Tài liệu Rediscovering vietnam’s real estate potential

REDISCOVERING VIETNAM’S REAL
ESTATE POTENTIAL


Presented by:
Marc Townsend – Managing Director


st
1 March, 2007
Renaissance Hotel, Kuala Lumpur, Malaysia

WHAT HAS BEEN DRIVING THE PROPERTY MARKET
SINCE 2003?


ãLimited capital markets


ãAn emerging condo market in Hanoi and HCMC


ã Conspicuous consumption


ãAbility to borrow from local banks at 10-11% per annum


ã Consistently rising GDP and FDI


ã China + 1, APRC, the Stock Market and entry to WTO has put Vietnam on the radar


screen, coupled with the ML report in Feb and the Euro Money Conference in Mar 2006


ã Saturation in other South East Asian markets


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CB Richard Ellis | Page 2