Quote:
Originally Posted by shctaw
Things can change in a instant.
I doubt chineses and Taiwanese will be buying so soon. Hence can still wait a while to enter.
Saw a small house recently. It cost Vnd1b or SGD60,700. It remind me of the 70s and 80s in Singapore where a terrace cost $27,000. And yet no one interested to buy, as people rather party in bar or play at bugis or Johor Road and waste all those hard earn money on hookers and ladyboys.
Right now the whole Vietnam is suffering for extreme deflation. Guess the properties prices may stay low for another 1-2 years.
|
I do agree that, in the mid 80s, there is a recession, Keat Hong Camp Semi D only cost 10K plus. No one wanted that area. Even Semi D in Hill View and chestnut drive area cost around 20K. That time My dad and my grandma was not clever enough, after getting the $ from government to move out kampong house, my dad bought a HDB while my grandma too bought a HDB. If they clever enough, I think they are filthy rich now. Sigh......