental friendly, Masteri Condo was honored in top 10 of the best real estate projects in Vietnam by Vietnam Investment Review. It has a favorable position in District 2 of Ho Chi Minh City, where many foreigners love to living and working.

Luxurious Living Space

Masteri Thao Dien offers luxury apartments and penthouse at roof level. Especially, this apartment is harmonious with its surrounding landscapes to create an open space with green areas and natural sunlight. All of units are fully furnished with the high-end furniture and modern amenities. You can also use many facilities such as swimming pool, BBQ area, garden, children’s playground, etc.

Enjoy the life

After a hard working day, do you want to relax? Masteri Condo offers you an amazing panoramas of the city and Saigon River. To enjoy the whole space with fresh air and green nature, just choose it.

Hellovietnamese.com

April 18, 2017 / by admin / in News

« Previous
1
…
7
8
9