Savills Vietnam has been officially appointed the property manager of Leadvisors Tower, a Japanese grade A office building developed by LeadvisorSanei Hospitality Holdings.
While the world city luxury home price growth slows, Vietnam luxury residential sector remains attractive to international buyers, Savills Vietnam’s latest spotlight reveals.
At the luxury end of Vietnam market is tremendous upside and opportunity for long term investment, with buyers set to benefit from potential capital appreciation as Vietnam continues its remarkable growth story, according to Managing Director of Savills Vietnam Neil MacGregor.
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.
