Lao Real Estate News/article

A South Korean company, Oriental Pearl Company Limited, is spearheading a new resort development in Laos. This project, located in the Km 62 area of Phonhong district, Vientiane province, is committed to environmental protection, cultural promotion, and the adoption of smart city technologies. The resort, which was showcased at the recent ASEAN Inter-Parliamentary Assembly, spans 1,200 hectares. The...

BIM Group and IHG Hotels & Resorts inaugurated the Holiday Inn & Suites Vientiane on Friday, a contemporary five     star establishment designed to capitalize on Laos's potential and bolster the growing hospitality sector. As the second IHG-managed property in Vientiane, this hotel aims to fulfill the increasing need for top-tier accommodations, coinciding with Laos's emergence as a...

On September 27, Lao Bullion Bank celebrated its eagerly awaited Soft Opening Ceremony at its headquarters in Phonsay village, Xaysettha district, Vientiane Capital. This event marked a pivotal moment in Laos’ financial sector, showcasing the government’s strategic initiatives to bolster the nation’s economic stability. The ceremony saw the attendance of key figures such as Santiphab...

An appealing blend of modernity and Lao heritage located in the heart of the capital, the Souphattra Hotel Vientiane...

Today I would like to introduce the ASEAN Real Estate to you. Which we have just hosted the conference....

Times Reporters City authorities are planning the siting of infrastructure in the new district that will be created and have now determined the...

Lao-owned construction company Douangchaleun Development Construction Group is to construct a Smart City development project in the capital of Laos. The government of Laos has granted Douangchaleun Development Construction Group permission to conduct a feasibility study for a Smart City project in Vientiane Capital and has frozen plots of land across two districts. Investors are now in the initial stages...

Revised law allows foreign nationals to own condominiums Foreigners will be able to own condominiums in Laos once the authorities enforce the newly revised Law on Land. The Lao Official Gazette, a government website that publishes state legislation, has posted the latest version of the Law on Land, which permits foreigners to own condominiums. Under Article 132 of the law, foreigners can now purchase...

Lao PDR Amends Its Land Law – What’s New? August 27, 2020   Today sees the entry into force of the new Law on Land No. 70/NA dated 21 June 2019 (the “2019 Land Law”), which among other things, includes new provisions concerning the limited ownership of land-use rights by foreigners under certain circumstances, and the limited ownership of individual units in a condominium...