In 2024, Vietnam will rank 2nd among the most sought-after emerging markets in terms of opportunistic investment strategies and added value in the real estate sector.
The results are from CBRE's latest survey on investor intentions and plans in the Asia-Pacific region this year. Specifically, according to a representative of CBRE Vietnam, compared to other countries in the region, Vietnam is attracting more attention from investors due to its stable macroeconomic foundation and low interest rates.
Mr. Nguyen Pham Anh Duy - Director of Investment Consulting Department of CBRE Vietnam said: "We see that they are very actively searching and increasing their presence in Vietnam. Vietnam has also had interest rate cuts in the past, which also makes our market more attractive."
Traditionally, investment flows into the region have come mainly from established Asian investors such as Japan, Singapore, Hong Kong (China) and South Korea. Funds from more developed markets in North America and Europe have not penetrated deeply, but with the instability in many parts of the world, investors are looking for new opportunities and are starting to actively consider assets in the Asia-Pacific region.
Mr. David Jackson - General Director, Avison Young Vietnam commented: "Asia - Pacific, including Vietnam, has great potential to attract investment compared to other regions in the world. The young population, economic growth and consumer tastes in this region show positive long-term prospects for capital flows seeking to move in a world affected by conflicts and economic disruptions".
In 2024, Vietnam will rank second among the most sought-after emerging markets in terms of opportunistic investment strategies and added value in the real estate sector. Illustrative photo.
The flow of investment capital into the Asia-Pacific real estate market, including Vietnam, foreign investors are paying attention to segments such as industrial real estate, offices and especially finding land to build houses. In the context of the real estate market facing many difficulties in recent years, investors are actively looking for discounted assets, or assets facing legal and capital difficulties.
A representative of Gamuda Malaysia Group said that although the Vietnamese real estate market is facing many challenges, it also has many opportunities. Therefore, this is a good time to continue increasing land funds to increase housing supply.
"A Malaysian group's FDI capital will continue to invest in the Vietnamese real estate market, focusing on promoting land fund development. This is demonstrated through our activities that we are still very active in working with local partners," said Ms. Khanh Nguyen - Deputy General Director of Gamuda Land Vietnam, Gamuda Malaysia Group.
According to CBRE representatives, in the first half of 2024, investors in most markets will continue to maintain a wait-and-see attitude, observing and learning about the market.
However, by the second half of 2024, commercial real estate project transactions will accelerate as the market is expecting interest rate cuts from central banks in the region.
According to VTV.vn
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