Christopher Fossick, Jones Lang Lasalle’s Southeast Asian Managing Director, said Vietnam’s real estate market has many factors that are less transparent than other countries. However, these indexes have been improved consistently.
The improvement is shown through the amendment of regulations on land, investment formalities, site clearance, etc., which favour foreign investors. Jones Lang Lasalle released the real estate transparency index for the first time in 1999 after surveys of 56 markets in the world.
