Overseas Property FB Live - Hanoi Vietnam

Co-organized by The Standard and Sing Tao The Standard Overseas Property Online, the Overseas Property Facebook Live gathers insights from industry professionals and introduces outstanding property projects from top markets around the world.

In the latest episode of Overseas Property FB live held on March 31, Luffy Chiu, the founder of VHome Property, shared his intriguing story regarding Vietnam and his views on the country’s economic outlook and investment prospects.

Unaware of Vietnam’s investment opportunities in the past, Luffy was previously a successful iBanker in Hong Kong. He shares with the audience that a trip of his to Vietnam in 2013 has changed his life.

On this first trip to Vietnam, he was in awe of the country’s rich culture and breath-taking views, and also saw the boundless investment opportunities. “There was not even a single convenience store, property agency, or dim sum restaurant in the country,” he recalls. “I could see enormous opportunities everywhere, prompting me to quit my job and begin selling egg waffles in Vietnam.”

Subsequently he sustained an injury that forced him to terminate his business only to discover the mushrooming property investment opportunities in Vietnam. In 2017, he launched VHome Property, the very first HK-owned retail agency located in both Hong Kong and Vietnam.

VHome Property offers a one-stop solution for overseas investments in Vietnam’s residential market, from sourcing, contract negotiations, money transfer, interior design to rental arrangements, and more.

Luffy points out that Vietnam has become a popular hotspot for property investment. First, under the intensifying Sino-US trade dispute, many manufacturers have relocated to Vietnam to escape the increased tariffs, and foreign direct investments (FDI) in Vietnam have skyrocketed.

According to the International Monetary Fund (IMF)’s report released in October 2020, Vietnam’s estimated GDP of $340.6 billion could exceed that of Singapore by nearly 1 percent for the first time, ranking Vietnam the fourth largest economy in Southeast Asia. It is one of a few economic out-performers amidst the current global recession due to COVID-19.

Luffy recommends Hanoi as the top choice for investment. “There is a surging demand for quality housing in the capital city because of a young and dynamic population with a rising middle class, as well as wealthy, influential families and expats,” he notes. “You only have to look at the traffic. In 2013, most families only owned motorbikes, now they drive around in cars.”

Luffy recommends two residential projects in Hanoi: D CAPITALE and MASTERI WATERFRONT, both boasting excellent locale, quality services and premium facilities, and available in studio, 1 to 3-bedroom units and villas. The latter, for example, is strategically located at the heart of Ocean Park - a mega master-planned township.

Both projects are developed by Vingroup, the biggest developer in the country, with business spanning multiple sectors, including a collaboration with BWM to launch its first Vietnamese car brand to hit global markets.

To know more, stay tuned to VHome Property’s weekly Facebook live every Wednesday, and seminars held in its office each week, or schedule an appointment with their property consultants.

VHome Overseas Property Seminar

Date: April 4 (Sunday)

Time: 1:30 & 4:00 pm

Venue: Sapphire Room, Level 2, Royal Park Hotel, Sha Tin

Register: https://bit.ly/2NZM1NE

VHome Property

Tel: 5401 5731

www.vhomeproperty.com