29 May 2022

• Vietnam housing market to get busier on foreign demand rebound, urbanisation
  ACTIVITY in Vietnamese residential real estate is expected to pick up in the coming years as the urban population swells and foreign buyers <a href="/asean-business/foreign-investors-in-vietnam-keep-focus-on-ho-chi-minh-city-hanoi-homes" target="_blank">gradually return to the nation’s property market</a>, industry players told The Business Times (BT).
• Foreign investors in Vietnam keep focus on Ho Chi Minh City, Hanoi homes
  IN Vietnam’s housing market, foreign investment demand continues to be concentrated in the country’s biggest cities of Ho Chi Minh City (HCMC) and Hanoi.
• How might more PLH flats affect the HDB market?
  When the Ministry of National Development (MND) and the Housing &amp; Development Board (HDB) first announced the launch of the Prime Location Housing (PLH) model in October 2021, it was stated that the PLH model would apply to flats built in prime, central locations such as the city centre and the Greater Southern Waterfront.
• SIAS says no objection to Hwa Hong appointing IFA ahead of independent reviewer
  THE Securities Investors Association (Singapore), or Sias, on Friday (May 27) said it does not object to Hwa Hong Corporation’s appointment of an independent financial adviser (IFA), ahead of its appointment of an independent reviewer.
• 2,500 prime BTO flats launched; 3 and 4-room units priced at S$369,000-S$737,000
  THE Housing and Development Board (HDB) launched 4,583 Build-To-Order (BTO) flats on Friday (May 27) across 5 projects, including 1 each in Bukit Merah and Queenstown under the Prime Location Public Housing (PLH) model.
• Singapore retail rents and inflation moving in tandem may put retailers in a bind
  SOME retail businesses, including those selling recreational goods and furniture, are likely to be hit harder by rising rents coupled with inflationary pressures in Singapore, an analysis by the Institute of Real Estate and Urban Studies (IREUS) suggests.
• Wing Tai bags Lakeside Apartments for S$273.9 million, 14% above reserve price
  THE wholly-owned subsidiary of Wing Tai Holdings, Winville Investment, has won the tender for the collective purchase of Lakeside Apartments at some S$273.9 million, representing a 14 per cent premium to the S$240 million reserve price.