According to experts, the Delta is becoming an increasingly promising destination for real estate investment, which is largely facilitated by improving transport infrastructure and growing tourist flows. According to Dang Hung Vo, former deputy minister of Natural Resources and Environment, favourable climatic and natural conditions are key factors making the housing market more attractive.
The region is rapidly developing. Construction of new expressways and bridges is planned, which will see an investment of over $818 million. The length of roads will increase to 760 km by 2030 and to 1,180 km another 20 years later. The transport interchange will allow the development of the tourism segment of the market.
Dang Hung Vo also notes that real estate projects related to the agricultural ecosystem and tourism will become more attractive to investors. The region has high potential for the export of agricultural goods and seafood. The availability of jobs increases interest in local real estate. The more actively the region develops, the more opportunities investors will have to implement projects in the housing sector.
Duong Quoc Thuy, chairman of the Can Tho City Real Estate Association, notes that there is enough vacant land for development in the region. Affordable prices and zero issues with the labour force make it an attractive destination for real estate investors.