Chinese Love Vietnam Property for All the Wrong Reasons - Why Chinese love Vietnam property? The reasons behind not always right

vietbuild news

Junior Member
8/9/17
87
15
Trung Quốc thích bất động sản ở Việt Nam vì những lý do...rất sai:

The market for luxury apartments looks a lot like the mainland’s did 10 years ago. Investors lured by the familiar aspects should think again.

Back in 2006, apartments at riverfront locations in Shanghai’s Pudong district went for roughly $1,800 per square meter. In Ho Chi Minh city, you’re paying more for 20-year-old infrastructure. This market is getting too heated – and yet 80 percent of all buyers last year said they purchased for investment purposes. What gives?

Meanwhile, all of this is bad news for the Vietnamese. At this pace of foreign buying, Ho Chi Minh City is looking like it’s being colonized all over again.