Many investment opportunities in the Vietnam real estate market
Mr. Stephen Wyatt - Country Head of JLL Vietnam has recently had a press conference about the investment opportunities in the Vietnam real estate market. The property market witnessed a considerable improvement in 2015 when compared to the previous 3-4 years. Activity focused around the residential sector, with a considerable amount of development reported in both the major cities, Hanoi and HCMC, matched with a significant rise in demand. In addition, the office, retail and industrial sectors all reported an improved leasing momentum.
Vietnam Market Weekly Highlight W5 2016
Singaporeans real estate companies and investors have increasingly been showing interest in investing in vacation real estate projects in Vietnam. The prices of Vietnamese real estate in the mid- and high-end segments were lower than that in Singapore.
Vietnam Market Weekly Highlight W4 2016
Foreign investment in HCM City's industrial parks and export processing zones is expected to rise this year as Vietnam is scheduled to sign the TTP on February 4, according to the HCM City Industrial Parks and Export Processing Zones Authority (HEPZA)
2016 set to be another strong year for Vietnam housing market
Vietnam’s housing market is expected to enjoy another good year after record sales in 2015 aided by improved economic conditions and infrastructure and lower interest rates.
According to the industry’s estimates, apartment sales in Hanoi hit around 28,300 units in 2015, a 70 percent rise from the previous year. In Ho Chi Minh City, the estimated number ranged between 24,000 and 36,000, an increase ranging from 50 to 100 per cent depending on whose figures they are -- the city real estate association’s or property consultancy companies’.
In the HCMC primary market, apartment prices rose 6.1 percent year-on-year in the fourth quarter, while in Hanoi, they were up 7.4 percent, according to property consultancy Jones Lang LaSalle.
JLL Press Conference – Vietnam Property Market Overview 2015-2016
JLL Vietnam successfully organized a press conference in JLL office with 25 journalists and reporters in Ho Chi Minh City. In the event, Mr. Stephen Wyatt – Country Head of JLL Vietnam, presented the HCMC Property Market overview Q4/2015 and the outlook for 2016. “The property market of Ho Chi Minh City will see another 25,000 apartments offered for sale this year with 30% of them in the high-end segment” said Mr. Stephen Wyatt.
Vietnam Market Weekly Highlight W3 2016
Vietnam's real estate market is expected to continue recovery this year after gaining good business results last year, with the market reaping benefits from favorable macro condition.
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Vietnamese Real Estate Market Overview and Tax Considerations
In collaboration with PwC Vietnam and Jones Lang LaSalle, we cordially invite you to attend a seminar where industry experts will provide an in-depth market update and overview of the tax and regulatory environment for real estate investments in Vietnam.
Tuesday, 26 Jan 2016 | 9.00 - 10.45 AM | Level 7, PWC Building
Please click here for more detail
Vietnam Market Weekly Highlight W2 2016
Foreign capital flowing into Vietnam reached a record high last year, promising more economic growth but more competition for domestic companies.
Vietnam Property Market Brief Q4 2015
Vietnam’s GDP growth was 7.0% in 4Q15, quickening from a revised 6.9% in 3Q15, and in 2015, Vietnam recorded a GDP growth rate of 6.9%, surpassing the government‘s 6.2% target set early 2015. Growth will be very important for the Vietnamese economy in the coming years in the context of falling world oil prices and instability in the international financial markets. In the national economic overview, the agro-forestry and fisheries sectors rose 2.4%, the construction and industry sectors rose 9.6%, and the services sector rose 6.3%. The fastest growth rate in last five years was helped by an expanding industrial sector and record foreign direct investment.
Vietnam Market Weekly Highlight W1 2016
Foreign direct investment in the local real estate sector is expected to rise in 2016 given the positive property development outlook.
Amazing achievements in 2015 and expectations for 2016 - Message from Head of JLL Vietnam
It has been a fantastic year of JLL Vietnam in 2015. All departments from PAM, Valuation & Market Research, Commercial Leasing, IFM, and Capital Market have strong and significant records this year. We also expect a stronger performance next year as JLL will celebrate a 10-year anniversary in Vietnam.
JLL hosted a webinar meeting for foreign investors all around the world
Mr. Stephen Wyatt – Country Head of Jones Lang LaSalle (JLL) Vietnam, shared his thoughts on Vietnamese economy, Real estate market, and talked about process for foreign investors to buy properties in Vietnam.
Please click here to listen to the meeting
Check out properties in Cambodia and Vietnam
Sales and pricing have been picking up steadily since the market bottomed out in the fourth quarter of 2013.
But prices remain affordable, says Mr Wyatt. A typical 70 sq m two-bedroom home within a 10- to 15-minute drive to the central business district in Ho Chi Minh City is about US$1,600 (S$2,250) to US$2,000 per sq m, which amounts to US$112,000 to US$140,000.
"When compared with other major cities within the region, we believe there is considerable upside," he says, adding that investors enjoy returns of 6 to 7 per cent on residential property and 9 to 11 per cent on commercial real estate.
But this depends on the property's location, age and quality of building and covenant strength of tenants.
Confidence returns to real estate
Mr. Stephen Wyatt, Country Head of Jones Lang LaSalle (JLL) Vietnam, shares his thoughts on the real estate market this year and his expectations for 2016.
The Four Giants of Southeast Asia
The growing urbanisation rates are shaping the economies of Indonesia, the Philippines, Thailand and Vietnam. Read the latest Real Views article and infographic to find out more about its effects on economic growth, infrastructure, business conditions and connectivity within these markets
Story on real estate investments in emerging markets, with a focus on Vietnam
JLL Vietnam sees great potential in the long-term economic development of Vietnam´s real estate sector, as the market becomes more mature and evolves from a frontier market into an emerging market the legal and bureaucratic framework will improve which will lead to considerable upside in real estate.
TNR Tower – Grade A office building for lease
TNR Tower is new Grade A office building completed by end of 2015. Located in the Mid-Town area of Hanoi, TNR Tower provides the international standard working space to office occupier at competitive rental rate. The achievable rental* for early bird deals is estimated at US$25/sqm/month, all incl.
How Will Vietnam Real Estate Benefit From The Trans-Pacific Partnership Deal?
"We anticipate that Vietnam will establish itself as a manufacturing destination, due to relatively low labor costs and high levels of productivity, this will undoubtedly entice more and more companies to set up new businesses in Vietnam, potentially from the likes of China", says Stephen Wyatt, Country Head of JLL Vietnam.
Alastair Hughes: Southeast Asia -- a hidden gem for property investment?
Conversations among real estate investors in recent weeks have mostly focused on Japan's low interest rates, the potential opportunities to be had from China's economic slowdown, and the safe-haven nature of the property markets in Australia. Few talk about opportunities in Southeast Asia -- but this could soon change.
Vietnam: From Asian backwater to investment hotspot
Just five years ago, investing in Vietnam could be a bit of a gamble.
But today global brands from Louis Vuitton to Starbucks and Asian brands such as Japanese retailer AEON are rapidly expanding in the communist country as they vie for a piece of increasing numbers of foreign visitors and a growing middle class.
It’s a marketplace which is set to develop further after the government relaxed rules on investment by foreign firms, foreign buyers and Vietnamese living overseas – the Viet Kieu.
Parkland Green - Residential Development Site for Sale
Parkland Green is located in District 9, an established residential enclave in Ho Chi Minh City (“HCMC”), situated on the boundary with District 2 which is widely recognized as the most affluent residential district within the city.
Vietnam Property Market Brief Q3 2015
JLL Vietnam Property Market Brief is a quarterly publication providing market updates for different real estate sectors in different cities in Vietnam. It is part of the comprehensive research package from JLL Research that covers Vietnam, along with other major countries in Asia Pacific.
Discover the sciences of productive real estate
See your company through a different lens. Find out how an integrated approach to data and analytics can transform productivity.
Real insights from Real Views
Get a fresh perspective on how real estate is impacting the wider world from Real Views by JLL. Real Views keeps you up-to-date with all the latest global trends and hot topics in the world of real estate.
An exclusive look at the World Economic Forum’s Annual Meeting of the New Champions 2015, taking place in Dalian, China, with perspectives from JLL’s delegates at the Meeting.
The Emerging Powerhouse of South East Asia
The numerous growth factors that shape the property markets across South East Asia make ASEAN a desirable destination for real estate investors, despite challenges in the region.
Download the latest research paper, ’The Emerging Powerhouse of South East Asia: What Does It Mean for Real Estate Investors?’
World's Most Ethical 2015
For the eighth consecutive year, the Ethisphere Institute named JLL one of the World’s Most Ethical companies, an accomplishment no other real estate firm has achieved.
Is your capital planning process constraining company growth?
Whatever its form—planning for the latest technology, a new manufacturing facility or new offices—capital investment enables growth. However, the average company misses capital plan targets for real estate by 12% each year. Does your capital planning process support growth?
Cities Research Center
Our Cities Research Center, underpinned by 10 years of pioneering city research, brings together our firm-wide resources and expertise on cities around the world to help you identify new opportunities and to navigate through the New World of Cities.
JLL attends World Economic Forum in East Asia
Experts gather in Jakarta and share live insight related to the theme, "Anchoring Trust in East Asia’s New Regionalism."
2015 Most Admired Company
FORTUNE magazine recognized JLL’s global competitiveness, superior client-focused workforce and financial soundness on its Most Admired Companies list.
Real Estate Investment: Momentum builds
GLOBAL MARKET PERSPECTIVE: Transaction volumes up 10% year-on-year as investors continue to move up the risk curve, targeting secondary cities in the United States and Europe.
Global Retail Banking 2020: issues and opportunities for real estate
CEO Colin Dyer is one of LinkedIn’s “People to Follow”
See his post on “Making the Workplace Work for Multiple Generations” and follow his on-going discussions.