Home   »   Property News   »   Domestic real estate to see ‘hot’ development
Domestic real estate to see ‘hot’ development

Marc Townsend, CBRE Viet Nam’s Managing Director told at the "Real Estate Conference 2016: New Hopes, New Challenges" held in Ha Noi yesterday that the country's real estate market had gradually recovered from the global financial crisis in 2008. He said that selling prices of high end apartments in Ha Noi and HCM City would see strong growth amid increasing land prices. He also added that the resort segment would be crowded as Viet Nam had emerged as one of the new destinations for resort development while industrial real estate was also expected to strongly develop when multinational groups expand their operations in Viet Nam to take advantage of the TPP.