Chinese buyers are making up a dominant part of transacted luxury and high-end apartments, showing their keen interest in Vietnam's real estate market.
The largest transactions this year, for major office, residential and retail sites, all backed by foreign capital let people gauge the fervor foreign investors have in Vietnam, Asia’s rising star.
The digital evolution has made a significant impact on the hospitality industry with hotels spending more on digital marketing as well as other digital tools to adapt to the ever-changing demand.
In the second quarter of this year, Ho Chi Minh City market welcomed an additional 6,109 condominium units, a decrease of 36 per cent compared to the same period of last year, according to commercial real estate services and investment firm CBRE.
As many as 91 per cent of co-working space members are under the age of 35 and most of them are either the founders or employees of start-ups in the field of information technology, according to the leading real estate services and consultancy firm CBRE Vietnam.
Noble Vietnam Co., Ltd. the investor of Van Tri Avenue Villa project, has appointed CBRE (Commercial Real Estate Services) exclusive sales and marketing agent of the project.
JLL, CBRE and Savills, the three leading foreign real estate consultancy firms, have been selected to be managers of high-end real estate projects in Vietnam.
Ms. Duong Thuy Dung, Director of Research and Consulting, CBRE Viet Nam, states that Ha Long is becoming an attractive market to investors thanks to the remarkable development of tourism, high-end tourism products and a modern, synchronized infrastructure system.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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