According to GlobalData, the value of Vietnam construction market is forecast to grow by 6.6% in real terms in 2024, having grown by 8.2% in 2023. A key growth market will be the infrastructure market, with output rising by 11.0% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five multi-family housing construction projects that commenced in Vietnam in Q3 2024, according to GlobalData’s construction projects database.
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1. Sun Urban City
The project involves the construction of Sun Urban City on 420ha of land in Phu Ly City, Ha Nam.
Construction work started in Q3 2024 and is expected to be completed in Q4 2028.
2. The Senique Hanoi
The project involves the construction of a 37-storey residential complex on 2.1ha land in Hanoi City.
Construction work commenced in Q3 2024 and is expected to finish in Q1 2027.
3. Noble Crystal Long Bien Luxury Apartment Complex
The project involves the construction of four, residential towers ranging from 15-story to 17-story on 1.7ha of land in Long Bien District, Hanoi City.
Construction work started in Q3 2024 and is forecast to complete in Q4 2027.
4. Destino Centro Apartment Complex
The project involves the construction of five, 20-story residential towers comprising 2,038 units on 2.1ha of land in My Yen commune, Ben Luc district Long An.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2027.
5. Essensia Sky Residential Complex
The project involves the construction of two, 26-story residential towers comprising 424 apartments in Ho Chi Minh City.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
For more details on the latest construction projects, buy the profiles here.
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