Vietnam’s Second Home Market: Surviving the Tsunami<br />
Presented by: Marc Townsend Managing Director<br />
<br />
21 September 2010<br />
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The Headlines<br />
From the News…<br />
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“Danang: Nearly US$3 billion invest in 55 Tourism Development Projects”<br />
Cong An Nhan Dan, Monday, 20 September, 2010, Issue 1881, Page 7.<br />
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“14,500 High Class Apartments to be Launched in Danang”<br />
Phap Luat TPHCM, Friday, 10 September, 2010, Issue 2571, Page 11.<br />
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Client Logo Goes Here<br />
CB Richard Ellis | Page 2<br />
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Villa Projects Launched (2006 – 2010)<br />
Number of villas launched<br />
<br />
SUPPLY<br />
<br />
3000 2500 2000 1500 1000 500 0<br />
2006<br />
North<br />
<br />
2007<br />
<br />
2008<br />
Centre<br />
<br />
2009<br />
South<br />
<br />
2010<br />
<br />
In the North: the first vacation villa project launched in 2009 In the Centre: the first vacation villa project launched in 2006 In the South: the first vacation villa project launched in 2005 Source: CBRE<br />
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Client Logo Goes Here<br />
CB Richard Ellis | Page 3<br />
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Condo Projects Launched (2006 – 2010)<br />
Number condos launched Number of of villa launched<br />
<br />
SUPPLY<br />
<br />
3000 2500 2000 1500 1000 500 0<br />
2006<br />
North<br />
<br />
2007<br />
<br />
2008<br />
Centre<br />
<br />
2009<br />
South<br />
<br />
2010<br />
<br />
In the North: the first vacation condo project launched in 2008 In the Centre: the first vacation villa project launched in 2006 In the South: the first vacation villa project launched in 2006 Source: CBRE<br />
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Client Logo Goes Here<br />
CB Richard Ellis | Page 4<br />
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Condo & Villa Supply by Quarter 3/2010<br />
<br />
SUPPLY<br />
<br />
2,983 North 986 1,374 Centre 961 396<br />
Condo & villa supply till Q3/2010 (units)<br />
Source: CBRE<br />
Client Logo Goes Here<br />
CB Richard Ellis | Page 5<br />
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5,207<br />
<br />
South<br />
<br />