Vietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their supply chains throughout Asia, according to CBRE.
With the government tightening control over permits, Hanoi’s second quarter new apartment supply fell to a seven-year low.
Vietnam has moved up five places to rank 56th out of 99 economies in this year's real estate transparency index.
As the pandemic brings opportunities to the e-commerce sector, the local logistics industry also has a chance to grow.
Land for lease at industrial parks (IPs) in southern Vietnam is becoming increasingly scarce, according to data from real estate consultants Jones Lang LaSalle (JLL) on the supply of industrial land in southern IPs during the second quarter of this year.
Housing demand remains high in Ho Chi Minh City despite impact of the COVID-19 pandemic, according to US-based real estate and investment management services firm Jones Lang LaSalle (JLL).
Large office space and improved connectivity will be in high demand in coming years, according to market researcher Jones Lang LaSalle (JLL).
The two cities were among few regional metropolises offering investors high investment returns in 2019.
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.
The new launches are estimated to attract a large number of buyers due to thin supply in the city.
As one of the most dynamic economies in the region, Vietnam's retail market is attractive for many foreign investors, but it can also be challenging at the same time.
JLL observes that there are hundreds of million dollars waiting to be poured into the market in most segments of real estate.
As one of the most dynamic economies in the region, Vietnam’s young retail market has great potential as it is increasingly more competitive and attractive to foreign investors, said Trang Le, head of Research and Consulting Services at JLL Vietnam.
Urbanisation in today’s fast-paced world is inevitable, especially in emerging economies. Vietnam’s population has grown rapidly from 66 million in 1990 to more than 96 million in 2019.
The additional supply drives up Hanoi's retail space to roughly 1.2 million square meters in the fourth quarter 2019.
Vietnam’s growing tourism industry and thriving economy have bolstered the hotel and resort market, with foreign investors from across the region showing interest in the country, making it one of the hottest markets in the Asia Pacific, according to U.S.-based real estate consultancy Jones Lang LaSalle (JLL).
Vietnam's growing tourism industry and thriving economy have drawn interest in the country's hotel and resort market from investors across the region, making Vietnam one of the most talked about markets in Asia Pacific.
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.
Food and beverage and fashion and lifestyle will continue to drive demand in HCM City’s retail property market, according to real estate consultancies.