The domestic real estate market is hoped to have growth in the fourth quarter of this year and before the Lunar New Year 2021 if, by this year-end, the domestic economy is restored to levels from before the COVID-19 pandemic, according to insiders.
Foreign investors are planning to expand their operations in Vietnam this year, creating an opportunity for industrial property development despite the COVID-19 pandemic, according to experts.
The COVID-19 pandemic has had a serious impact on Vietnam’s economy but it’s also believed to create the conditions to attract more foreign direct investment (FDI) as there have been signs of a switch in capital flows away from China and to ASEAN member countries.
With COVID-19 and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike, experts have predicted.
An unexpected complication throwing off the forecasts of real estate consultants, shopping malls have been dragged down by the coronavirus epidemic.
HCM City and Hanoi continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momentum Index recently issued by property consultant Jones Lang LaSalle.
JLL observes that there are hundreds of million dollars waiting to be poured into the market in most segments of real estate.
VOV.VN - Additional foreign investment inflows in real estate went up during 2019 while credit in the sector bucked a downward trend, signalling its reduced heavy reliance on bank loans.
Property developers are increasing their interest in integrated large-scale projects and megacities, with the trend continuing to dominate the residential markets of Hanoi, Ho Chi Minh City, and neighbouring provinces.
Foreign investors are actively seeking investment opportunities with higher returns in Vietnam via operating hotel assets with in-place cash flow.
Real estate consultancy notes key factors for developers to consider for sustainable integrated developments.
Industrial property in the Northern Key Economic Zone (NKEZ) saw strong development in the third quarter of this year, according to Jones Lang LaSalle firm (JLL Vietnam).
In Ho Chi Minh City and Hanoi many old apartment and office buildings are becoming more attractive than ever because they are used as shops.
In an increasingly tight real estate market, more and more investors are finding value in adapting obsolete buildings, according to JLL Vietnam.
Vietnam needs to renew its real estate market to attract more foreign investors and increase the quality of foreign direct investment (FDI) in the sector, according to experts.
Quality of assets, rental growth, deal size, and land tenure are decisive for investment choices.
Vietnam is said to change its regulatory framework to tap potential offered by FTAs.
Despite inherent barriers arising from a traditional mindset and the high requirement for trust in the real estate industry, the prospects for proptech in Vietnam are still positive.
High solar irradiance and wind flow velocity are factors making Vietnam`s renewable energy advantages.
Vietnam’s real estate race is becoming hotter than ever with the growing attention of many domestic and foreign investors and a record amount of investment in recent years.