The industrial real estate market is expected to boom thanks to good signs in foreign direct investment (FDI) and the resumption of international flights, predicted experts from Savills Vietnam.
The resumption of international flights and the border reopening in March will not only benefit Vietnam’s hospitality sector but also drive demand for serviced apartments, according to Savills Vietnam.
The office lease market in Ho Chi Minh City is recovering, with hybrid working model comprising both remote and office-based work emerging as a bright spot, according to experts from Savills Vietnam.
Many banks have recently offered to sell mortgaged assets, mainly real estate, worth billions of VND, to recover debts amid the recovery of the realty market.
With an average gross domestic product (GDP) growth rate of 6-7%, Vietnam is being evaluated as an ideal destination for investment, compared to other countries in the region, particularly in the field of the real estate market.
Vietnam's cold storage real estate segment is developing and is expected to reach US$295 million in 2025 with a growth rate of 12% a year, according to real estate consultancy Savills Vietnam.
VOV.VN - The demand for industrial land, logistics services, and ready-built warehouses is poised to continue recording strong growth moving into next year, according to real estate experts of Savills Vietnam.
Demand for “housing with care” – a range of residential formats (which often provide care services) for older people – is increasing, but the market remains almost untouched in Vietnam, according to property consultancy Savills Vietnam.
Industrial property and ready-built factories remain the top choice of investors due to high demand, said experts from Savills Vietnam.
VOV.VN - Although Vietnam was badly impacted by the COVID-19 pandemic in the first two quarters of the year, its real estate market has still received 500,000 new supplies, representing an annual increase of 270%.