According to the Vietnamese Association of Real Estate Brokers (VARS), the country's housing market still faces numerous problems, but there are also opportunities for investors. Industrial and residential real estate stands out in terms of prospects.
Well-known corporations such as Kusto Home (Singapore), Gamuda Land (Malaysia), CapitaLand (Singapore), Keppel Land (Singapore), Tokyu Corporation (Japan), Lotte Land (UK) and Central Trading & Development Group (Taiwan) have already invested billions of dollars in residential, urban and industrial projects all over Vietnam.
Today, the profitability of residential real estate is 8-10% per year.
The Housing Law of 2024, which can provide foreigners with an additional 50 years of real estate ownership, will contribute to the growth of the market, especially in the premium segment.Vietnam is expected to attract billions of dollars from buyers from Singapore, Hong Kong and Taiwan (China), who remain optimistic about the prospects for this direction.
Source: Vietnam Plus
