Many real estate segments attract foreign investors

DNVN - According to Mr. Nguyen Trong Toan - Investment Department, Savills Hanoi , Vietnam's real estate sector is still a notable destination for foreign investors in many locations and segments with good room for development.

Mr. Nguyen Trong Toan - Investment Department, Savills Hanoi commented that Vietnam shows stability not only in the political situation but also in the context of the macro and economic recovery strongly after the COVID-19 pandemic. Inflation remains low and the exchange rate is controlled more stably compared to other countries in the region.

This makes the Vietnamese real estate sector still a notable destination for foreign investors and real estate developers in locations and segments with good room for development. Each real estate segment currently has its own investment highlights to attract foreign investors.

Vietnam's real estate sector remains a destination for foreign investors.

“For example, in the residential real estate segment, foreign investors seek investment opportunities and tend to develop projects with their own brands. The advantages of foreign investors are in terms of brand, design ideas, construction standards and quality. Therefore, even the high-end segment is always positively received by the market,” said Mr. Toan.

In addition, the office real estate segment also received much attention. According to Savills' observations, the market witnessed increased demand from energy, manufacturing and consulting businesses, contributing to maintaining stable occupancy rates.

Particularly in big cities like Hanoi, Da Nang and Ho Chi Minh City, the office market trend opens up opportunities for foreign investors with the capacity to invest and position products that meet green standards. Particularly in the Hanoi market, foreign investors have begun to expand their investment scope in developing areas of the city instead of concentrating in central districts.

The entry of large investors in the retail sector has created an attractiveness for the real estate market. Large investors are actively seeking land funds to implement large-scale modern commercial real estate projects, focusing on the consumer experience.

The hotel market is on the path to recovery. According to Savills Vietnam Market Report, hotel occupancy and rental prices in Hanoi and Ho Chi Minh City have both recorded increases. Foreign investors are also more open and flexible with many forms of investment.

“Previously, foreign investors with abundant financial resources would prioritize investment options to gain control. Currently, they are more open to many different forms of investment, from financial investment, capital contribution, to business cooperation to exploit the maximum potential of the Vietnamese market.

In addition, many foreign investors, after a period of market research, also expand the scope of project locations. Especially, in researching investment opportunities in areas outside of major cities," said Mr. Toan.

Ha Anh

Source