COLLIERS INTERNATIONAL VIETNAM
is for somewhere to live , or for a financial investment . “ There are lots of different ways for the investment to happen , but I would look at whether I am purchasing it just because I like the development and I ’ d like to have the credibility of living there , at the yield , and how much the rent and value would be .
“ Also how much investment needs doing , whether the project is sound or managed properly . A lot of people here buy newer projects , but I ’ m not necessarily convinced about paying a higher price because it ’ s new on the market . There are probably better deals to be looked at where you can understand how they ’ re structured when they ’ re a bit more mature .”
It ’ s also key to bear capital appreciation in mind - whether a property will gain or lose value in the future , something that he says Vietnamese buyers have a good understanding of .
The real estate of Vietnam Given the country ’ s population , Colliers ’ workforce is mostly young , which influences its approach to recruitment . “ We do a lot in terms of social media , our office looks young and funky , and people can see that it ’ s part of an international organization ,” he says . “ Additionally , a lot of staff work here by referral .”
In this region , the commercial real estate
46 July 2017