HIGHLIGHTS OF VIETNAM PROPERTY MARKET REPORT OCTOBER 2019

ECONOMY MARKET REPORT OCTOBER 2019

VIETNAM PROPERTY MARKET 

1. Ha Noi
   • Apartment market is back to more optimistic.
   • Office rents are rising and demand is moving.
   • At the end of the year, investors headed for land plots in the vicinity of Hanoi.
2. Da Nang
   • Da Nang will develop urban areas to the west and become the resort center of Southeast Asia.
   • Da Nang real estate cooled down after 3 years of land fever.
3. Ho Chi Minh
   • The price of Grade A office in Ho Chi Minh City is double that of Hanoi
   • Affordable housing is increasingly being pushed away from the center.
   • Ho Chi Minh City infrastructure is overloaded, Binh Duong becomes the ideal choice.
4. Binh Duong real estate is full of potentials, is exciting at the end of the year but needs to be careful.
5. Rents of industrial real estate in Vietnam soared from 6.7% – 15.8% over the same period last year.
6. To build transport infrastructure to create momentum for economic development along with the relaxation of many conditions for domestic investors to make the north-south expressway.
7. Smart urban development: Enterprises have not yet participated and there are still many inadequacies and confusion.
8. Housing real estate has impressive growth brand, Vietnam leads the Asia-Pacific region.
9. Resort real estate continues to cool down.

 

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