Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
The real estate consultancy anticipates elevated investment activity, sustainability and technology to be the next focus.
Commercial podiums cannot always take advantage of the fast-moving and dynamic retail sector in Vietnam if no proper strategy is employed.
As there is an increasing number of foreign investors seeking for investment opportunities in industrial sector in Vietnam, it would be worthwhile to look into proper strategies to enter the market.
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Attractive returns may drive investors to the luxury segment but as prime property market refines and evolves, developers and products will be filtered.
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.
Vietnamese readers are probably aware of the many risks associated with the property market in Vietnam, but if we look at overseas luxury property booms that later went bust, we can see a few other lessons for investors to consider.
Office rents in Ho Chi Minh City could spell an increase of up to 20 per cent for some Grade A properties in 2018, according to the latest 2018 Asia Pacific Forecast of global real estate services firm Cushman & Wakefield.
The overall Vietnam property market is trending upward, across all sectors, with a particularly positive outlook for the office market.
The real estate sector in Ho Chi Minh City will continue its development through the end of this year, however, the lack of affordable housing and the excess of high-end apartments poses risks that need to be addressed.
HCM City’s real estate market in the 2017-20 period will see major changes as supply and demand will gradually adjust, stabilising and strengthening the market, according to the city’s Real Estate Association.
