The Hanoitimes - More Japanese and South Korean investors are pouring money into the real estate sector regardless of segments. FDI boosts Vietnam’s industrial real estate in 2018 Hanoi, HCMC, Danang stir Vietnam real estate market with lots of exciting activities Japanese investors, after years of working with different markets, have concluded that the real estate market in Vietnam appears to be most attractive in Southeast Asia. Vietnam has become an appealing destination for its safe and stable business environment though prospective in regional peer like Indonesia or Cambodia remains bright, Director of Japan’s Global Link Cooperative Yoshinori Nakata told Vietnam News Agency on the sidelines of an investment promotion workshop in Osaka, Japan on April 9. Yoshinori Nakata. Photo: VNA Real estate has turned to be the most-chosen investment channel in Vietnam as foreign investors see their significant returns on the money they will invest, … [Read more...] about Vietnam real estate market most attractive in Southeast Asia: Japan investors
Vietnam real estate news
Global investors eye Vietnam’s real estate market
Global investors eye Vietnam’s real estate market. (Photo: VNA) Hanoi (VNA) – Foreign investors cannot take their eyes off the Vietnamese real estate market, one of the most dynamic emerging markets globally, according to an article by regional managing director, Southeast Asia, CBRE Vikram Kohli on www.bussinesstimes.com.sg. “Driving its strong economic growth is an expanding middle class with thickening wallets,” the article said, adding that rapid urbanisation is supported by a young, growing and educated population, and all bode well for an economy with one of the world’s fastest growing gross domestic product (GDP) rate. In addition, the World Bank has projected that Vietnam’s GDP will expand by 6.8 percent this year, fuelling big appetites of global investors looking to make their mark in Vietnam’s burgeoning property market. In the past three years, Vietnam has seen a significant increase in the number of foreign investments in … [Read more...] about Global investors eye Vietnam’s real estate market
Vietnam’s real estate market a gold mine for foreign investors
VietNamNet Bridge - More foreign invested real estate projects have been registered recently, while more M&A deals in the sector have also been reported. Vietnam's real estate market is a gold mine for foreign investors In late July, the 100 percent foreign owned real estate developer Alpha King introduced three real estate projects in district 1, HCMC, including the high-end serviced apartments at No 2 Ton Duc Thang, the A-class office building Alpha Town at No 289 Tran Hung Dao and Alpha City complex at No 87 Cong Quynh. Alpha King’s CEO Jimmy Chan said it will takes two to three years to build the projects. Japanese Hinokiya Group has decided to cooperate with Vietnam’s TWG for its first investment project in Vietnam. According to Le Cao Minh, CEO of TWG, the two sides would set up a 50/50 joint venture to develop a Japanese style housing project, covering an area of 9.7 hectares. FIA reported that the FDI into the real estate sector (housing, industrial … [Read more...] about Vietnam’s real estate market a gold mine for foreign investors
City publishes info on real estate investors’ mortgage loans
HCM City is publishing information on activities of several real estate investors that have applied for mortgage loans secured by their property and land-use rights. The An Phu Long Real Estate Company has applied for a mortgage loan for its D-Vela project in District 7 in HCM City. - Photo news.zing.vn The city said it wanted to provide customers with more information about what investors were doing with their properties. For instance, Hoang Phuc Real Estate Management Ltd applied for a mortgage loan for its The Western Capital project in District 6 with VPBank, while An Phu Long Real Estate Company applied for a mortgage loan for its D-Vela project in District 7 with the Joint-Stock Commercial Bank for Investment and Development of Vietnam. Several real estate experts noted that, as the property market in HCM City has become more active, it is normal to see many real estate companies applying for loans for projects and using their projects as their own security. However, … [Read more...] about City publishes info on real estate investors’ mortgage loans
Eight out of 10 signs of ‘real estate bubble’ visible: experts
VietNamNet Bridge - Experts have warned of a ‘real estate bubble’ as land prices have been escalating. / Has the 'real estate bubble' returned? Deputy director of the Central Institute of Economic Management (CIEM) Tran Kim Chung said at a recent workshop that he can see eight out of 10 signs of a real estate bubble. He said the number of transactions and newly kicked-off projects, the scale of projects, cash flow, and price levels in the real estate market all are on the rise, which shows high risks of a crisis. He said if the other two indexes – public investment and the capital for construction – also increase, this means the crisis of 2008-2009 could return. Also according to the expert, the real estate market develops in a 10-year cycle, with recovery, growth, recession and crisis in rotation. The real estate market was at the bottom of crisis in 2011-2013. It began recovering in 2014 and then bounced back in 2015-2017. The real estate … [Read more...] about Eight out of 10 signs of ‘real estate bubble’ visible: experts