The pattern of foreign property investment in Vietnam: the apartment market in Ho Chi Minh City

Item

Title
The pattern of foreign property investment in Vietnam: the apartment market in Ho Chi Minh City
Description
As globalization proceeds, transnational property development is increasing. Especially in emerging markets, foreign developers’ influence in changing the local landscape is becoming significant. In this research, the behavioral patterns of foreign developers in the apartment market of Ho Chi Minh City, Vietnam were identified. To understand the dynamics of foreign developers, the types of products that were being created, where the investments were located, and the differences in development strategies adopted by foreign developers in comparison to domestic counterparts were identified. To accomplish this, data on apartment projects and statistics were collected, and a series of spatial analyses including sieve mapping, histogram analysis, factor analysis and logistic regression was conducted. In addition, closer examination was made of specific cases to understand the dynamics among foreign and domestic developers, also allowing the identification of some regularities in the patterns of foreign developments. Besides presenting detailed results, this paper also seeks to account for the conditions that appear to have generated these patterns and characteristics.
Accepted Manuscript
Creator
Jung, Sanghoon
Huynh, Du
Rowe, Peter
Publisher
Elsevier
Date
2013-06-06T13:08:32Z
2013
2013-06-06T13:08:32Z
Type
Journal Article
Format
application/pdf
Identifier
Jung, Sanghoon, Du Huynh, and Peter G. Rowe. 2013. The pattern of foreign property investment in Vietnam: the apartment market in Ho Chi Minh City. Habitat International 39: 105-113.
0197-3975
http://nrs.harvard.edu/urn-3:HUL.InstRepos:10718414
10.1016/j.habitatint.2012.11.003
Language
en_US
Relation
doi:10.1016/j.habitatint.2012.11.003
Habitat International