Many asked Mr. Leech if he thought 2008 will be the year of banks and real estate, he says that 2008 will certainly be the year of banks, but not property.
2008, like 2007, will witness the groundbreakings of a series of major real estate projects, including Vincom City Tower 2, BIDV Tower, Crown Plaza, the Keangnam Hanoi Landmark Tower, The Landmark, CEO Tower, Indochina Plaza, and these are just those in Hanoi.
The projects will only be completed and become operational in two or three years, and the real estate market will see big changes by that time.
