Company » Introducing Company

November 17, 2018, 12:02 pm

Vietnam market - a key destination for real estate investment

(17:54:40 PM 05/06/2014)
(Tinmoitruong.vn) - Vietnam – Singapore Business Forum, hosted by The Vietnam Chamber of Commerce and Industry (VCCI), takes place from 04 to 06 June 2014 at the Duxton Hotel Saigon, with support from the Singapore Embassy, Ministry of Planning and Investment (MPI), and the Singapore Business Group (SBG) in Vietnam. Invited as the speaker for the Real Estate forum, Mr. Neil MacGregor, Managing Director of Savills shares with all visitors about the Vietnam market - a key destination for real estate investment.

Vietnam – Singapore Business Forum

 

The Vietnam real estate market is at an attractive phase in its development having recently bottomed out and showing some encouraging signs of recovery.  Notably the HCMC office and residential markets in particular are starting to demonstrate a better balance between supply and demand. Whilst this has not yet resulted in significantly increasing rentals or residential prices, Savills expects this to occur in the second half of 2014 and into 2015.  Whilst Vietnam is at the bottom of its real estate cycle, many other Asian markets are at the top of their cycles and may be set for a downturn over the next few years.  Vietnam is therefore attractively placed for investors to take advantage of the market recovery, whilst other markets begin to cool.

 

In addition, according to Savills, the current investment trend is focusing on the following sectors: office, hotel, and residential. Within the office sector, the HCMC market is seen to have bottomed out with rents starting to pick up. Investors are therefore focusing on operating office buildings with stable cash flows. Within the hotel sector, the rapidly growing tourist numbers, both domestic and international, is the rationale for investment in city centre hotels as well as resorts in beach locations. Within the residential sector, “niche” apartment developments, landed properties or long-term new urban area developments are potential segments where Savills have seen significant interest.

 

Mr. Neil MacGregor commented: “We believe Vietnam remains a key destination for real estate investment in the SE Asia region and we will continue to see demand from a variety of investors from Japan, Singapore, Korea and elsewhere.  Our current investment picks include operating hotels and office buildings, as well as niche residential development opportunities.  Some of our clients are also focusing on longer term residential development plays on a larger scale.”

PHƯƠNG KHANH - TMT
KHÔNG XẢ RÁC BỪA BÃI

Send comments you read about: Vietnam market - a key destination for real estate investment

* *
*
*
(Environmental News welcomes your opinions read the article. The discussion will be reviewed before posting. Environmental News reserves the right to reject words offend individuals or organizations; words left habits and customs, law violations. Readers discuss accented Vietnamese. Comments do not necessarily reflect the views of the Environmental News. Thank you for your contributions and cooperation of)
KHÔNG XẢ RÁC BỪA BÃI
Cat- center 3
Cat- center 4
Cat- center 5
 Viet Nam-German Businesses take lead in promoting sustainable development in Industry 4.0

Viet Nam-German Businesses take lead in promoting sustainable development in Industry 4.0

(Tinmoitruong.vn) - Hanoi, 6th December 2017- Leading CEOs from Vietnamese and German businesses have taken a strong stand promoting sustainable development through responsible use of natural resources in the Forum “Beyond APEC 2017 – Sustainable development opportunities for corporate sector” held today in Hanoi.

Cat- center 6
  HCMC not extend removal deadline to polluting firms

HCMC not extend removal deadline to polluting firms

(Tinmoitruong.vn) - Mr. Tat Thanh Cang, deputy chairman of Ho Chi Minh City People’s Committee, said it is impossible to extend the removal deadline on December 31 to polluting businesses in the city, at a meeting on Wednesday.

Cat- center 7