Property Devt & Invt: Stay tuned for re-ratings in 2021F – Update
Sector note 26/01/2021 587
- In 4Q20, residential market saw a significant recovery in new supply and transaction volumes in both Ho Chi Minh City (HCMC) and Hanoi.
- We expect the residential market to recover in 2021F, given a broadbased recovery of the economy and loosening of regulatory bottlenecks.
- Our top picks are VHM, NLG and KDH.
Please follow this link for the full report