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.
Vietnam’s real estate market in the final quarter of 2018 is likely to see the strongest growth of the year in housing transactions, even higher than that of the same period last year, according to Nguyen Van Dinh, Vice President of the Vietnam Association of Realtors (VARs).
Vietnam's real estate market is expected to continue recovery this year after gaining good business results last year, with the market reaping benefits from favourable macro conditions, experts said.
Housing transactions in Hanoi last year hit a record 21,100, surpassing the sector’s peak in 2009, according to property service provider CB Richard Ellis (CBRE) Vietnam .