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Vietnam is becoming an attractive and fast-growing market for the luxury real estate sector, as explained in a Savills report on Hanoi and Ho Chi Minh City.
As a reminder, Savills is one of the leading property consultancies founded in England in 1855. For over 160 years, Savills has been providing exceptional property, service and expert advice.
Savills’ latest 2021 report proves that Vietnam is one of the ten fastest growing luxury property markets in the world. Since 2017, it is estimated that supply in this sector has been steadily increasing and has climbed by 11%. Vietnam has 24 real estate projects and more than 2,200 flats, located especially towards coastal resorts.
“Ho Chi Minh City has just become one of the five most attractive property investment locations in the Asia-Pacific region,” confirms Matthews Powell, Savills’ director in Hanoi.
Vietnam could in the long term compete with leading luxury property markets such as New York, Dubai and many others.
One point not to be overlooked is that attractive interest rates are driving wealthy Vietnamese to invest in property. It is estimated that 65% of people would buy for long-term investments.
Vietnam came third in the number of luxury real estate projects, with Thailand taking the winning spot with 30 projects against Vietnam’s 24.
Read also > SYDNEY TAKES TOP SPOT IN LUXURY REAL ESTATE MARKET
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Vietnam is becoming an attractive and fast-growing market for the luxury real estate sector, as explained in a Savills report on Hanoi and Ho Chi Minh City.
As a reminder, Savills is one of the leading property consultancies founded in England in 1855. For over 160 years, Savills has been providing exceptional property, service and expert advice.
Savills’ latest 2021 report proves that Vietnam is one of the ten fastest growing luxury property markets in the world. Since 2017, it is estimated that supply in this sector has been steadily increasing and has climbed by 11%. Vietnam has 24 real estate projects and more than 2,200 flats, located especially towards coastal resorts.
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Vietnam is becoming an attractive and fast-growing market for the luxury real estate sector, as explained in a Savills report on Hanoi and Ho Chi Minh City.
As a reminder, Savills is one of the leading property consultancies founded in England in 1855. For over 160 years, Savills has been providing exceptional property, service and expert advice.
Savills’ latest 2021 report proves that Vietnam is one of the ten fastest growing luxury property markets in the world. Since 2017, it is estimated that supply in this sector has been steadily increasing and has climbed by 11%. Vietnam has 24 real estate projects and more than 2,200 flats, located especially towards coastal resorts.
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