Ho Chi Minh City report: The opportunity lies in building homes
Vietnam is one of the fastest growing countries in Southeast Asia. The strong economic growth is a result of favourable demographics, continued urbanization, industrialization and higher employment in the services sector and a rising middle class.
China today has more billionaires than any other country, yet these plutocrats are not the ones leading their nation’s charge into Japanese real estate markets. More than half of the enquiries made by Chinese buyers were for properties selling for $500,000 or less.
"The Phuket hospitality market continues to be a focus of investors globally and we are anticipating very strong interest in this asset, particularly given the significant future development angle that it offers."
