Name: Đỗ Nguyễn Thu Huyền - 22DH711832

MOODLE 8

Vietnam Ranks As Second Most Preferred Emerging Real Estate

Market In Asia-Pacific: CBRE

CBRE's 2024 Asia-Pacific Investor Intentions Survey ranks Vietnam's real estate market as the second
most favored among emerging destinations in the region, trailing only behind India and ahead of
Thailand.
This is a good sign reflecting the positive potential of the Vietnamese economy and foreigners’ plan to
buy housing here, the real estate service company noted.

CBRE Vietnam said investment flows into the country so far mainly come from Asian investors like
Singapore, Japan, Hong Kong (China), and the Republic of Korea. The value of each transaction often
varies between $20-50 million.

Meanwhile, financial funds from more developed markets in North America and Europe have yet to
deeply penetrate the Vietnamese market.

A large number of individual investors have begun paying attention to local real estate, the firm went on,
citing data of the Ministry of Construction as showing that about 4 million people, including foreigners
and overseas Vietnamese, have demand for buying houses in Vietnam in the future.

Chief Executive Officer for Avison Young in Vietnam David Jackson held that the Asia-Pacific, including
Vietnam, boasts much potential for attracting more investment than other regions in the world. Such
factors as young population, economic growth, and consumption habits in the region indicate a positive
long-term prospect.

According to the Statista company, Vietnam’s real estate market is worth $4.41 trillion in 2024, while the
Thai market is valued at $2.51 trillion.

Most investors in Vietnam are interested in industrial and office property. The country’s strong and
export-focused economy has fueled trading activities, thus enhancing demand for efficient supply chain
and logistics management. Given this, investors are paying great attention to industrial real estate, CBRE
Vietnam pointed out.

Apart from commercial real estate, land for housing development continues to grab attention of outside
investors, it said, adding that many investors are seeking assets with decreased prices or those whose
owners are facing legal or capital problems.
This trend highlights the resilience and attractiveness of the housing segment in the country, CBRE
Vietnam said.

SUMMARIZE:

CBRE's 2024 Asia-Pacific Investor Intentions Survey ranks Vietnam's real estate market as the second
most favored among emerging destinations, following India and preceding Thailand. The positive outlook
reflects the Vietnamese economy's potential and foreign interest in housing investment. Current
investment largely comes from Asian countries, with transactions ranging between $20-50 million.
Notably, funds from more developed North American and European markets have yet to deeply penetrate
Vietnam. Individual investors, including foreigners and overseas Vietnamese, show increasing interest,
with approximately 4 million people expressing future housing buying demand. Vietnam's real estate
market is valued at $4.41 trillion in 2024, outpacing Thailand at $2.51 trillion. Investors are particularly
drawn to industrial and office properties, driven by the country's strong and export-focused economy,
boosting demand for efficient supply chain and logistics management. The housing development sector,
especially land with reduced prices or legal/capital issues, continues to attract attention, highlighting the
resilience and attractiveness of Vietnam's housing segment.