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Vietnam finding favor among foreign real estate

by VTV409 August 2019 Last updated at 08:59 AM

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VTV.vn - Vietnam's laws indicate that foreigners should not own more than 30% of total apartments in a building.

Suprisingly, recent statistics by Realtorvietnam show that some apartment projects in Hanoi have reached their maximum capacity of foreign owners, while many real estate brokers and investors are also foreigners. It shows the attractiveness of the Vietnamese real estate market.

It's much lower than that of Bangkok (at $4.900) and Singapore (at $16.000), and is believed to be the main driver for foreign investors.