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From 2017 looks toward future

According to Duong Thuy Dung, Head of Market Research & Development Consultancy at CBRE Vietnam, the year 2017 has conclude with different forecasts about market movements in upcoming years. Property project developers, home-buyers and hirers urgently pursue final opportunities before the market reverses its direction. Foreign investors continue to arrive to Vietnam seeking opportunities as other neighboring markets are becoming less and less attractive. Housing for sale market will continue to be center of the real estate market picture in 2018, especially when there is more and more affordable supply launched for sale. However, housing for sale may be not the main target of M&A transactions in 2018, as it is hard to persuade project investors to sell projects that are being developed.