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Friday, July 02, 2021, 08:00 GMT+7
Developer prestige is a critical factor for interested buyers, followed closely by location, liquidity, and lifestyle.
The recent formation of Thu Duc City under Ho Chi Minh City has sparked interest across all sectors, from economy and finance to culture and society.
As a result, the ‘new’ city has seen an influx of diverse investors, particularly from within the real estate segment.
Real estate: Vietnam’s most promising sector
Despite the ongoing effects of COVID-19, Q1/2021 saw the Vietnamese GDP increase to 4.48 percent, a growth rate of 3.68 percent compared to the same period last year.
Citing this increase, experts suggest the country’s real estate market remains the most stable investment channel, particularly for visionary developers who are quick to respond to buyers’ strict and evolving requirements.