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Hanoi and Ho Chi Minh City have seen real estate sector transactions reach a total volume of more than $2 billion in the last two years.
Despite the real estate market’s rapid recovery over the last few years, a number of risks still remain, including an oversupply of high-end projects, the return of speculators, and falling market demand.
The ongoing improvement of Thu Thiem New Urban Area’s infrastructure system is connecting it better with neighbouring areas and making it a magnet for investment.
Thanks to the recent improvements in infrastructure, 2018 is forecast to see large numbers of land plots being sold on the outskirts of Ho Chi Minh City.
Real estate stocks are expected to return to the spotlight in 2018, as the sector recovers from its chronic issues and firms gear up for major merger and acquisition deals.
Ho Chi Minh City’s real estate market saw a robust amount of foreign direct investment in 2017, on the back of improvements in infrastructure and administrative procedures.
Despite a recent jump in the number of condotels offered to the local market, buyers are at risk of not being given ownership certificates or red books.
More than 150 business leaders have gathered at a conference held today in Ho Chi Minh City to discuss the orientations of Vietnam’s industries after the APEC Vietnam 2017.
Units at the second phase of high-end Vista Verde are handed over two months ahead of schedule, according to Singaporean developer CapitaLand.
Despite Vietnam’s great potential in the hospitality sector, diversification of services is needed if the country hopes to live up to expectations, according to experts.