Investment in real estate market still the choice of investors next year: expert
Hanoi (VNA) – With an average gross domestic product
(GDP) growth rate of 6-7 percent, Vietnam is being evaluated as an ideal
destination for investment, compared to other countries in the region, particularly
in the field of the real estate market.
According to experts from property consultant Savills
Vietnam, there are many investment opportunities for individual investors when
participating in this market in 2022.
A survey conducted by Savills Vietnam revealed that real
estate value has increased by 30-40 percent in most residential real estate
segments this year. In Vietnam, residential real estate still tends to increase
in many areas, especially big cities and provinces despite the complicated pandemic
situation.
Investors tend to expand their investment into land funds in
satellite cities around Hanoi, Da Nang, and Ho Chi Minh City and Nha Trang
cities. The large land fund is the factor that they are interested in with a view to
expanding the urban areas later, especially those along the long sea coast.
For foreign investors, with a population of 100 million, the
demand for housing in the country is very great, said Dr Su Ngoc Khuong, senior
director of Savills Vietnam. The average GDP growth of between 6 and 7 percent for
many years is also a good opportunity.
Despite difficulties in legal issues and land funds, Vietnam is
still considered a hot spot in the real estate market, he said.
Currently, the production, business and service sectors are facing difficulty due to the COVID-19 pandemic. Therefore, the cash flow will flow into the stock market.
However, not everyone knows how to invest in stocks, giving opportunity for the real estate sector, Khuong said, adding that it is not easy
to succeed in any investment.
According to the expert, investing
in the real estate and stock markets continues to be the choice of many
investors in the next two years because Vietnam and other countries in the world
are still struggling with pandemic control. But investors
should be careful when pouring capital into the real estate market.
The demand for housing in the real estate market is
unlikely to decrease due to a lack of supply in different segments. Thus, it
was necessary for investors to consider their business plan because the benefit
could not offset the interest rate if they borrow loans from the banks, he said./.