07 Aug '17, 5am

Singapore property moguls move in: The first half of 2017 has seen increased interest from…

Singapore property moguls move in: The first half of 2017 has seen increased interest from…

HCM CITY - The Vietnamese real estate market is poised for strong growth in the next 15 years, but the Government should prevent speculation to avoid a bubble and improve human resources and infrastructure to attract foreign developers as the country integrates, a foreign expert has said. Sigrid Zialcita, managing director of Cushman & Wakefield, Asia - Pacific, told yesterday's Property Report Congress Việt Nam 2016 in HCM City: "The Asia Pacific real estate market will grow the highest globally at 5.2 per cent this year. Việt Nam, Indonesia and the Philippines will lead ASEAN's growth." Foreign investors are looking at Việt Nam with interest as its exports [by foreign companies here] increase significantly and are looking for a place to produce to replace China and Singapore, where costs are too high, according to the expert. Recent improvements in infrastructure have ta...

Full article: https://www.talkvietnam.com/2017/08/singapore-property-mo...

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