These are the 8 most influential characters on the 2018 real estate market
These are the 8 most influential characters on the 2018 real estate market
The figures that are influential in the overall picture of the real estate market in 2018 are all familiar entrepreneurs; experts associated with the development policy of the real estate market. Their personal marks have contributed to shaping the picture of real estate in the coming years ...
Summary of criteria:
- In 2018, it is considered as a "ups and downs" of the real estate market with obvious changes in both supply and transaction. However, large corporations with familiar owners in real estate still lead their businesses to exceed the sales targets set, especially marked with a series of big brand-name projects in the market.
- Real estate entrepreneurs own large assets in the real estate market and build a business brand through projects that have been implemented in the market so far.
- The face of the state management agency with the difficult policies and promoting the real estate market for sustainable development also brought a significant influence on real estate in 2018.
Mr. Pham Nhat Vuong - Chairman of Vingroup Group
Particularly in the real estate sector, transfer revenue for the first 9 months of 2018 reached VND 57,021 billion, an increase of VND 18,948 billion, equivalent to 49.8% compared to the same period in 2017, mainly coming from large projects such as Vinhomes Golden River, Vinhomes The Harmony, Vinhomes Central Park and Vinhomes Green Bay.
This is also the year that Vingroup boss made a mark on the real estate market with the inauguration of the first item of Vincom Center shopping center inside the tallest building in Vietnam Landmark 81 - the pride of the Vietnamese people and the opening of the house. Vincity Ocean Park project model and introduction of Vincity Sportia project (Hanoi) - "burning hot" Northern real estate market.
Mr. Bui Thanh Nhon - Chairman of Nova Real Estate Investment Group (NVL)
Mr. Bui Thanh Nhon - Chairman of Nova Real Estate Group is known as the owner of many real estate projects scattered throughout Ho Chi Minh City. This is the face of real estate business to carry out a series of big mergers and acquisitions (M&A) deals in the context of the volatile real estate market in 2018.
Expanding land fund through M&A activities continues to be boosted by Novaland with trillions of dong poured into subsidiaries after the first half of 2018.
According to Novaland's interim cash flow report, a total of VND 6,421 billion was invested in other companies in the first 6 months of 2018, an increase of 70% over the same period.
According to the plan of 2018, Novaland expects to reach 21,780 billion dong in revenue, after tax profit of 3,200 billion dong, 87% and 55% higher than the same period in 2017. At the same time, this is also the year of this business. aggressively encroach on resort real estate.
Mr. Luong Tri Thin - Chairman and CEO of Dat Xanh Group (DXG)
Mr. Luong Tri Thin is currently the Chairman of the Board of Directors and General Director of Green Land Group Joint Stock Company. Being considered as a sensitive person to the real estate and financial market, DXG's boss is influential in trading activities on the market and owns many projects across the country.
In 2018, the total consolidated revenue is expected to reach more than VND 5,000 billion, up 153% compared to 2017. In Q4 / 2018, DXG achieved VND 400 billion of consolidated after tax profit, 137% higher than with the same period.
Last year, Dat Xanh's service system successfully traded about 18,000 products across the country, earning over 3,000 billion VND, increasing 187% compared to 2017. With the ability to "cover" well in distribution activities. Real estate, in 2019, this company is aiming for 30,000 successful transactions.
Investment activities of Dat Xanh were evaluated successfully with the handover and recognition of projects such as Opal Riverside (Thu Duc), LuxGarden (District 7), Lux city officetel (District 7) ... brought back to DXG. VND 1,500 billion in revenue, up 140% over the same period in 2018.
In 2019, DXG continued to promote investment and business activities through introducing 5 - 6 suitable apartment projects in segments B and C in District 7, Thu Duc District, Q .2, District 9 belongs to Ho Chi Minh City area and a series of land products, shophouse in provinces and cities such as Quang Ninh, Phan Thiet, Vung Tau, Binh Duong, Long An and Can Tho.
Mr. Nguyen Dinh Trung - Chairman of Hung Thinh Corporation
Mr. Nguyen Dinh Trung, founder of Hung Thinh Corporation (born in 1972) in Binh Dinh. This business owner is considered to have a strong influence on the real estate market in Ho Chi Minh City when there is continuous land fund and the project to implement a variety of segments in the market before the context of land fund is generally scarce.
From a trading floor, Hung Thinh Corporation currently has 29 member companies, 11 representative offices and systems of exchanges, 2,500 employees and currently has 50 large projects deployed in the market.
In addition to a series of mid-range apartment projects in the market, in recent years, this enterprise has gradually expanded its market share to high-end real estate and resorts with strategic projects. Among them, Mystery Villas, Cam Ranh Mystery Villas, Golden Bay Urban Area 602 (Cam Ranh, Khanh Hoa), Saigon Mystery Villas (District 2, Ho Chi Minh City), Sentosa Villa (phase 2) in Phan Thiet City, Binh Thuan Province, Bien Hoa New City Urban Area (Bien Hoa City, Dong Nai Province), Ba Ria City Gate Model Urban Area (Ba Ria - Vung Tau Province) ...
Mr. Trinh Van Quyet - Chairman of FLC Group
Mr. Trinh Van Quyet was born in 1975, a lawyer who turned to the real estate sector in 2008 with the establishment of FLC Group.
In the field of real estate, Mr. Quyet was mentioned a lot in 2018 when continuously acquiring a series of large projects in the resort market.
A number of outstanding real estate projects of FLC include: Vinh Thinh luxury resort in Vinh Phuc, a complex project of FLC Samson Golf Links international golf course and resort (Sam Son, Thanh Hoa) with a total capital of investment up to VND 5,500 billion. In addition, FLC also invested in a complex of FLC Quy Nhon high-class golf courses, resorts, resorts and recreational facilities located on an area of nearly 1,300 hectares.
Ms. Truong My Lan - Chairman of Van Thinh Phat
Ms. Truong My Lan - Van Thinh Phat's Chairman is considered an entrepreneur with great influence on the real estate market despite being quite tight in front of the media.
The owner of this business owns or is involved in cult projects, located in golden or large-scale areas such as: Time Square, Nguyen Hue's pedestrian-gold quadrangle - the road Ho Tung Mau - Huynh Thuc Khang - Ngo Duc Ke, Union Square, Saigon Peninsula.
In 2018, it was marked when the president of Van Thinh Phat was buying many big projects in Ho Chi Minh City such as the Thuan Kieu Plaza project and renamed The Garden Mall or notably Phuoc Kien project. of Quoc Cuong Gia Lai.
Mr. Le Thanh Than - Chairman of Muong Thanh Group
Dubbed the "boss" of cheap houses, Mr. Le Thanh Than was born in 1949, Chairman of Muong Thanh Group.
In 2018, it was marked with this character on the real estate market when it announced the launching of 1,200 apartments in Thanh Ha project (Hanoi) with the price of about VND 500 million / unit. This is considered the cheapest price in the current apartment market, making the real estate market a tumultuous.
Earlier in early 2018, giant Le Thanh Than also once shocked the market when announcing the information of applying for social housing price of 6 million VND / m2.
Mr. Le Hoang Chau - Chairman of Ho Chi Minh City Real Estate Association
Mr. Le Hoang Chau - Chairman of Ho Chi Minh City Real Estate Association is considered an expert with influence on HCMC real estate market in particular and the whole country in general. This character constantly has "bold" proposals, petitions suggesting that the Government adjusts to obstacles for the real estate market to develop sustainably and transparently.
For example, propose solutions to remove land use fees for businesses; infrastructure investment costs, site clearance costs for real estate enterprises; propose new capital sources to implement social housing; administrative reform; create real estate investment fund ...
The ongoing petition of this Chairman was acknowledged by the state management agency and some congestion points were basically solved in 2018.
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