Real Estate Newsletter on 10/6/2023

Apartments at the Wyndham Grand Hoi An project are banned from being used for housing

The People’s Committee of Quang Nam province has just issued a decision approving the adjustment of investment policy and at the same time approving the investor of the Wyndham Grand Hoi An tourist and commercial apartment project, in Dien Duong ward, Dien Ban town. The project will be named Landmark Hoi An tourist and commercial apartments. 

The People’s Committee of Quang Nam province stipulates that tourist apartments can only provide tourism services in accordance with the law, not for housing purposes. This unit must strictly comply with the provisions of the law on the quarterly and annual reporting regime on the project implementation status and the tax reporting regime as prescribed. 

“In case Live Green – Hoi An Co., Ltd. does not comply with regulations, it will be considered and handled in accordance with current law,” Quang Nam Provincial People’s Committee emphasized.

It is known that, in terms of scale, Wyndham Grand Hoi An has a usable land area of ​​5,616.4 m2. The total investment capital of the project is 600 billion VND. In which, the investor’s contributed capital is 120 billion VND; mobilized capital is 480 billion dong.

The objective of the project is to invest in building tourist apartments (not for residential purposes) for business in accommodation services, hotels, restaurants, functional areas to serve the needs of entertainment, buying and selling. shopping by tourists.

Hai Duong: Thanh Cong Group owes more than 8 billion VND in land use fees

The Government Inspectorate has just announced the inspection conclusion of the Hai Duong Provincial People’s Committee’s responsibilities in the management of capital construction investment and land use management in the 2016-2020 period. Accordingly, through the inspection of 16 land-use projects (including the reciprocal projects in the BT project), the Government Inspectorate discovered many violations and shortcomings.

In the notice of inspection conclusions, the Government Inspectorate determines that there are limitations, omissions and violations in the management of construction investment and land use management under the responsibility of the President and Vice President. Hai Duong Provincial People’s Committee is in charge of the field for the period 2016-2020 and related periods. Along with that is the director, deputy director of the Department and branch in charge of the field; Chairmen, Vice Chairmen of People’s Committees of districts, cities and towns are in charge of the field for the period 2016-2020 and related periods.

Notably, the Government Inspector also pointed out a series of land violations at the Thanh Cong Ecological Urban Area Project invested by Thanh Cong Group – Thanh Cong Group JSC. land, money to protect and develop rice cultivation is more than 8 billion VND.


It is known that Thanh Cong ecological urban area is located in Hiep An ward, Kinh Mon town, Hai Duong province with an area of ​​​​nearly 36 hectares. The objective of this project is to form a new urban residential area with synchronous technical and social infrastructure; effectively exploit and use the land fund, meeting the housing needs and urban development needs of the locality. Thanh Cong ecological urban area (phase 1) was approved by Hai Duong Provincial People’s Committee in July 2017.

In July 2021, the People’s Committee of Hai Duong province issued a written approval to extend the implementation time of the construction investment project of Thanh Cong ecological urban area, Kinh Mon district (now Kinh Mon town) phase I. Accordingly, phase I will complete the construction of the remaining technical infrastructure works of the project before June 30, 2022. The exploitation, business and transfer of residential land use rights of the project will be completed before December 31, 2031.

According to research, Thanh Cong Construction Materials Manufacturing Company Limited (Thanh Cong Company) was established on February 3, 2000, by businessman Le Van Dinh and Nguyen Thi Tam Hoa. Up to now, Thanh Cong Company has not only become an influential brand in the market of cement products in Hai Duong province but also gradually expanded its market share through other potential localities of the northern region.

Originating from Thanh Cong Company, after more than 23 years, Mr. Le Van Dinh and his wife have built up an ecosystem called Thanh Cong Group JSC, whose head office is located at 10A, Tay Ngo industrial complex. Quyen, Cam Thuong Ward, City. Hai Duong.

According to the introduction on the website, in addition to the traditional cement product lines, Thanh Cong Group JSC also provides industrial waste treatment services, freight, logistics,… Especially in recent years, Thanh Cong Group JSC is gradually entering the fertile real estate market in its hometown of Hai Duong. Specifically, this enterprise introduced as the investor of a number of housing projects such as Lac Long new urban area (King Mon town), Tram Bong new urban area (Gia Loc district) and ecological urban area. Thanh Cong (King Mon town).

Real estate businesses apply AI and OpenAI GPT 3.5 in brokerage activities

After its initial launch in Singapore via the SALES+ app in March 2023 and strong support from over 8,700 real estate agents, OpenAI GPT-3.5 will now be used and accessible to approximately approx. ERA’s 23,000 brokers in the Asia-Pacific region.

According to the ERA representative, leveraging the power of the ChatGPT artificial intelligence engine, OpenAI GPT-3.5 is expected to revolutionize the management of daily tasks of real estate agents. The tool equips agents with modern features to save time on tasks such as writing articles, posting news, creating advertising content and translating, which helps real estate agents have time to focus on more important tasks.

With the AI ​​LAB brand, the implementation of OpenAI GPT-3.5 in the Asia-Pacific region is towards ERA’s vision this year of “Enriching lives, embracing technology”. In which real estate brokers equipped with effective technology platforms will bring benefits to consumers, especially with advanced technical technologies such as using voice so that artificial intelligence can produces high-quality copies, helping brokers provide clients with superior and efficient real estate transaction experiences.

“Integrating artificial intelligence into our technology products is seen as an inevitable step forward. This has greatly enhanced the work capacity of ERA sales professionals, so that they can do the work. things faster and better,” said Marcus Chu, Managing Director of ERA Singapore, ERA Asia Pacific and APAC Realty.

According to the ERA representative, the use of ChatGPT is considered as the “tip” of the AI-powered technology iceberg, which promotes ERA’s digital transformation roadmap and positively impacts the way businesses operate. ERA real estate specialist as well as broker in the market.