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condotel
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Title deeds welcome, but condotel woes remain
Official recognition of condotel ownership is a positive move, but it cannot resolve bigger legal and economic issues constraining the sector, experts say.
Da Nang condotel developer threatens to cancel unsettled contracts
Cocobay Da Nang developer has announced it would cancel contracts if buyers don't accept one of the options it has offered.
Condotel segment faces struggle, study warns
Condotel prices have dropped by 8 percent, and the struggle is likely to continue for the segment in 2020, a study says.
December 13, 2019 | 08:23 am GMT+7
Government to work on laws for condotel model
With many investors getting duped by developers, the Ministry of Construction says it will enact new laws to regulate the condotel sector.
December 02, 2019 | 10:14 pm GMT+7
Guaranteed returns ploy driving condotel craze fraught with risk
Ignoring analysts’ warnings, investors bought thousands of condotels, lured by developers' promises of high guaranteed returns each year.
December 02, 2019 | 08:00 am GMT+7
Da Nang okayed Cocobay turning condotels to apartments
Authorities had approved the conversion of Cocobay Da Nang condotels into apartments long before the crisis over nonpayment of annual returns broke out.
November 30, 2019 | 08:30 pm GMT+7
Investors pay the price as Vietnam condotels unravel
Legal loopholes are being blamed for thousands of condotel investors being hurt, but avarice has also been a factor, experts say.
November 29, 2019 | 07:55 am GMT+7
Da Nang condotel investors saddled with debt as developer defaults
Investors who purchased Cocobay Da Nang condotels with borrowings are left in the lurch as the developer stops paying annual returns.
November 28, 2019 | 11:37 am GMT+7
Condotel developer defaults on payment of returns to buyers
The developer of condotel complex Cocobay Da Nang will stop paying buyers the annual returns it had promised due to financial difficulties.
November 27, 2019 | 10:00 am GMT+7
Resort real estate plunges
Supply and consumption of condotels and resort villas fell by double digits in Q3 as the ‘ghost month’ held investors back.
October 07, 2019 | 08:57 am GMT+7
Authorities continue to sit on laws to regulate condotels: experts
The government has yet to create a legal framework for condotels though many people are keen to buy and sell them.
May 19, 2019 | 07:30 am GMT+7
Housing developers take a shine to northern Vietnamese province
More property companies are pouring money into housing in Bac Ninh which is believed to have great potential for development.
October 23, 2018 | 10:16 am GMT+7
Stop building condotels, says real estate association
No more condotels should be built in Vietnam and the focus should instead be on developing existing ones, says Vietnam Realtor.
October 18, 2018 | 03:13 pm GMT+7
Lack of legal framework, title deeds for condotels worries buyers
Challenges remain in building a legal framework for condotels development in Vietnam, industry insiders said at a recent conference.
August 06, 2018 | 02:50 pm GMT+7
Da Nang seaside land prices double in Q2
Economic and infrastructure growth and lack of new supply in condo segment the reasons, according to the Vietnam Association of Realtors.
July 18, 2018 | 11:54 am GMT+7
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