HCM City has slipped one spot to the third place in the Asia Pacific in terms of real-estate development prospects next year, an annual report by the US-based Urban Land Institute and financial consultancy PricewaterhouseCoopers LLP (PwC) says.
It follows only Shanghai in China and Mumbai in India in the recently published “Emerging Trends in Real Estate® Asia Pacific 2010″ report which surveyed 20 cities.
In 2009 it was ranked behind another Indian city, Bangalore, but before Mumbai.
Next year HCM City is viewed as having the second highest potential in two of five development categories, retail and hotel.
More : vietnamnews.vnagency.com.vn
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