Sunday, December 30, 2007

Real estate projects enticing, but risky

HCM CITY — The local real estate market has become one of the hottest in Asia but the risks of investment remain high, foreign and domestic experts say.

Marc Townsend, managing director of CB Richard Ellis Viet Nam (CBRE), said the country was attracting more and more investors, particularly in Ha Noi and HCM City.

"These two markets have a dense population, higher incomes and rapid pace of urbanisation," he said.

Vietnam Real Estate News

Chao Vietnam Properties