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Interesting forecast on real estate market at year- end 2014

Reviewing the real estate market in first six months, Marc Townsend, CEO of the property consulting firm CBRE Vietnam, said that there are more good news than bad ones, like increasing foreign direct investment (FDI) capital, the recovery of stock market, more international tourists visiting Vietnam, etc. From these positive macro-economic changes, he gave out positive forecast on the market in the latter half this year. In details, low-cost apartment segment will continue to be in fever while mid-end and high-class segments will have more buyers, especially when customers who buy apartment for hire will return to the luxury segment. In office for lease market, there will be very few new customers, while the retail market will have more sources of supply together with the return of market confidence.

 

Source : Cafef