Vietnam’s residential market remains upbeat, according to CBRE Vietnam’s latest market research.
Yesterday, Dot Property’s Vietnam Country Manager, Kristian Brennan, attended CBRE Vietnam’s event to gain perspective on the current residential market in the country, specifically condominiums in Ho Chi Minh City (HCMC) and Hanoi.
Brennan stated that, “The market is looking very strong at the moment, which is good news for everyone involved in property. From developers to all of the companies supplying and supporting the property industry, there is plenty of opportunity for everyone.”
The insights shared by CBRE Vietnam below, paints a clear picture supporting Brennan’s confidence in Vietnam’s market as it continues to grow and gain the attention of international investment.
Overall, the two large city markets in Vietnam focused on creating affordable housing for leasing purposes, however sales for high-end condos in HCMC were strong in Q3. Both cities continue to rally in foreign investments.
