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The residential sector is at the apex of Ho Chi Minh City’s growth, driven by a need for better housing, a growing middle class and an increasing number of overseas buyers.
Investors are moving beyond residential market to venture into tourism and industrial real estate.
Hongkong Land is showing great interest in the country’s luxury residential market.
In the past four years, the volume of integrated development has substantially increased within the Vietnam residential market.
The different patterns that both markets followed in 2017, along with the characteristics of each, have offered Hanoi and Ho Chi Minh City (HCMC) distinct advantages for their own residential market segments, according to Duong Duc Hien, Director of Residential Sales of Savills Hanoi.
