Experts stressed that the stable economic growth witnessed during the 2024–2025 period will provide a robust platform for real estate development. They pointed out factors such as controlled inflation, low interest rates, and eased exchange rate pressures have boosted purchasing power and uplifted investment confidence among businesses and individuals.
Supported by a new legal framework, the government's decisive intervention, and favourable economic and financial climate, 2024 set the stage for a pivotal recovery phase in 2025. This recovery is expected to drive robust growth in the coming years, they said.
A surge in foreign direct investment (FDI) observed in 2024 is another positive sign for the real estate market. With 3.72 billion USD in newly-registered FDI, this sector emerged as a key player, ranking second only to manufacturing and processing. The figure represented 18.8% of the total new FDI inflows, signaling strong international interest./.