“Vietnam Real Estate after the pandemic”
As we are slowly emerging from the pandemic, the real estate landscape in Vietnam is also shifting. Demand for office and retail space was disrupted and the segment is still recovering. The rental market is experiencing great challenges with rental dropping and many landlords are putting their house on sales. This may present good opportunities in the resale market. Huge growth that we previously saw in co-working space and short rental is heavily impacted and so is hospitality as borders are closed. So far we have not seen significant price crash in residential properties.
In recent years, we started to see a wave of tech innovation in the real estate market. With a growing demand for data analytics for property transactions, development and valuation. This would help to digitalize and simplify the home financing experience and to give more financing options to customer. Despite this due to the nature of the market, we still face challenges such as a lack of financing support and legal worries for ownership, poor data reliability which together may hinder the growth of PropTech in Vietnam.
Tonight, we will sit down with our panelists to look into the emerging trends across commercial, residential and hospitality sectors, the opportunities as well as challenges for the industry’s adoption of PropTech solution post the pandemic.
Mrs Vy Vu, Managing Director, Son Kim Land
Mr Alex Crane, Managing Director, Cushman&Wakefield Vietnam
Mr Phillip An, CoFounder, Homebase
Moderator: Ms Ruby Nguyen, One Mount Group
Outreach partners: StartUp.vn, iDauTu.com, FinREI.com, KIE.IO
Media partner: Vietcetera