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VietNamNet Bridge - More online real estate markets are now serving as an important transaction channel in Vietnam, where more than 60 percent of the population use the internet.
VietNamNet Bridge - FDI capital flow to the real estate sector soared to $5.5 billion in the first half of 2018.
VietNamNet Bridge - Can Gio district in HCMC and Nhon Trach in Dong Nai province have become new destinations for many investors, thanks to infrastructure development in the areas.
More foreign invested real estate projects have been registered recently, while more M&A deals in the sector have also been reported.
Since 2008, the number of foreigners working in Vietnam has increased steadily by 8 percent per annum. With that, the market of serviced apartments for lease in large cities has attracted many investors.
Foreign investors, mostly from Asia, continue making serious investments in Vietnam’s real estate sector.
VietNamNet Bridge - While some experts warn that a real estate bubble could occur in 2019, others believe there is no need to worry.
VietNamNet Bridge - Some experts have proposed allowing foreigners to buy condotels in Vietnam to attract the foreign cash flow.
VietNamNet Bridge - Experts have warned of a ‘real estate bubble’ as land prices have been escalating.
Land fever in Phu Quoc, Long An, Nhon Trach and HCM City, a lack of houses for low income earners, and an oversupply of high-end apartments are the main features of today’s real estate market.
VietNamNet Bridge - The proposed asset tax on properties worth VND700 million and more is expected to increase house prices, experts say.
Foreign capital flow into the real estate market has accelerated M&A deals, but analysts warn that bad debts for property loans are a hindrance in the M&A market.
Vietnam attracted $3 billion worth of foreign direct and portfolio investments to the real estate sector in 2017, a sharp increase of 80 percent over the year before.
VietNamNet Bridge - Vietnamese are buying more property in Australia to have homes for their children studying in Australia, or to settle down in the country through investment programs.
The eastern part of the city will still be hot in 2018, while infrastructure works in the western part will attract house and apartment buyers, analysts say.
2017 was a discouraging year for investors who poured money into condotels. However, analysts believe that once legal problems are settled, investment in this type of property will be increasing rapidly.
VietNamNet Bridge - Forecasts about the real estate market in 2018 are all inclined towards optimism.
While some analysts think that attracting too much FDI into real estate is a problem, others believe that the real estate market has benefited from FDI flow because it helps create infrastructure for economic development.
Next year is likely to be a fiercely competitive one for real-estate companies in HCM City since scores of new projects are set to hit the market, analysts said.
VietNamNet Bridge - The real estate market continues to be bustling, with a series of M&A deals in 2007 and to be made in 2018.