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mrblack0301



Number of posts : 119
Registration date : 2011-08-07

PostSubject: Da Nang property pulls investors    Tue Aug 23, 2011 11:23 pm

Da Nang has remained an attractive real estate market to both local and foreign investors amidst the global economic crisis.
“While real estate market development has been sluggish, investors have continued paying special attention to Da Nang,” Lam Quang Minh, director of the Da Nang Investment Promotion Centre, told a seminar in Ha Noi yesterday.
“Da Nang property prices are much lower than those in Ha Noi and HCM City due to more investment incentives, which the coastal city has endeavoured to promote via its seminar in the capital,” Minh said.
“While the economic crisis has affected the property market, construction has managed to continue according to plan,” said Phung Tan Viet, deputy chairman of the People’s Committee of Da Nang.
Current advantages imbedded in the Da Nang property market include low land prices, the development of its economic and tourism sectors, as well as its upgraded infrastructure and excellent geographical position, according to a representative from Savill Viet Nam, a property-consulting firm.


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