Foreign real estate investors set to pounce

The State Bank of Vietnam's tightening of monetary policies will benefit powerful foreign real estate investors and hamper local firms, according to property market analysts.

SBV and Government efforts to curb inflation since February this year, have made it difficult for real estate developers to access credit, leading to a decline in property projects.

Lower-cost housing shows fastest growth

The HCM City Real Estate Association (HOREA) plans to give priority to the medium- and low-priced housing segment to meet increased demand during the 2010-15 period.