It has never been easier for property investors to get access to leading experts in Vietnam market.
With robust economic growth in the past several years, Vietnam is promising to become a latest real estate hotspot in Asia and now considered among the most preferred destinations for both local and international property buyers/ investors, especially from Hong Kong, Taiwan, South Korea or mainland China. In such a flourishing market, it seems quite difficult for those real estate investors to acquire trustworthy information as well as in-depth knowledge about the market. Thus, in order to take good investment orientation, an approach to the most prestigious specialists is seen to be the optimal way.
Where to reach top market think tanks?
In the context that home buyers/ investors are finding troubles to look for formal and professional news channels in Vietnam which could provide all essential information sources encompassing macro economic statistics, housing market figures, or pricing data, the “Property Insight” program was created to satisfy their vital demand.
Since broadcasting the first episode early this year, the program is appealing a soaring number of followers who are interested in business or real estate investment in Vietnam. The “Property Insight” marks the very first periodically comprehensive TV news channel where could gather top market think tanks at the same time to discuss diversified and intensive topics with ample content about Vietnam’s economy as well as the local property industry.
With in-depth knowledge and much experience on the macro economy as well as local property or financial sectors, they are renowned economists, leading real estate developers, professional market advisors or business leaders who have gathered to feature general economic overview, analyze statistics/data and forecast some market trends in the coming time.
Those speakers are top leaders such as Mr. Nguyen Xuan Thanh, Lecturer of Public Policy at Fulbright University Vietnam with academic background in banking, public investment, and infrastructure development, Mr. Andy Han Suk Jung, SonKim Land’s CEO having long-term experience on real estate development, or Ms. Duong Thuy Dung, Senior Director of Valuation, Research, and Consulting at CBRE Vietnam with abundant research knowledge about local property market, among many others.
Seeking in-depth knowledge for local property investment
With the diverse tank of experts in real estate, every aspect of the market is put into consideration in the program in order to provide the most in-depth knowledge for customers.
Under a leading property developer’s perspective, Mr. Andy supposed that US-China trade conflicts are really causing troubles for export companies, especially in the manufacturing sector. “However, the Vietnamese government really has a big opportunity this time to take advantage of and we can be benefited from the current situation, but we need to be ready on infrastructure, housing, airports and seaports,” he said in Episode 5 with the theme “Global economy and impacts on Vietnam”.
Vietnam with the current level of openness, especially in trade and investment, has also seen a declining growth. Nevertheless, that decline is not strong because there is a positive factor from the investment of private companies, the continued production, and business expansion of foreign enterprises, according to Mr. Thanh from Fulbright University Vietnam.
Mr. Nguyen Xuan Thanh sharing about positive changes in Vietnam property market
With lucrative FDI capital in recent years, Vietnam has become more attractive in the eyes of global investors which has been induced by favorable macroeconomic factors and the local real estate market with great prospects. Looking into all economic indicators, not only of Vietnam but of Ho Chi Minh City, SonKim Land’s CEO saw a positive economic picture.
“Some indicators are stronger than last year, some are unchanged,” he commented in the “Property Insight” – Episode 4 about the “Market beat in the first half of 2019”. “Somehow, these macro figures don’t have much impact on the property market because of market supply and demand issues. The quantity of supply decreases while the demand is still strong from domestic and foreign investors. Because of the slow approval process by the government leading to very little supply by developers, unfortunately not many people were able to buy.”
There’re two types of buyers, one from overseas and another, of course, domestic buyers. Current prices of $10,000-12,000 per sqm seem to be relatively cheap to foreign buyers from Shanghai, Hong Kong or Singapore, according to Mr. Kenneth Atkinson, Executive Chairman of Grant Thornton Vietnam. “People that are paying those prices for residential units, they’re purchasing to let or to speculate the investment. Besides, they will also focus on affordable and middle housing segments which obviously present a growing market, particularly the urbanization is going to continue its trend,” he shared his thoughts in Episode 4.
The “Property Insight” program – a leading economic, financial, and property news channel – has gathered leading economic experts, top business leaders, and senior executives from various business sectors to update market information and statistics about Vietnam’s economy as well as in-depth analysis on the local real estate trends. It can be said that those professionals’ reputation has been greatly contributing to spreading the program’s resounding success as well as having much influence on investors’ long-term business orientation and investment decisions.
Featured image: Mr. Andy Hand Suk Jung and Mrs. Duong Thuy Dung in Episode 4 – 1H Market Beat