The global real estate market fluctuates in a complicated way, the volume of real estate transactions worldwide is estimated to reduce 15% in 2016 compared to 2015.
Vietnam is one of the most attractive destinations for retailers in Southeast Asia due to the booming economy. Demand for office will increase sharply as many foreign companies will come and set up offices in Vietnam in 2016.
Being an export-oriented economy, with export accounting significantly for 80% of nominal GDP, Vietnam is attracting a large and increasing amount of foreign investment. With the rising demand for land and industrial plants, this segment will continue to be an attractive investment channel. Statistics show that only 500 out of 90,000 foreigners are homeowners, therefore the demand in the rental apartments segment is relatively high.
The GDP growth over years, policies to attract investment, along with tourists are driving forces for the hotel market of Vietnam. The number of 5-star hotel still accounts for a large portion in the market, despite the increasing supply from 3-star hotels.
In 2017, domestic real estate was continuously grew subtantially with many launched projects recorded abundant supply which were brought to the market in parts: retails, apartment building, flat for rent, office for rent, empty rate as well as average price in these sectors had been improved during the year. Hotel market witnessed the increase in both supply and price thanks to the upturn in the number of tourist in 2017 compared to 2016. Industrial zone market is the mere sector that did not have growth in 2017 in both supply and price. With higher and higher demand, real estate inventory value in 2017 continued to decrease 17% compared to the end of 2016. Real estate market in the year experienced big M&A business transactions with total value up to 1.5 billion USD.
| Executive Summary
1. Business environment
1.1 Macroeconomic Situation
1.2 Legal framework
1.3 Impacts of Trade Agreements
2. World Real Estate Market
2.1 Real estate markets in some countries in the world
2.2 Real estate markets in some countries in the region
3. Vietnam Real Estate Market
3.1 Industry concepts and characteristics
3.2 The period of volatility of Vietnam Real Estate Market
3.3 Movement of the real estate market
3.3.1 Real estate for rent
3.3.2 Real estate for sale
3.4 Risks and Challenges
3.5 Housing development planning
3.6 Driving Forces
3.7 M&A Trend
4. Enterprise Analysis
List of infrastructure projects in the period 2010 – 2030
|Vingroup – Jsc.
FLC Group Jsc.
Kinh Bac City Development Corporation
Nova Real Estate Investment Corporation
Khang Dien House Trading and Investment JSC
Phat Dat Real Estate Development Joint Stock Company
Quoc Cuong Gia Lai Joint Stock Company
Green Land Real Estate Group
Binh Duong Business and Development Joint Stock Company (TDC)
AEON Group and AEON MALL Vietnam Co., Ltd
MEGA MARKET VIET NAM COMPANY LIMITED (formerly METRO Cash & Carry VIETNAM)
Vincom Retail Joint Stock Company
Vincom Plaza Shopping Center
Sai Gon Co.op. Investment and Development Joint Stock Company