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Update news vietnam estate
Foreign investment flows into Vietnam’s property sector through merger and acquisition transactions have been reported to be on a strong momentum, with outstanding deals made in 2018 and the first half of 2019.
Mr. Stephen Wyatt, Country Head of Jones Lang LaSalle (JLL) Vietnam, shares his thoughts on the real estate market this year and his expectations for 2016.
Vietnam’s deeper integration into ASEAN is bringing the country golden opportunities in the real estate sector.
The land rent in industrial zones (IZs) has been increasing, while offices and apartments are believed to escalate soon. The real estate has heated up on the good news about TPP and other free trade agreements (FTAs).
The residential index for the Hanoi market in the third quarter increased 0.03 points quarter-on-quarter (q-o-q) and 6 points year-on-year (y-o-y) to 108.3 points, according to a Savills Vietnam report released on November 13.