Dak Lak’s property market has bottomed out

The Dak Lak real estate market is projected to make a positive recovery by the end of this year, providing a perfect opportunity for investors to re-enter the market. However, cautious accumulation is recommended before any significant growth can be expected.

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“Dak Lak real estate market in the new period – Challenges and opportunities” is a seminar organized by the Dak Lak Province Real Estate Association this morning (20/4). This is the first time a specialized seminar has been held, after a period of stagnation in the real estate market in the province.

At the seminar, leading speakers and consultants in the real estate field shared necessary information with investors, and with the community about new development trends; Necessary identification of positive opportunities in the real estate industry as well as digital transformation in real estate … The seminar also mentioned preferential policies, support, investment invitation opportunities in the real estate market of Dak Lak province.

Experts share about challenges and opportunities in real estate market

Mr. Nguyen Van Ke, Chairman of Dak Lak Province Real Estate Association, commented that since the beginning of the year, the Dak Lak real estate market has passed the “bottom”. The end of this year will see a positive recovery, but it will take time to accumulate before a “hot” growth. This is also an appropriate time for investors to consider returning to the market.

“When the market picks up, it will create strong growth and this is a good time to welcome investment opportunities in the new cycle. The Dak Lak Real Estate Association will continue to cooperate with state agencies as well as with large investors, becoming a reliable partner to advise partners on housing needs in the locality, so that investors can launch products that meet the tastes of consumers”, said Mr. Ke.