Hospitality real estate which has been an attractive sector for investors is expected to continue growing this year partly due to boosts from global megatrends.
Disbursed foreign direct investment in 2018 increased by nine per cent to over $19 billion accompanied with sustainable economic growth has solidified platform for real estate development.
With 41 per cent of the population aged within the golden demographic and the rapid increase in high net worth individuals’ and middle-class families, Vietnam is becoming a fertile land for foreign investors to jump in education projects as regulations are stimulating.
In Vietnam, location remains the top priority for homebuyers, according to Duong Duc Hien, Director of Residential Sales North and Central region Savills Vietnam.
Bitcoin and other crypto-currencies may never be a practical alternate to mainstream currencies due to its unsteadiness, the underlying blockchain technology has various potential uses especially for real estate sector, according to the leading real estate consultancy Savills Vietnam.
Savills Vietnam has been appointed as the exclusive leasing agent for Friendship Tower, a new Grade A project from the developer CZ Slovakia in Ho Chi Minh City, Vietnam.
Savills Vietnam has just signed an agreement to become the exclusive leasing agent for Alpha Town and Alpha Mall, properties of Alpha King Real Estate Development JSC.
Real estate merger and acquisition activities in Vietnam have been bustling in recent years and will grow impressively in the future, according to experts.
It has been a very healthy start for Vietnam to 2018 with solid performance across all asset classes, especially with good macro-economy and strong foreign direct investment growth, based on the viewpoint of Troy Griffiths, Deputy Managing Director of Savills Vietnam.
Vietnam continues attracting investment interest, and Ho Chi Minh City stands out on investors’ lists, guaranteeing best positions for investment and development prospects in Asia Pacific, according to statistics of major property deals just announced by Savills Vietnam.
