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CEO of CBRE: Metroline will up land prices in HCMC by 20pct

According to Marc Townsend, CEO of CBRE Vietnam, as the first metroline in HCMC are being accelerated and expected to become operational in 2020, there will be big and interesting changes. About real estate sector in particular, he said the market will certainly witness even more outstanding changes. According to the company's experience in other countries, the metroline project will affect the most on real estate value: higher land prices, booms of property projects, retail and office projects being moved further away from the city's heart.