Sunday, February 22, 2009

Real estate agents in Vietnam report first signs of recovery

The property market in Vietnam is showing signs of recovery with an increasing number of transactions recorded in Ho Chi Min City.

According to real estate property brokers in the city, the number of property-related transactions has increased sharply.

Lam Van Chuc, director of the Phuc Duc Real Estate Company, said the number of people that bought properties in the last few weeks tripled as compared with the figures from the same time last year.

Also Luong Tri Thin, director of the Dat Xanh Real Estate Construction Service Company, said that the company has received about 200 people each day who asked for information on land plots.

Vietnam Real Estate News

Chao Vietnam Properties