Vietnam govt plans to limit amount of residential property on golf course developments

Discussion in 'New and Emerging Property Markets' started by Nicholas Wallwork, Dec 16, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Golf course resorts in Vietnam may lose their attractiveness to developers and international*investors if government proposals to limit the amount of land for residential property within*project areas, it is claimed.

    Ministers are keen to limit the amount of land within golf developments on which villas and*apartments can be built to a maximum of 10% of the total project area as part of the country's*golf course strategy between now and 2020.



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