Investors should look at Sri Lanka, Cambodia and Vietnam to find their next pot of gold, say experts.
Amid the uncertainty of Brexit and the slowing real estate sector in Singapore, emerging markets like Cambodia, Sri Lanka and Vietnam are catching the attention of investors looking for more promising investment opportunities in South Asia and Southeast Asia.
Vietnam, for one, looks set to witness huge growth in its real estate sector as well as economy in 2017, analysts said.
According to the Urban Land Institute’s report on “Emerging Trends in Real Estate Asia Pacific 2017”, Ho Chi Minh City (HCMC) – the former Saigon – was ranked the second-most popular market in Asia for real estate investment, particularly residential apartments.
The report revealed that in all, 71.4 percent of institutional investors rate Vietnamese apartments a buy.
The nation’s economy is also growing fast.