Residential Property Sector - 2024 Outlook

Research date: 20/03/2024
This is an abstract of the Research Reports. Please click 'View Online' or 'Download' to access the full report
In 2024, we expect Vietnam’s residential property sector to recover after experiencing its largest downturn over the last ten years, marked by subdued primary transactions and the surge in bond defaults in 2023. The recovery will be mainly driven by stronger homebuyer sentiment following multiple developments to support new project development and improve developers’ access to new funding. Debt servicing capacity will stabilize as cash flow improves but will remain weak due to high leverage.
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