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VietNam: Real estate market to warm up soon

Posted on 02 October 2008

From Vietnamnet.vn: The real estate market is expected to become warmer in the time to come as the market correction period has bottomed out, experts say. Richard Leech, Director of the Hanoi branch of CB Richard Ellis, a real estate service provider and consultant, believes that Vietnam’s real estate market has fallen to the deepest low and will bounce back soon.

“The real estate market has become attractive in the eyes of investors,” he said, adding that investors have come back to purchase. “I believe that the market will see the upturn in the fourth quarter of 2008, and you will see the market heat up further in 2009,” he said….. Full Article: Source


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