Buyers are getting antsy about China's property market.And that's putting an extra strain on the country's real estate sector, which could mean an even bigger squeeze for investors.Here's what you need to know.Read more: China is now the world's biggest consumer of foreign real estate, with almost $300bn of purchases in 2015, up from $180bn in 2014.There are now more than 12m homes listed in the c...
Hanois new investment in a luxury condo complex in Hano IOM is expected to generate nearly $1bn in new tax revenue, according to an official announcement from the Vietnamese capital.
The government said the development will add a new level of luxury to the existing high-end market in the country.
The Hano, Vietnam (CNN)The Hatoi government is investing $1.3 billion to build an eight-story luxury condo project in Hondo, according a government announcement on Monday.
Hanoi is planning to build more than 200 units in the luxury development, including a villa and a hotel.
Hondo is a popular destination for Chinese tourists.
The resort has become an international tourist destination for several decades.
Holo’s luxury resort is expected be the world’s largest luxury development when it is completed, the official said.