Vietnam in top 10 countries on belt and road property investment
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Vietnam is among the top ten major makets that receive the most attention from Chinese belt and road property investors, according to a recent report.
On August 31, 2018, Uoolu, the leading platform for cross-border real estate transactions in China, released the “Uoolu 2018 Ten Countries on Belt and Road Property Investment Data Report.”
The “Belt and Road Initiative” was proposed by the Chinese government in 2013 in order to strengthen the relationship with surrounding Asian countries.
Since then, there has been frequent activity between China and other Asian countries in terms of property investment.
In the report, Uoolu selected eight countries in Southeast Asia including Vietnam and two countries in the Middle East along the Belt and Road based on the Cooperative Development Index to assess the investment risk in the Belt and Road Initiative region.
The ten countries were ranked by different criteria such as housing price growth rate and price-to-rent ratio. The data highlights the significant and accessible property markets of the region, as well as the demographics of Chinese investors.
The primary investors in overseas property are aged between 30 to 49 years old and are mostly from new industries.
Investors come from IT, and Internet business accounts for 31 percent of investors who are open to mobile technology and new services.
The new affluent generation has exhibited a short decision-making cycle. 43.56 percent of Chinese investors only take a week to decide on a property investment, and 67 percent invest between $70,000 to $150,000.
Questions & Answers
Q.Which specific criteria did Uoolu use to rank the ten countries for property investment?
Which specific criteria did Uoolu use to rank the ten countries for property investment?
Uoolu ranked the ten countries using different criteria, including housing price growth rate and price-to-rent ratio. These metrics helped assess investment risk within the Belt and Road Initiative region.
Q.What is the typical profile of Chinese investors looking at overseas property?
What is the typical profile of Chinese investors looking at overseas property?
Primary investors are typically aged between 30 and 49, often from new industries like IT and Internet businesses. They are open to mobile technology and new services, making quick investment decisions.
Q.What is the average investment amount for Chinese investors in these overseas properties?
What is the average investment amount for Chinese investors in these overseas properties?
Most Chinese investors, specifically 67 percent, invest between $70,000 and $150,000. They exhibit a short decision-making cycle, with 43.56 percent deciding within a week.
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