Vietnam's real estate market continues to attract foreign investors because of its growth potential, especially investors from the Republic of Korea, according to real estate consulting companies.
Foreign firms usually apply the ‘China+1’ model, which means that they build a facility in China and then look for a new destination to become an intermediary location or to serve as a target for expansion and relocation in the future.
Apartments for middle-income people remained hot for consumers, accounting for three quarters of the total apartments put on sale in the first three months of 2018.
Housing transactions in Hanoi last year hit a record 21,100, surpassing the sector’s peak in 2009, according to property service provider CB Richard Ellis (CBRE) Vietnam .
The new exchange rate mechanism will not make any remarkable impact on the Vietnamese real estate market, assured an expert from the CBRE Vietnam.