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...
Lao Real Estate News/article
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 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 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...
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 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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Ongoing opportunities for luxury hotel growth: economist Continuing growth in visitor numbers to Laos will open up investment opportunities for luxury hotels over the next two to three years, according to a leading economist. Senior economist at the National Economic Research Institute, Dr Leeber Leebouapao, said yesterday that various grades of hotels are being built across the country but the majority...