A corner of My Dinh II urban area, Nam Tu Liem district, Hanoi (Source: VNA) Hanoi (VNA) – Singapore, theRepublic of Korea, Malaysia, Japan and Hong Kong (China) are the largestforeign real estate owners in Vietnam, according to a survey recently publishedby CBRE Vietnam.
Investors from Thailand, China and the USare expected to invest more in Vietnam’s realty market in the near future.
According to experts, domestic investors havebought more since 2017, leading to competition with foreign investors withsupply limited. The trend is forecast to continue this year.
Residential land leads in terms of supplyand transaction volume while housing and land for developments are most popular.Hanoi and Ho Chi Minh City have seen increases in new supply and transactionvolume over the past years.
House prices have tended to rise slightlywhile demand for quality housing increasingly grows. Investors have competed tobuy projects at higher prices and several buildings under construction havebeen transferred to new investors.
The shortage of supply will encourageinvestors to work with domestic partners to build projects. At the same time, realestate funds will seek to buy stakes in major realty companies.-VNA
Investors from Thailand, China and the USare expected to invest more in Vietnam’s realty market in the near future.
According to experts, domestic investors havebought more since 2017, leading to competition with foreign investors withsupply limited. The trend is forecast to continue this year.
Residential land leads in terms of supplyand transaction volume while housing and land for developments are most popular.Hanoi and Ho Chi Minh City have seen increases in new supply and transactionvolume over the past years.
House prices have tended to rise slightlywhile demand for quality housing increasingly grows. Investors have competed tobuy projects at higher prices and several buildings under construction havebeen transferred to new investors.
The shortage of supply will encourageinvestors to work with domestic partners to build projects. At the same time, realestate funds will seek to buy stakes in major realty companies.-VNA
VNA
