Ho Chi Minh City among investors’ 10 most preferred markets in Asia

Ho Chi Minh City is the fifth most preferred destination in the Asia-Pacific, according to a new survey by Coldwell Banker Richard Ellis (CBRE).

Ho Chi Minh City
Ho Chi Minh City

This is the first time a city in Vietnam has entered the top 10 preferred destinations in the Asia-Pacific. With the diversification of supply chains encouraging more manufacturing investment, industrial and logistics assets are keenly sought after, according to the survey.

CBRE’s Asia Pacific Investor Intentions Survey 2021 was conducted between November 9 and December 14 last year.

Ho Chi Minh City ranked after only Tokyo, Singapore, Seoul, and Shanghai in a poll of 492 Asia Pacific-based investors that answered a range of questions regarding their buying appetite and preferred strategies, sectors and markets for 2021.

According to Desmond Sim, Head of Research at CBRE Singapore and South East Asia, Ho Chi Minh City has already been on the radar of investors in recent years, especially those who are looking to invest in Southeast Asia, as the city is viewed as possessing the potential for greater appreciation in property values and higher yields.