HIGHLIGHTS OF VIETNAM PROPERTY MARKET REPORT SEPTEMBER 2019
- High-end real estate, not all investors “dare” to choose
This is the stage the market is quite carefully screened. Only enterprises with strong power can “dare” to deploy projects in the high-class and luxury segment which are very “picky” of this investor.
- Real estate in the movement wave of FDI enterprises
Industrial and residential real estate near industrial zones in Vietnam has been developing strongly and increasing in recent years due to FDI projects shifting production from China to Vietnam.
- North-South Expressway
The ministry of transport canceled international bidding for the north-south highway, seeking domestic investors and high expectations for military contractors.
- Investors rushed into real estate corporate bonds
The corporate bond market is active with rising heat from both supply and demand.The State Bank has sent a letter to commercial banks asking for strengthening control of corporate bond investment activities in order to limit potential risks.
- Resort real estate attracts investment
The impressive growth of the tourism industry has strongly promoted the development of the resort real estate market segment.Airports, highways “heat” resort and coastal real estate.
Read more: Property market report 2019