{"id":4068,"date":"2016-02-08T18:11:57","date_gmt":"2016-02-08T11:11:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/apartments-buildings-in-vietnam-may-soon-follow-3-tier-classifications\/"},"modified":"2016-02-08T18:17:17","modified_gmt":"2016-02-08T11:17:17","slug":"apartments-buildings-in-vietnam-may-soon-follow-3-tier-classifications","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/apartments-buildings-in-vietnam-may-soon-follow-3-tier-classifications\/","title":{"rendered":"Apartments buildings in Vietnam may soon follow 3-tier classifications"},"content":{"rendered":"


\nThe ABCs of Vietnam\u2019s construction ministry proposal that got people talking
\nHanoi | Image credit: St. Rosenzweig (Wiki Commons)
\nA draft circular proposed by Vietnam\u2019s Ministry of Construction is drawing mixed reaction from industry players and experts in the country, according to Vietnam News, with some developers welcoming the policy, and others asking for further clarifications.
\nThe proposal involves apartment buildings that were put into use by July 2015 to be grouped into Class A, B or C, based on four criteria as stipulated by the housing and real estate market management department.
\nAccording to the draft, the four criteria area as follows: 1) urban planning and architecture; 2) technical and social infrastructure; 3) quality of apartment; and 4) management service quality.
\nAll compliant buildings will be reviewed every five years and receive the classification from the provincial and municipal departments of construction.
\nClass A apartments are those that score between 90 and 100 points, Class B from 80 to 90 points, and Class C below 80 points.
\nMore: Why northern Vietnam\u2019s Hai Phong is the one area to watch out for
\nCertain developers agree to the proposal, citing the need to standardise building practices in Vietnam.
\n\u201cIt is important to have measures to prevent shady behaviour during the classification of apartment buildings,\u201d commented Nguyen Xuan Quang, chairman of the Nam Long Real Estate Company.
\nMeanwhile, Le Hoang Chau, president of the HCM City Real Estate Association, noted that proper classification for high-end buildings must also be implemented to justify their selling prices.
\nNguyen Trong Ninh, director of the Housing and Real Estate Market Management Department, said that the proposal still needed to be improved. He further proposed to make it optional for developers who would like their projects to be classified.
\nThe draft is expected to be issued by the construction ministry in Q2 2016.
\nRead next: A new lease of life for Hanoi real estate
\n
\nSource : property-report.com
\nRead more…Apartments buildings in Vietnam may soon follow 3-tier classifications<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The ABCs of Vietnam\u2019s construction ministry proposal that got people talking Hanoi | Image credit:...<\/p>\n","protected":false},"author":1,"featured_media":4069,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-4068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/02\/Hanoi_St.-Rosenzweig.jpg?fit=740%2C518&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-13C","jetpack-related-posts":[{"id":3411,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-northern-vietnams-hai-phong-is-the-one-area-to-watch-out-for\/","url_meta":{"origin":4068,"position":0},"title":"Why northern Vietnam\u2019s Hai Phong is the one area to watch out for","date":"February 2, 2016","format":false,"excerpt":"\r It\u2019s the country\u2019s new gateway to the world Construction work in Hai Phong (media.vneec.gov.vn) When Lonely Planet called Hai Phong as the most approachable city in northern Vietnam, they referred to its tree-lined boulevards playing \u201chost to a bundle of graceful colonial-era buildings\u201d and a bustling caf\u00e9 culture that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/02\/Construction-work-in-Hai-Phong_media.vneec_.gov_.vn_.png?fit=925%2C657&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exciting-growth-for-the-vietnam-property-market\/","url_meta":{"origin":4068,"position":1},"title":"Exciting growth for the Vietnam property market","date":"July 1, 2016","format":false,"excerpt":"\r All signs point to a growing year ahead There\u2019s plenty to smile about in Vietnam. Image Credit: Davidlohr Bueso (Flickr) Despite the devastating weather effects of climate change and China\u2019s decelerating economy, Vietnam\u2019s growth in the property sector appears to be unstoppable this year. The Vietnam Real Estate Association\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retro-saigonese-design-for-first-vietnamese-oakwood-venture\/","url_meta":{"origin":4068,"position":2},"title":"Retro Saigonese design for first Vietnamese Oakwood venture","date":"August 29, 2016","format":false,"excerpt":"\r Serviced apartments are growing in vogue in the country A glimpse of Vietnam\u2019s first Oakwood-branded serviced apartments Vietnam\u2019s serviced apartment segment is in for a shakeup with the opening of the country\u2019s first units\u00a0under Oakwood Worldwide, a serviced apartment operator with headquarters in Los Angeles, London, Phoenix and Singapore.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-foreseeable-future-holds-for-vietnams-property-sector\/","url_meta":{"origin":4068,"position":3},"title":"What the foreseeable future holds for Vietnam\u2019s property sector","date":"June 10, 2016","format":false,"excerpt":"\r Will the impact of the Law on Residential Housing be felt in 2016? This is the conclusion of\u00a0Property Report\u2019s three-part series on the rebirth of Vietnam\u2019s property market. Read\u00a0Part One and Part Two here. By Thomas Maresca The changing nature of buyers and the diversity and quality of developments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vietnam-orders-report-on-foreign-home-ownership\/","url_meta":{"origin":4068,"position":4},"title":"Vietnam orders report on foreign home ownership","date":"March 14, 2019","format":false,"excerpt":"\r Vietnam\u2019s Ministry of Construction has asked provincial and city governments to compile a report detailing the extent of foreign home ownership in the country, Vietnam News reported. The ministry will use the information to evaluate the implementation of a policy allowing foreign organisations, individuals and Viet kieu (overseas Vietnamese)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vietnams-real-estate-dragon-ascends\/","url_meta":{"origin":4068,"position":5},"title":"Vietnam\u2019s real estate dragon ascends","date":"June 8, 2016","format":false,"excerpt":"\r Vietnam\u2019s recent strong macroeconomic performance and foreign direct investments have served to supercharge the country\u2019s thriving property sector even further Major property markets in Vietnam such as the capital Hanoi are coming up smelling of roses in the current market surge This is Part One of\u00a0Property Report\u2019s three-part series\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4068"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=4068"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/4069"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=4068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=4068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=4068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}