FIRB Q3 Quarterly Report
In this quarter, China is still the largest source of investment for approved residential real estate investment proposals by number and value ($0.7 billion), as it was in 2021-22 and 2020-21. The next two largest sources of residential investment were Hong Kong ($0.1 billion) and Vietnam ($0.1 billion).
Vietnam maintains its position in third place this quarter, despite some uncertainty within its borders. At KINX, we are still experiencing constant volume and demand from Vietnamese investors in many sectors. Vietnam's strategic geographic location and its participation in various regional trade agreements continue to provide a favourable backdrop for sustained economic growth. The government's commitment to infrastructural improvements and regulatory reforms further bolsters investor confidence. As a result, KINX remains committed to facilitating seamless investment experiences for our clients, leveraging our in-depth understanding of the Vietnamese market and our extensive network of partners.
In the coming months, we anticipate even more opportunities to emerge as Vietnam navigates its path forward. Our dedicated team at KINX is prepared to offer tailored solutions that cater to the evolving needs of our investors.
Table 4: Top 10 sources of investment by value of approved residential real estate proposals*