Lao Real Estate News/article

Lao expats may receive land rights

The government is examining its policies on Lao expatriates' land ownership rights in Laos so those returning to their mother country can have a place to set up a permanent life. Ministry of Foreign Affairs Department of Lao Overseas Affairs Director General, Mr Thuan Vorasarn, spoke to Vientiane Times last week about possible changes to land laws related to Lao expatriates returning home. “The...

New Decree Paves Way for Foreign Investors to Own Land

Tuesday, 13 September 2011 The government has decided to allow foreign investors to own residential land rights after spending more than a year defining the details of the law. Officials from the Ministry of Planning and Investment said on Friday that foreigners who have invested US$500,000 or more in Laos can now apply to buy land from provincial and capital authorities in accordance with the amended...

Dongmakkhai to become a new city area

Dongmakkhai to become a new city area The allocation of land for new government offices in the Dongmakkhai area of Xaythany district has now been completed after works were progressed over the past year, a senior official from the Ministry of Natural Resources and Environment confirmed yesterday. An area of 800 hectares of conservation forest in Dongmakkhai area will be utilised for this development...

Vientiane to see new scenic area in 2025

A total of 148 hectares of land in part of Salakham marsh in Hadxaifong district, Vientiane, will be converted into a scenic area with comprehensive facilities to attract visitors. The state owned property has been leased out under a 70 year concession to two companies who will build a recreational area encompassing a guesthouse, restaurant, sports complex, conference rooms, laboratory, organic fruit...

New Shopping Center, Vientiane Center, second to none

Vientiane Center Project is developed by North NongchanComplex Development Co., Ltd., which was jointly established by Yunnan Overseas Investment Co., Ltd., and KrittaphongGroup Co., Ltd in 2011. Designed by SCP Consultant Ltd (Singapore), the project will be the first urban complex in Vientiane. A wide range of international experience and operation mode will be introduced into the project as to shape...

Compensation date unclear for villagers affected by National Stadium

The precise timeline to compensate remaining villagers affected by the construction of the National Stadium remains unclear, a senior government official has said. But officials in charge have confirmed they have already proposed the budget from the government to compensate the remaining villagers. Many villagers affected by the construction of the national sport complex, which was constructed in...

Land market situation this year

Land demand in Vientiane decreases Land buying and selling in Vientiane this year is less popular than before as the economy is slowing down and land prices are high. At this time of year many would-be sellers are talking to friends and others they meet telling them they have some land for sale but they usually get no buyer interest. A few years ago all you had to do was mention that you had some land...

Vientiane City Expansion Plan by 2030

Vientiane authorities design city plan for 450-Year Road As the population of Vientiane is expected to more than double by 2030, authorities are designing urban planning and land use for development along the 450-Year Road. The new city planning aims to accommodate the expansion of the Lao capital while ensuring sustainability and a liveable environment. Vice Mayor of Vientiane Mr Keophilavanh...

Ascott Opens First Somerset Serviced Residence In Laos

CapitalLand’s wholly-owned serviced residence business, The Ascott Limited (Ascott), has opened Somerset Vientiane, its first serviced residence in Laos, after completing the first phase of a progressive refurbishment and rebranding exercise for the former Parkview Executive Suites. The official opening of Somerset Vientiane took place on Tuesday evening in the capital. Somerset Vientiane is the...

Luang Prabang town plans to expand

Luang Prabang town plans to expand Luang Prabang provincial authorities have plans to expand the town to ease traffic congestion and in response to the increasing number of tourists to the World Heritage site. The Luang Prabang town expansion project covers 100 hectares of land starting from Donkeo village to Luang Prabang airport through Phanom and Nasangveuy villages “Our company has finished a...

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