- Why Overseas Investors Are Moving Into Vietnam’s Luxury Apartment Market

That’s because high-end apartments in the Vietnamese city reached a new average price high of US$5,320 per sq.m. in Q3 2019, an increase of 64.9% year-on-year, according to JLL. Large overseas investors are shifting capital into the luxury residence market through partnerships with local developers like SonKim Land to capitalise on the country’s robust real estate conditions and its strong economy.