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Real Estate Information Assistant
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Updates on Current Affairs
Vietnam’s residential property market has captured the attention of High-Net-Worth Individuals (HNWIs) and investors, driven by strong GDP growth, urbanisation, and its strategic role in the “China+1” strategy, according to Knight Frank’s report.
Vietnam’s real estate market among most promising in Asia-Pacific: Knight Frank
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In the first quarter of 2024, Vietnam's real estate market saw significant price increases, with Hanoi and Ho Chi Minh City experiencing rises of 5 15%. Key projects like Geleximco Le Trong Tan (priced at 100 125 million VND/m2), Nam Trung Yen Urban Area (up 5.7% to 366.
Vietnam Real Estate Market Sees Price Surge and High Absorption in Q1 2024
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The real estate market in Phu Quoc is experiencing a new wave of investment, with projects like Meyhomes Capital Phu Quoc leading the charge. As Vietnam's first island city, Phu Quoc is transforming from a mere tourist destination to a place for living and working.
Phu Quoc real estate market welcomes new investment wave
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Lotte's success in Vietnam's real estate market is a case study in strategic investment. Starting with fast food (Lotteria) and retail (Lotte Mart), Lotte accumulated capital to enter real estate, acquiring properties like Legend Hotel Saigon and developing the Lotte Center Hanoi.
Lotte's Success Story in Vietnamese Real Estate
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Housing demand in Vietnam is expected to continue rising over the next decade due to rapid urbanization. The urban population is projected to increase from 40% to 45% by 2030, requiring an additional 70 million square meters of urban housing annually.
Housing demand continues to rise in the next decade
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