The Vietnamese real estate market has high development potential thanks to positive economic prospects, a strong foreign direct investment flow and suitable monetary policies, according to a research of Savills Vietnam.

The firm predicted that supply is likely to rise in major cities to meet the market demand.

With a population of 94 million people, the third largest in ASEAN, but the lowest urbanization rate at about 36 percent, Vietnam’s real estate market has greater potential over regional countries, it noted.-VNA