Savills Vietnam: Residential sales to ascend in Ho Chi Minh City
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.
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.
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.