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Savills Asia Pacific Editions showcases the best new residential developments for sale across Asia Pacific. From luxury coastal resorts, ski homes to bustling urban cities, we've got you covered.
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Buyers Guide
Grand Marina Saigon
Ho Chi Minh
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Nobu Residences
Da Nang
Wieland & Lorem
Delhi, India
Lansdowne Place
New Delhi, India
Savyavasa
Dharmawangsa, South Jakarta
W Residences Marina View
22 Marina View
The Robertson Opus
11 Unity Street
Upperhouse
22 Orchard Boulevard
Eaton Residences
Jalan Kia Peng
Orion Residence
1, Jalan Gading
Odin Hills
Yamada, Hokkaido 044-0082
Hinode Hills
13 3 Higashiyama
Southpoint
60 Matthieson Street
Irving Domain
21 - 23 Irving Avenue
The Beachfront
84-85 Pacific Boulevard
Anchorage, Sandstone Point
Sandstone Point Marina
Sudara
Soi Cherngtalay 14
Ayana Soluna Villas
MANIK, Phuket
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No. 2 Ton Duc Thang Street, Ben Nge Ward, District 1, Ho Chi Minh City
USD $1,000,000 - $3,300,000
24-Hour Concierge & Security
Ultra-Luxurious Services
Grand Marina Saigon, the world’s largest Marriott-branded apartment complex in Vietnam, is an architectural icon developed by Masterise Homes in collaboration with Marriott International. This prestigious development sets a new benchmark for ultra-luxury living, aligning with the highest global standards of branded residences. Owning a residence at Grand Marina Saigon is not just about having a home; it’s about becoming part of a distinguished community that values quality, heritage, and long-term investment. With its world-class design and prestigious branding, this property offers a legacy—one that reflects a commitment to excellence and a refined way of living.
Prime Locations
60 Matthieson Street, Highett, Vic 3190
AUD $510,000 - $1,850,000
Open Plan Layouts
World-Class Amenities
Southpoint offers comfort, style, and convenience to the best of Melbourne, neighbourging local shopping mall Westdield Southland, and Southland station, parks, and beaches. Designed by Rothelowman, the 12-level tower boasts 360-degree views, shared dining and wellbeing spaces, and a rooftop plunge pool. A second, boutique-style building provides an exclusive, low-rise living experience in this future landmark of contemporary living.
Sandringham Beach: 5 minute drive
Royal Melbourne Golf Club: 10 minute drive
Monash University: 15 minute drive
Michael Lang State Director - VIC Residential Projects
Epic Panoramic Views
Enquire
21 - 23 Irving Avenue, Box Hill, Vic 3128
AUD $495,000 - $2,000,000
Irving Domain offers 1, 2, and 3-bedroom residences blending modern living with park-side tranquillity in Box Hill. Designed by DKO, homes feature spacious layouts, oak flooring, and stone benchtops. A shared rooftop retreat provides dining and scenic views. With construction advancing for Q3 completion, this is the last chance for stamp duty savings!
A well-connected transit network: 200m walk
Melbourne CBD: 25 minute drive.
Box Hill Central: 3 minute drive.
Central Locations
The Beachfront, Buddina
84-85 Pacific Boulevard, Buddina
Exclusive residentss
Nestled in beautiful Buddina, these architecturally designed residences offer unrivaled beach frontage, the closest of any on the coastline from Brisbane to Noosa. With breathtaking ocean and hinterland views that will never be built out, this exclusive development blends luxury with nature. Residents enjoy premium finishes, abundant light, and access to a private pool, café, and corner store.
Buddina Beach: 0km (walking distance).
Jo Prince-Gillies State Director - QLD Residential Projects
Beach-Front Properties
AUD $1,400,000 - $8,200,000
Kawana Surf Club: 2 minute drive.
Kawana Shopping World: 5 minute drive.
Sandstone Point Hotel & Beach: 2 minute drive. A scenic drive west takes you to the iconic Glasshouse Mountains, perfect for hiking, sightseeing, and exploring Queensland’s natural beauty.
Glasshouse Mountains: 30 minute drive.
Sandstone Point Marina, 13-19 Spinnaker Drive, Sandstone Point, QLD.
AUD $850,000 - $2,900,000
Architectural Design
Anchorage Sandstone Point sets a new standard in waterfront living at the gateway to Bribie Island and Moreton Bay. Just 40 minutes from Brisbane, this exclusive Ignite Projects development offers modern 2, 3, and 4-bedroom apartments with stunning marina and Glasshouse Mountains views. Enjoy resort-style amenities, a vibrant waterfront precinct, and an unbeatable coastal lifestyle.
Sandstone Point Marina: 0km (walking distance).
Waterfront Views
More Photos
Prices from JPY 103,500,000
Odin Hills provides a canvas for land owners to create the homes of their dreams. Either a custom built home or predesighned. Whether a personal private retreat away from the daily stresses of work, an adventure seeker’s playful den of outdoor toys, or a warm gathering place for extended families, this is a rare opportunity to create a home for generations to enjoy in a place of inspiring beauty.
Name Designation
Da Nang, Central Vietnam
USD $200,000 – $2,700,000
Outstanding Amenities
Nobu Da Nang offers an extraordinary retreat with breathtaking panoramic views of Da Nang’s stunning coastline. Perched along the city’s most beautiful beach, this luxurious property provides guests with an unparalleled experience of elegance and tranquility. The highlight is its exclusive rooftop bar, the highest beach-view spot in Da Nang, where you can sip cocktails while gazing at the serene ocean and vibrant cityscape below. With modern rooms, world-class Nobu cuisine, and personalized service, Nobu Da Nang delivers an unforgettable blend of sophistication and local charm, making it the perfect haven for those seeking relaxation and luxury by the sea.
26, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
RM 1,900,000 - 6,000,000
Eaton Residences, a true gem in the heart of Kuala Lumpur, provides residents with the perfect fusion of cosmopolitan energy and tranquil living. Nestled within the prestigious embassy district, this upscale community not only offers the convenience of modern city living but also envelops its residents in an atmosphere of pure opulence. The surroundings are imbued with a sense of exclusivity, where grand embassies and lush green spaces create a sophisticated backdrop for this exceptional address. From its stylish design to its unrivaled amenities, Eaton Residences sets a new standard for sophisticated urban living, redefining what it means to call this vibrant city “home.”
Sanjay Anantharajah Assistant Vice President International Residential Sales
Orion Residence, KLCC
1, Jalan Gading, Bukit Bintang, KL City Centre, 55100 WP.
RM 1,679,200 - 4,240,600
A freehold development located in the heart of Bukit Bintang, Kuala Lumpur. Featuring 298 meticulously designed units, ranging from compact studios to expansive penthouses , it caters to various lifestyles. Its strategic location places it within walking distance of Pavilion Mall, Starhill Gallery, and the Bukit Bintang MRT Station, offering unparalleled convenience and connectivity. Designed by an award-winning team, the property boasts premium finishes and cutting-edge architecture, including its iconic moiré-effect façade.
Pavilion Mall: 1 minute drive.
Suria KLCC: 8 minute drive.
Taylor's International School: 10 minute drive.
IDR $ 8,200,000,000 - $ 33,000,000,000
Set in the leafy Dharmawangsa neighbourhood with three hectares of lush green landscape and strategically located with easy access to Sudirman Central Business Dsictrict (SCBD). The project features 402 units, with larger apartments showcasing elegant double-height living and dining areas. Residents will enjoy a 1 km-long jogging track, complemented by natural parklands and an urban forest at their doorstep.
5-minute drive to Kutchan Railway Station
Dharmawangsa Square: 3 minute drive.
2 minute shuttle bus to Hanazono Golf Club
Soi Cherngtalay 14, Tambon Choeng Thale, Thalang District, Phuket 83110, Thailand
THB 10,100,000
24/7 Concierge and Security
Sudara Residence is an award-winning luxury low-density development in Bangtao, Phuket, just 500m from the beach. Offering 1-3 bedroom units with options for private gardens, plunge pools, or balconies. It is managed by the renowned Andara Resort and Villas team. Amenities include a 50m lagoon-style pool, yoga terrace, rooftop lounge, kids' club, underground parking with EV charging, and lush tropical surroundings.
500m
Bangtao Beach: 2 minute drive.
Porto de Phuket: 6 minute drive.
Fitness-Focused Living
13 3 Higashiyama, Niseko cho, Abuta gun Hokkaido
Prices from JPY 127,050,000
Situated on the northern island of Hokkaido, Niseko has become legendary as the powder mecca of Japan, both domestically and internationally. Niseko has earned a reputation as the world’s premier ski destination where skiers from around the world gather for its impeccable powder cruising. HINODE HILLS won the Best Condo Development Award (Greater Niseko) and the Best Hotel Condo Development Award at the ASIA PROPERTY AWARDS GREATER NISEKO 2022 organized by Property Guru.
Kevin Murtagh President Director, Office Leasing and Commercial Sales
Prapaporn Boonkajornkul Director, Head of Agency Services Agency Services
Nguyen Khanh Duy Director of Residential Sales & Head of Savills Private Office
Matthew Powell Director Savills Hanoi
Adrian Lim Senior Director, Head International Residential Sales
Ruben Koh Senior Director, Head International Residential Sales
6 mins
20 mins
Boat Avenue: 6 minute drive.
170m
300m
700m
Conlay MRT Station: 1 minute drive.
Prince Court Medical Centre: 2 minute drive.
KLCC Park: 4 minute drive.
5 mins
1 mins
2 mins
Niseko United Ski Domain: 1 minute drive via shuttle bus.
Hanazono Golf Club: 2 minute drive via shuttle bus.
Kutchan Railway Station: 5 minute drive.
21 mins
Niseko Village Ski Centre: 4 minute walk.
4 mins
Hanazono Golf Club: 15 minute drive.
residential.qld@savills.com.au
1 min
30 mins
5 minute drive to Ben Thanh Market
15 minute drive to TSN International Airport
15 mins
My Khe Beach: 2 minute drive.
BRG Danang Golf Club: 20 minute drive.
Danang International Airport: 15 minute drive.
Deakin University: 10 minute drive.
Andara Resort & Villas: 20 minute drive.
THB 25,000,000 - 90,000,000
a harmonious combination of modern design, comfort and natural aesthetics with a backdrop of picturesque Phuket landscapes The space is filled with light, air and attention to detail. Minimalistic architecture with elements of natural textures, panoramic windows, private pools and green terraces, where daylight and evening tranquility are filled with calm, aesthetics and comfort.
Bangtao Beach: 19 minute drive.
Boat Avenue & Porto de Phuket: 12 minute drive.
Phuket International Airport: 30 minute drive.
1 minute walk to Ba Son Metro Station
Kutchan Station: 21 minute drive.
Buying Guides
Pondok Indah Mall: 15 minute drive.
Sudirman Central Business District: 25 minute drive.
22 Marina View, Singapore 019959
SGD $1,848,000 - $4,108,000
First Waterfront Branded Residence
W Residences Marina View - Singapore is the first waterfront living branded residence in Marina Bay, developed by IOI Properties Singapore and operated by Marriott International. It comprises 683 luxurious units ranging from 1 to 5 bedrooms, including penthouses, each showcasing stunning views. The residences are complemented by world-class amenities across three levels. Combining sophisticated urban living with premium hotel-style services, this exclusive development is set in the heart of Singapore’s vibrant Marina Bay district, providing seamless access to dining, shopping and entertainment for a truly 24/7 live, work and play lifestyle.
Ruben Koh Senior Director Head International Residential Sales
Premium Hotel-Style Services
11 Unity Street, Singapore 237995
SGD $1,374,000 - $5,120,000
Global Riverside Lifestyle
Legacy 999 ‑Year Tenure
The Robertson Opus is a rare 999‑year mixed‑use development at 11 Unity Street, in the heart of lively Robertson Quay. Just a five‑minute walk to Fort Canning MRT and minutes from Orchard Road, the CBD, and Marina Bay, it offers exceptional connectivity. Comprising 348 residences and 26 curated retail and F&B units, it blends riverside charm with refined urban living. Thoughtfully designed layouts range from suites to spacious four‑bedroom homes, set amidst vibrant cultural and lifestyle destinations along the Singapore River.
Iconic Robertson Quay Address
22 Orchard Boulevard, Singapore 249628
SGD $1,511,000 - $7,054,000
Prime Orchard Road Living
From a legacy of crafting collectible and liveable luxury, UOL unveils its latest masterpiece for those with an eye for the extraordinary — UPPERHOUSE at Orchard Boulevard. With an address in prime District 10 mere steps away from the vibrant Orchard Road Lifestyle & Shopping District, bask in a home where the finest in life is all yours for the taking. A short drive away, a wealth of options await. Over at charming Dempsey Hill and bohemian Holland Village, discover relaxed dining and leisure experiences that provide a contrasting rhythm to the urban energy of Orchard Road. The Central Business District is also easily accessible, where continuous revitalisation transforms this financial and commercial hub into a dynamic fusion of work and play.
Adrian Lim Senior Director Head International Residential Sales
Sophisticated Interiors
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61407766771 michael.lang@savills.com.au Melbourne, Victoria, Australia
James Hall State Head - NSW Luxury Residential and Rural Sales
61413101020 james.hall@savills.com.au Sydney, New South Wales, Australia
Jo Prince-Gilles State Director - QLD Residential Projects
61448911016 jo.princegillies@savills.com.au Brisbane, Queensland, Australia
APAC
Wherever you are, speak to a dedicated residential development expert who can help find your next property, whether it’s a branded residence, boutique development, or long-term investment.
Contact Us
+84 906 407 475 MPowell@Savills.com.vn Hanoi
Le Tiet Cuong Head of Residential Sales Residential Sales
+84 906 302 403 ltietcuong@savills.com.vn Hanoi
NGUYEN KHANH DUY Director of Residential Sales & Head of Savills Private Office
+84 767799077 tthienvan@savills.com.vn Ho Chi Minh
60123268357 sanjay.anantharajah@savills.com.my Kuala Lumpur
Otto Twist Southeast Asia Director International Residential Sales
+65 6836 6888 Otto.Twist@savills.asia Singapore
Michelle Zhou Head of International Property, China International Residential Sales
China
Mark Elliot Senior Director International Residential Sales
Hong Kong
Khoi Vo Tuan Senior Sales Manager Residential Sales
Ruben Koh Southeast Asia Director International Residential Sales
The heart of Southeast Asia Vietnam
Vietnam is a land of breathtaking landscapes, rich culture, and dynamic cities. From the bustling streets of Hanoi and Ho Chi Minh City to the serene beaches of Da Nang, Nha Trang, and Phu Quoc, it blends tradition and modern living seamlessly. With vibrant energy, diverse heritage, and world-class beach resorts, Vietnam is an exciting destination for both investment and lifestyle Vietnam is attracting global investors, holidaymakers, and professionals seeking career opportunities in a fast-growing environment. With its young, tech-savvy population, growing economy, and increasing wealth, Vietnam has become a premier location for overseas buyers. For those seeking a balanced lifestyle—rich in culture, natural beauty, and culinary delights—Vietnam offers something truly unique.
Where to buy in Vietnam
A dynamic financial hub and Vietnam’s largest city, Ho Chi Minh City (HCMC) contributes 23% of the country’s GDP and is home to over 9 million residents. As a center for finance, commerce, and technology, it attracts discerning investors. Its skyline boasts high-rise residences with panoramic views, while exclusive neighborhoods offer world-class estates. With fine dining, designer boutiques, and international business districts, HCMC delivers a cosmopolitan lifestyle, making it an attractive opportunity for investors.
dynamic financial hub
A serene coastal escape, Ho Tram has luxury living with its pristine beaches and resort-style residences. This exclusive enclave offers secluded oceanfront villas and contemporary retreats, designed for those who value privacy and tranquility. The area’s development into a premium leisure and hospitality destination has led to increased demand from discerning buyers seeking a peaceful getaway just outside the city.
A serene coastal escape
Ho Tram
Nha Trang, the “Riviera of Vietnam,” offers stunning beaches, modern amenities, and a growing expat community. With luxury condos, beachfront villas, and high rental yields, it’s a prime destination for living and investing. Its tropical climate, international airport, and vibrant lifestyle make Nha Trang have helped build its strong reputation.
Riviera of Vietnam
Nha Trang
A blend of urban energy and coastal charm, Da Nang is fast becoming a top destination for luxury real estate. Recognised as one of Southeast Asia’s most livable cities, it offers an exceptional quality of life with modern conveniences and natural beauty. Home to My Khe Beach, ranked among the world’s most attractive, the city features exclusive beachfront villas, branded residences, and hillside estates with breathtaking views. A growing selection of fine dining, international shopping, and cultural landmarks adds to its appeal.
Asia’s most livable cities
The capital and historic heart of Vietnam, Hanoi is home to over 8.5 million residents, offering a unique mix of colonial elegance and contemporary living. Exclusive districts feature refined lakefront residences and modern penthouses, catering to those who appreciate heritage alongside modern conveniences. The city’s vibrant arts and cultural scene, combined with its role as a key economic center, makes it a prestigious address for investors and holiday makes alike.
capital and historic heart
Hanoi
Phú Quoc, Vietnam’s largest island, is an emerging luxury destination known for its beaches, resorts, and rapid economic growth. The island boasts a tropical paradise lifestyle, a growing expat community, and premium developments, including beachfront villas, branded residences, and eco-luxury resorts. As Vietnam’s top tourism and investment hub, Phú Quoc is the perfect place for those seeking a holiday home or rental investment.
Vietnam’s largest island
Phu Quoc
Vietnam’s stable political environment and rapidly growing economy, driven by manufacturing, domestic consumption, and global trade integration, have created strong demand for investment. In 2024, Vietnam attracted $38 billion in foreign direct investment and achieved 7.09% GDP growth.
Economic Stability
Strategically positioned in Southeast Asia, Vietnam serves as a gateway to a rapidly growing regional market. Its extensive coastline, well-connected transport network, and participation in numerous free trade agreements provide significant logistical advantages, enhancing its appeal as a regional hub
Strategic location
The real estate market in Q4/2024 experienced a supply rebound, but affordable housing remained scarce. While new supply and sales increased, premium projects dominated, pushing prices higher. • Budget-conscious buyers are increasingly turning to neighboring provinces like Binh Duong as city costs rise. • Looking ahead, significant new supply is expected, with Grade B units leading the market and Thu Duc City emerging as a key development hub.
Growth
In 2024, Vietnam welcomed 17.6 million tourists, marking a 40% year-on-year increase. This resurgence has boosted demand in the hospitality, retail, and entertainment sectors. Key destinations such as Ho Chi Minh City, Hanoi, Da Nang, and Phu Quoc have been pivotal in driving the tourism recovery. As a result, the short-term rental market is expanding rapidly, and branded residences are growing in popularity among tourists and buyers seeking holiday homes. This rising demand presents significant opportunities for investors to capitalize on Vietnam’s thriving tourism sector
Tourism
Vietnam offers a safe and secure environment for residents and visitors, underpinned by a strong rule of law and effective law enforcement.
Safety and Security
Vietnam’s booming middle class is projected to double by 2026, reaching 76 million by 2030. This rise in wealth is driving strong demand for quality housing. As incomes increase and urbanization accelerates, the demand for premium residential homes will continue to grow.
Rising Wealth
Investment potential in Vietnam
A Market Poised for Growth
Vietnam’s strategic location in Southeast Asia, combined with its investment-friendly policies and competitive business environment, makes it a gateway to regional and global markets.
The country has become a vital link in global supply chains, attracting substantial foreign direct investment (FDI) from multinational corporations. In 2024, exports expanded by 14%.
2025 marked the opening of Ho Chi Minh City’s first metro line, a 19.7km route linking District 1 to Thu Duc City, significantly cutting commute times and easing congestion. Meanwhile, the $13.38 billion Long Thành International Airport will further boost connectivity. • Phase One (2026): Two runways and a terminal to accommodate 25 million passengers annually. • Future Expansion: Passenger capacity will increase to 50 million by 2030 and 100 million at full completion.
The industrial property sector continues to surge, with industrial land lease rates rising by over 10% year-on-year due to growing demand from multinational manufacturers. This trend is driven by supply chain diversification, positioning Vietnam as a key destination for logistics and high-tech industries.
Vietnam is rapidly emerging as a high-tech powerhouse, supported by a 50% subsidy on $125 million+ projects and a new Digital Technology Industry Law fueling growth. • Nvidia is launching an AI R&D center. • Amkor is tripling semiconductor output. • Saigon Hi-Tech Park continues to thrive, with `investments exceeding $2 billion.
Exports
01
Infrastructure
02
Industrial Investment
03
Technology Investment
04
What are the cost of buying in Vietnam
Secondary market
Purchase Tax: A 10% VAT is applied to the sale of property by both locals and foreigners. Registration Fee: A 0.5% registration tax is charged for obtaining the house ownership certificate, based on the apartment’s value. Rental Tax: Foreign landlords in Vietnam earning over VND 100 million (approximately $4,000 USD) per year in rental income must pay a 10% tax on total rental earnings: • 5% Personal Income Tax (PIT). • 5% Value-Added Tax (VAT) Additionally, a Business License Tax (BLT) of $12–$42 per year may apply. Capital Gains Tax: A flat 2% tax is applied to the sale price of all property transactions.
Maintenance Fee: Commonly referred to as a “sinking fund”, this is a onetime contribution by property buyers to maintain commonly owned areas within a development. • It is used for major capital expenditures and overhauls of common areas to preserve quality. • The sinking fund is currently 2% of the apartment price, calculated before VAT. Notary Fees: When purchasing property in Vietnam, the sales contract must be notarized to be legally recognized. • Notary fees are based on the property’s value and typically range from 0.05% to 0.1% of the total property price. • These fees cover the legal verification of documents, ensuring the ownership transfer is legitimate and binding.
Apartment Condominiums: Foreign buyers are limited to purchasing 30% of the total units in any single apartment development. Landed Houses/ Villa: Foreign ownership is restricted to 10% of the total landed project (villas and houses) or 250 landed property units in a single administrative ward.
Taxes
Fees
Restictions
Check the Ownership Certificate and ensure no disputes or mortgages.
Verify Legal Status
Agree on price, terms, and sign a deposit agreement (5–10% of the property value)
Negotiate & Make a Deposit
Verify legal documents and inspect the property’s condition.
Conduct Due Diligence
Draft and notarize the contract at an authorized notary office
Sign the Sale & Purchase Agreement (SPA)
Transfer funds via a bank (foreigners must use overseas accounts) and keep receipts
Make Payment
Pay taxes (2% for the seller, 0.5% registration fee for the buyer) and submit documents for ownership transfer.
Register Ownership
Get the updated certificate with your name after 2–4 weeks.
Receive Ownership Certificate
Check Eligibility
Ensure you’re legally allowed to buy (valid passport, legal entry, within foreign ownership quota).
Select the Project
Choose a reputable developer and confirm the project is eligible for foreign buyers.
Reserve & Make a Deposit
Sign a reservation agreement and pay a deposit (usually 5–10% of the property value).
Review and sign a bilingual contract (Vietnamese–English)
Make Payments
05
There are varied payment plans across developments, typically every 2-3 months 5% of the purchase price is required for off plan projects.
Receive the Property
06
Inspect the unit upon completion, make the final payment (usually 5%), and receive handover documents.
Register Ownership (Pink Book)
07
The developer will assist buyers in applying for your Ownership Certificate, valid for up to 50 years.
Development / off market
Experts in Vietnam Here for every step
At Savills Vietnam, we offer over 25 years of experience, managing 8 million sqm of property space nationwide. With 2,500+ experts, we deliver unparalleled insights and comprehensive services to developers, investors, and owner-occupiers. Savills Vietnam is your trusted partner for navigating Vietnam’s real estate market with confidence.
18/F, 81 - 85 Ham Nghi Street, District 1, HCMC, Vietnam
+84 28 7309 1868 hcmc-infor@savills.com.vn
21/F, West Tower, Lotte Center Ha Noi, 54 Lieu Giai Street, Ba Dinh District, Ha Noi, Vietnam
Ha Noi
+84 24 7301 9888 Hanoi-infor@savills.com.vn
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Welcome to Japan
Japan seamlessly blends rich cultural heritage with cutting-edge modernity, offering a unique and high-quality lifestyle. From the bustling urban landscapes of Tokyo and Osaka to the serene ski resorts of Niseko, the country caters to a diverse range of preferences. With its efficient public transportation, world-renowned cuisine, and advanced healthcare system, Japan is renowned for its excellence in livability. The country’s economic stability and openness to foreign property ownership make it a prime destination for international real estate investment.
Where to buy in Japan
As Japan’s capital and largest city, Tokyo is a global financial and cultural hub, offering a dynamic mix of tradition and modernity. • The city presents a wide range of property options, from luxury condominiums in prime areas like Minato and Shibuya, to accessible investments in emerging districts. • Tokyo is home to some of the most premium residential developments in the Asia-Pacific region. • Flagship projects by leading developers such as Mitsui Fudosan and Mori Building offer hotel-style amenities, refined architecture, and exceptional privacy, appealing to high-networth buyers both locally and internationally.
Tokyo
Known as Japan’s second-largest metropolitan area, Osaka has a population of over 19 million in the greater Kansai region. • As a key commercial and cultural hub, Osaka offers a more relaxed lifestyle compared to Tokyo, along with significantly lower property prices and cost of living. • Popular neighborhoods like Umeda and Namba are known for their vibrant shopping, dining, and entertainment. • Areas such as Abeno and Tennoji are gaining traction due to redevelopment projects, offering excellent potential for investment.
Osaka
Located on Hokkaido’s northern island, Niseko is Asia’s leading ski destination, renowned for its exceptional powder snow and breathtaking alpine scenery. • The Niseko United area features over 70 kilometers of ski runs across four interconnected resorts, attracting visitors and investors from around the globe. • International demand has driven a wave of luxury branded residences and resort developments. • With winter sports in colder months and activities like hiking, cycling, and golf in the summer, Niseko offers year-round appeal, making it ideal for both personal use and rental income.
Niseko
Japan allows full freehold ownership of land and property by foreign nationals, with no restrictions on ownership or residency requirements. • The transparent legal framework ensures clarity and security for international investors.
Open Market
As one of the world’s most regulated and mature real estate markets, Japan offers reliable legal protections and low-risk investment opportunities, making it an attractive alternative to more volatile markets.
Stability
• With low interest rates and no additional taxes for foreign buyers, Japan’s cost of entry remains favorable. • The current weakness of the yen further enhances opportunities for buyers with stronger currencies like USD, SGD, or HKD.
Affordable
In major urban centers like Tokyo and Osaka, consistent local and expatriate demand supports stable rental income. • Rental yields typically range from 3–5%, with limited vacancy risk in well-connected, central areas.
Rental Demand
Vietnam provides a safe and secure environment for those living and visiting, underpinned by a strong rule of law and effective law enforcement.
Vietnam’s booming middle class is set to double by 2026, reaching 76 million by 2030, fueling strong demand for quality housing. As incomes rise and urbanisation accelerates increase for quality residential homes in Vietnam will continue to increase.
Investment potential in Japan
Daily Life: Settle into Japan
Japan boasts one of the world’s most advanced healthcare systems, known for its efficiency, cleanliness, and high standards of care. • Major cities provide access to modern hospitals and internationally trained specialists. • Japan is also becoming a hub for medical and wellness tourism, attracting visitors seeking health screenings, cosmetic treatments, and regenerative therapies.
Japan’s public transportation network is ranked among the best in the world, renowned for its punctuality and convenience. • Extensive train and subway systems in urban areas and the Shinkansen (bullet train), which connects major cities, make commuting and intercity travel seamless.
Japan’s rich cultural heritage is woven into everyday life, from ancient temples like Senso-ji in Tokyo and Kiyomizu-dera in Kyoto to centuries-old traditions such as tea ceremonies, kabuki theatre, and ikebana (flower arranging). Seasonal festivals like Gion Matsuri in Kyoto and the Sapporo Snow Festival celebrate everything from religion to art and local identity.
Japan’s landscapes are as diverse as they are striking, ranging from Hokkaido’s snowy mountains to Okinawa’s turquoise waters. • The country celebrates its four seasons, with Kyoto’s cherry blossoms in spring and vibrant autumn foliage attracting global visitors.
Healthcare
Transport
Culture
Natural Beauty
What are the buying costs in Japan
Real Estate Acquisition Tax: 3% of the land’s value and 4% of the building’s value (government assessed). Registration and License Tax: 2% of the property’s assessed value. Stamp Duty (Paid when signing the sale and purchase agreement):
Fixed Asset Tax: 1.4% of the property’s assessed value annually. City Planning Tax: 0.3% annually in designated urban areas. Income Tax on Rental Income Non-Residents: For non-residents, rental income is taxed at a flat rate of 20.42%.
Capital Gains Tax: • Short-Term (held for 5 years or less): 30% of the gain. • Long-Term (held for more than 5 years): 15% of the gain.
Acquisition Tax
Ongoing Tax
Exit Tax
The buyer and seller agree on the property price and the terms and conditions of the sale.
Property price agreement
An MOU is signed between the two parties registered with the DLD and the buyer pays a 10% deposit.
MOU is signed
The seller applies for an NOC from the developer for the transfer of the property.
NOC application
Once the property transfer is registered with the government, the buyer pays a transfer fee of 4% and broker fees. All fund transfers occur at this time.
Property transfer registration
The buyer issues manager’s cheques payable to the seller on the date of the property transfer.
Manager’s cheques
If the buyer has a mortgage, then a bank representative will be needed for the completion of the legal paperwork.
Legal paperwork completion
If the seller has an existing mortgage on the property, it will be outlined in the MOU whether it is the responsibility of the buyer or the seller to clear these debts before the NOC can be issued.
Seller has existing mortgage
Due Diligence
Your lawyer checks the developer’s credentials, land ownership, and building approvals.
Select a Unit
Choose a property in an under-construction project through a trusted agent or developer.
Reservation Agreement
Sign a reservation form and pay a deposit to secure your unit (typically JPY 100,000–1,000,000).
Sales & Purchase Agreement (SPA)
Sign the SPA and pay around 10% of the purchase price. Stamp duty is paid at this stage.
Stage Payments (if applicable)
Pay in instalments based on construction milestones or make full payment at completion.
Completion & Handover
Once construction is finished, pay the remaining amount, register the property, and take possession.
Ownership Transfer
Receive title deed and register the property at the Legal Affairs Bureau. Pay closing fees and taxes. years.
What's next for Japan economy?
Japan is home to the world’s third-largest economy, characterized by a stable political environment and advanced infrastructure. • Despite challenges such as an aging population, Japan maintains steady GDP growth, fueled by sectors like technology, manufacturing, and tourism. • The real estate sector, particularly in urban centers and tourist hotspots, offers significant growth opportunities, driven by the resurgence of inbound tourism and government initiatives. Major cities such as Tokyo and Osaka are undergoing urban redevelopment projects, aimed at enhancing both infrastructure and livability. These projects often result in increased property values, creating opportunities for investors to capitalize on emerging neighborhoods.
Food
Japan’s culinary culture is world-renowned, offering everything from Michelin-starred sushi in Tokyo to comforting bowls of ramen in Osaka. • Each region boasts its own specialties, with meals crafted to highlight precision, seasonality, and presentation. • Whether dining at a fine restaurant or enjoying street food, eating in Japan is both a daily pleasure and a cultural experience.
Experts in Japan Here for every step
At Savills Japan, we combine decades of experience with unparalleled expertise in the Japanese real estate market. Whether you’re an investor, developer, or owner-occupier, our dedicated team is here to guide you through every step of the process with confidence.
Southeast Asia Director International Residential Sales
Otto Twist
+65 6836 6888 Otto.Twist@savills.asia
Contract Value (JPY)
Stamp Duty (JPY}
Less than 1 million
200
1 million – 5 million 400
5 million – 10 million 1,000
10 million – 50 million 10,000
50 million – 100 million 30,000
100 million – 500 million 60,000
Welcome to Thailand
Thailand has long been a destination for global tourism and it is fast becoming the permanent homes of many global expats. From the golden beaches of Phuket to the vibrant energy of Bangkok, Thailand offers a unique blend of luxury, culture, and opportunity that continues to attract international buyers seeking both a second home and a lifestyle upgrade. With warm temperatures and sunshine across all seasons, Thailand’s tropical climate supports an active, outdoor lifestyle. Whether it’s island-hopping in the Andaman Sea, golfing on world-class courses, or enjoying rooftop dining in Bangkok, the weather invites you to live life outside. Thailand is renowned for its high standard of living at accessible prices. Five-star hospitality, designer retail, and exceptional wellness experiences are part of daily life. Ranging from private pool villas, Michelin-starred cuisine, award-winning spas, and stunning beachfront resorts. Whether flying direct into Bangkok’s international hub or working remotely from a luxury residence in Phuket, Thailand offers seamless connectivity and excellent infrastructure. The country is fast becoming a hub for digital nomads, entrepreneurs, and retirees alike.
Where to buy in Thailand
As one of Asia’s most dynamic capitals, Bangkok offers a cosmopolitan lifestyle. Exclusive neighborhoods such as Sukhumvit, Langsuan, and Chidlom feature sky-high penthouses, branded residences, and ultra-secure developments with concierge and wellness amenities. The riverside area of Bang Rak and Charoenkrung, has also become a hotspot for luxury buyers seeking scenic views and cultural richness. Bangkok is the beating heart of Thailand’s cultural, business, and lifestyle scene. The city is home to iconic shopping malls such as ICONSIAM, Central Embassy, and EmQuartier — these luxury shopping destinations host international fashion events and art exhibitions. World-class fine dining, including 34 Michelin-starred restaurants, flourishes alongside rooftop bars and hidden speakeasies. Did you know? Bangkok welcomed over 32 million tourists in 2023 and is home to more than 30 international schools, making it one of the most globally connected cities in the region.
Bangkok
Phuket is Thailand’s most prestigious resort destination — where beachfront estates, hillside villas, and branded residences offer true escape. Phuket plays host to high-profile international events, including the Asia Superyacht Rendezvous, Laguna Phuket Triathlon, and Phuket International Boat Show. Its vibrant dining scene ranges from rustic beach clubs to globally recognised fine dining — not to mention world-famous beach sunsets.Phuket’s appeal lies in its clean environment, wellness-focused lifestyle, and strong expat community. Gated communities and luxury compounds offer top-level security, while international hospitals and schools add to the convenience for long-term living. Whether you're paddleboarding at dawn, golfing at Blue Canyon Country Club, or enjoying spa retreats and yacht charters, life in Phuket offers an array of lifestyle activities. With direct flights to Singapore, Dubai, and Hong Kong, it’s a globally connected destination.
Phuket
Located on Hokkaido’s northern island, Niseko is Asia’s leading ski destination, known for its exceptional powder snow and scenic alpine setting. The Niseko United area offers over 70 km of ski runs across four interconnected resorts, attracting visitors and investors from around the world. International demand has driven a wave of luxury resort and branded residence developments. With winter sports in the colder months and hiking, cycling, and golf in the summer, Niseko offers strong year-round appeal — both for personal use and rental income.
Nieseko
Thailand’s tourism sector is rebounding fast, and this resurgence directly fuels real estate demand — particularly in resort destinations. • Thailand welcomed over 35 million international arrivals in 2024. • Government targets for 2025 sit at 40 million, exceeding pre-pandemic highs (39.9 million in 2019). • This return to global prominence strengthens short-let investment potential and supports consistent property demand in resort hotspots.
Tourism Recovery & Global Appeal
Japan's real estate market is highly regulated and mature, with reliable legal protections and clear transaction processes. This makes it a lower-risk environment for long-term investment and an attractive alternative to more volatile emerging markets.
Infrastructure Growth Driving Long-Term Value
Thailand is experiencing a boom in branded residences. • As of 2023, Thailand ranks among the top 5 global markets for branded residences, with over 55 completed and pipeline projects, including brands like Four Seasons, Banyan Tree, InterContinental, and Andaz. • These developments offer better liquidity, higher rental income, and strong appeal among global buyers seeking assurance, design quality, and service.
Branded Residences: A Rising Investment Class
Demand for prime and resort properties is outpacing supply — especially in central Bangkok and Phuket. In Bangkok, prices in luxury condominium markets have shown resilience, with prime condo prices rising by 4.7% year-on-year. In Phuket, land constraints and development controls are fuelling price pressure, villa prices rose 10–15% last year.
Capital Growth
In Bangkok, well-located freehold condominiums yield 4 – 6.5% gross annually, appealing to both corporate tenants and digital nomads. In Phuket, short-term rental returns are even more compelling. Luxury villas can generate 6–8% gross annual yields. With international visitor numbers steadily rising, owners benefit from both lifestyle usage and income potential — particularly in branded residences and managed resort communities.
Rental Income
Investment potential in Thailand
Daily Life: Settle into Thailand
Bangkok is a major luxury retail hub in Asia, offering a wide selection of global flagship stores and designer boutiques. Shoppers will find leading international brands such as Louis Vuitton, Chanel, Hermès, Gucci, Rolex, Dior, and Cartier, alongside high-end Thai designers and curated concept stores. Whether shopping for fashion, jewellery, or interiors, the city provides an elevated retail experience within easy reach of its most prestigious residential neighbourhoods.
Thailand has earned global recognition for the quality and affordability of its healthcare system. Bangkok and other major cities are home to internationally accredited hospitals, such as Bumrungrad International and Samitivej, offering world-class medical care. Wellness is also deeply embedded in Thai culture — with luxury spas, holistic retreats, and traditional Thai therapies widely available, especially in wellness-focused destinations like Chiang Mai, Hua Hin, and Phuket.
The rich cultural heritage is evident everywhere — from ancient temples and royal palaces to contemporary galleries and festivals. Visitors and residents alike enjoy a deep connection to tradition, reflected in daily rituals, national holidays, and architecture. Bangkok’s vibrant arts scene, Chiang Mai’s creative community, and the annual Loy Krathong and Songkran festivals offer immersive cultural experiences year-round.
Both Bangkok and Phuket offer standout offerings. In Bangkok, top restaurants include Gaggan Anand, Le Du, Sühring, and Sorn, all celebrated on Asia’s 50 Best list. For refined local flavour, Paste and the iconic street-side Jay Fai deliver Michelin-starred Thai cuisine. In Phuket, PRU leads with its Michelin star and farm-to-table concept, while Acqua, Siam Supper Club, and Baan Rim Pa offer fine dining with ocean views.
Shopping
Health
Food & Beverage
What are the cost of buying in Thailand
Transfer Fee: This is paid at the Land Office when the property is transferred into your name. Cost: 2% of the official government value (often shared 50/50 between buyer and seller, depending on the agreement). Stamp Duty or Specific Business Tax: Only one of these applies, depending on the situation. Stamp Duty: 0.5% (usually for resale properties held long-term). Specific Business Tax: 3.3% (usually for properties sold within 5 years or by developers). This is normally paid by the seller, but worth confirming during negotiations. Land & Building Tax: (For Investment or Second Homes) If you rent out the property or own multiple homes, an annual tax applies. This ranges from 0.02% to 0.3% of the property value. Rental Income Tax: If you rent out your property, income tax applies. Rate: 5% to 35%, depending on how much income you earn. Capital Gains Tax: Thailand doesn’t have a separate capital gains tax. Instead, any profit from selling property is treated as personal income and taxed accordingly.
Legal fees vary but typically around THB 30,000–100,000, depending on complexity.
Capital Gains Tax Short-Term (Property held for 5 years or less): 30% of the gain. Long-Term (Property held for more than 5 years): 15% of the gain.
Buyers select a completed villa or as a standalone home. Important to select properties with established leasehold structures or company ownership options.
1. Find the Property
Appoint a lawyer to check the land title, existing lease, building permits, and ownership history. For resale villas, verify lease transferability and remaining lease term.
2. Legal Due Diligence
Agree on terms with the seller and pay a reservation deposit — often 5–10% of the purchase price. A memorandum of understanding (MOU) may be used before formal contracts.
3. Negotiate & Reserve
A lease agreement (often 30 years) is signed and registered at the Land Office.
4. Sign Lease Agreement
Full payment is made before or at the time of registration. Taxes and transfer fees are paid at the Land Office. Foreign currency should be transferred from overseas, with proper documentation for currency conversion.
5. Payment & Transfer
The villa is handed over, and the lease is registered in the buyer’s name. Buyers may choose to live in the property, lease it out, or appoint a management firm for rentals and maintenance.
6. Handover
Done
Select the Development & Unit
Buyers choose their preferred unit directly from a developer’s inventory.
Pay Reservation Fee
A reservation fee (usually THB 100,000–200,000) is paid to take the unit off the market. This fee is typically non-refundable but deducted from the purchase price.
Sign Sale & Purchase Agreement (SPA)
Within 30 days, the SPA is signed. Your lawyer should review this document to confirm payment terms, specifications, completion dates, and default clauses.
Staged Payment Plan
Payments are made in stages — often aligned with construction milestones.
Upon completion, the unit is inspected, final payment is made, and the transfer is registered at the Land Office. The title deed is issued in the buyer’s name, and the unit is handed over.
Move-In or Lease Out
Buyers can furnish and move in or appoint a rental agents. Savills offer turnkey letting services for international investors.
What's next for Thailand economy?
Thailand has economic stability, long-term growth, and lifestyle appeal — making it one of Southeast Asia’s most attractive destinations investment. With a resilient economy, a maturing property market, and a government committed to long-term development. The economy has shown consistent growth in recent years, with the World Bank forecasting GDP expansion of 2.9% in 2025. Key sectors of tourism, automotive manufacturing, electronics, and agriculture continue to underpin national output, while increasing diversification into healthcare, logistics, and digital services points to a forward-facing economy. Thailand’s long-term vision for economic transformation is clearly reflected in its policy, openness to foreign direct investment, and regional positioning. As a founding member of ASEAN with deep trade links to China, Japan, and the wider Asia-Pacific, Thailand continues to strengthen its role as a gateway to the region. Tourism continues to be a powerful economic engine for Thailand. A significant proportion of visitors come from neighbouring Asian markets — particularly China, Malaysia, South Korea, and India — while long-haul arrivals from Europe, Russia, and the Middle East also play a major role in driving demand across the hospitality and real estate sectors. Many are drawn by Thailand’s natural beauty, warm climate, wellness culture, and world-class hospitality — from beach resorts and golf retreats to luxury city escapes. This strong emotional connection to place is fuelling demand for short-term rental properties and resort-led developments, particularly in destinations like Phuket, Koh Samui, and Bangkok, where visitors increasingly seek not just a holiday, but a lifestyle they can return to or invest in.
Japan’s culinary culture is world-renowned — from Michelin-starred sushi in Tokyo to comforting bowls of ramen in Osaka. Each region offers its own specialties, and meals are crafted with precision, seasonality, and presentation in mind. Whether dining at a fine restaurant or enjoying street food, food in Japan is both an everyday pleasure and a cultural experience.
Experts in Thailand Here for every step
Savills Thailand is the largest and most experienced real estate practice throughout Thailand. Savills is the only firm with local market research dating back to 1995 and provides developers, investors, owners and occupiers with comprehensive property services, which can’t be found in other agencies. The company consists of over 2500 experienced and professional staff nationwide and manages over 8 million sqm of property space.
Welcome to Indonesia
Indonesia offers a blend of tropical lifestyle and investment opportunity, attracting digital nomads, retirees, and international investors alike. The country’s climate is warm year-round – Bali, for example, sees consistent daily temperatures of about 26–29°C with a dry season from April to September. This pleasant weather, combined with Indonesia’s stunning natural scenery (from Bali’s lush rice terraces and beaches to Lombok’s volcanoes and coral reefs), creates an inviting environment for long-term stays. Health and wellness pursuits are easy to come by: Bali in particular is recognized for its holistic health scene, with abundant yoga studios, meditation retreats, and spa resorts catering to foreigners. Connectivity is also a draw – high-speed internet is widely available in urban centers and co-working hubs, enabling remote workers to stay productive. Major international airports in Jakarta, Bali, and now Lombok provide convenient links to the rest of Asia and beyond. Long-stay visas are relatively attainable – for instance, social-cultural visas can allow up to six-month stays, and new initiatives like the Second Home Visa offer 5–10 year residency for those meeting financial or investment criteria. In short, Indonesia’s combination of pleasant climate, wellness-focused lifestyle, strong connectivity, and welcoming international community underpins its appeal as a place to live or invest in property.
Where to buy in Indonesia
Bali remains the top choice for overseas buyers, offering a unique blend of tropical beauty, cultural heritage, and a strong expat community. Areas like Seminyak and Canggu are known for dining, nightlife, and premium villas – with Canggu particularly popular among digital nomads. Ubud offers a quieter, wellness-focused lifestyle in lush, inland surroundings, while Uluwatu, with its clifftop ocean views, caters to luxury buyers and surfers. Bali’s lifestyle, infrastructure, and year-round tourism make it ideal for personal use or rental income.
Bali
Often described as “the next Bali,” Lombok offers pristine nature, quieter beaches, and growing tourism. The south, particularly Kuta Lombok, is undergoing major development and infrastructure investment, while Senggigi and the Gili Islands appeal to those seeking ocean views, diving, and laid-back living. Prices are generally more affordable than Bali, with high growth potential making Lombok attractive for early investors.
the next Bali
Lombok
Indonesia’s capital is a sprawling, high-energy metropolis – the country’s financial and commercial centre. It offers a more urban investment profile, with foreign buyers typically focused on high-rise apartments in areas like Sudirman and South Jakarta. The city combines steady capital appreciation with a strong rental market driven by professionals and expats.
Jakarta
Aside from the proposed second airport in north Bali, there are ongoing upgrades like a toll road extension In Lombok, the Mandalika project is a centerpiece – it’s a government-designated Special Economic Zone focusing on tourism, which means tax incentives and world-class infrastructure in that enclave. The presence of an international circuit (which already hosted MotoGP) has put Lombok on the map globally, and more resorts are under construction. The Lombok International Airport expansion allows for more direct flights, and new ports are making island access easier. Jakarta’s key developments include the MRT Phase 2 extending north-south line, and an east-west line planned; LRT lines connecting suburbs.
Furture infrastucture
Indonesia has gradually be encouraging foreign property investment through Visa allowances. The Job Creation Law and subsequent regulations allow foreigners to own apartments and houses under certain conditions. There are also special visas for investors, such as an Investor KITAS and most recently a Second Home Visa. The Second Home Visa offers 5 or 10-year residency for those who can prove funds or ownership of high-value property.
Government Initiatives
Bali has seen significant capital appreciation in hotspot areas; for example, Canggu land and villa prices have multiplied over the past 5–10 years as the area transformed from quiet rice fields to a cosmopolitan hub. While Bali’s market is more mature now, there are still growth pockets. Lombok offers growth upside at a lower entry price to Bali. The government’s commitment (new roads, expanded airport, promotion of events like MotoGP) helps Lombok’s growth story.
The tourism market drives short term stays, well-managed villas can generate strong yields, particularly from short-term holiday rentals. Rental yields range 6–10% for popular areas like Seminyak or Canggu. This depends on occupancy rates which fluctuate with seasons, but Bali’s nearly year-round tourism means there is currently good rental opportunities. In Lombok, the rental market is emerging – currently yields might be lower as tourism infrastructure is still scaling up. In Jakarta, the rental market is more stable and long-term. Condos in the city are typically rented on annual contracts yields in Jakarta range around 5% - 7% annually
Investment potential in Indonesia
Daily Life: Settle into Indonesia
Indonesia, especially Bali, has become synonymous with wellness. The island is dotted with yoga retreats, meditation centers, and spas supporting a healthy lifestyle. It’s easy to find organic cafes and plant-based restaurants – Bali’s culinary scene includes both international and local cuisine, and wellness-focused eateries are common in expat hubs Lombok also offers wellness in the form of nature – its peaceful environment is ideal for outdoor activities, hiking Mount Rinjani, or simply unwinding by the sea.
Generally, Indonesia allows for a lower cost of living than many Western countries & other Asian hubs. Basic expenses like local food, utilities, household help, and transportation are affordable. Bali provides a luxury lifestyle at lower cost without sacrificing quality, – daily expenses for groceries, eating out, and transport are lowering then many resort marketing in the region. This is one reason many remote workers and retirees choose to settle here.
Indonesia’s rich culture is a significant part of the lifestyle. The islands have many temples, ceremonies, and traditional arts that even foreigners can partake. It’s common to see ritual offerings and festivals; expats often enjoy events like the Ubud Writers & Readers Festival, art exhibitions, and traditional dance performances. Jakarta offers museums, historical sites, and a chance to experience the blend of Indonesia’s diverse cultures – people from all over the archipelago live in the capital.
For nature lovers, Bali and Lombok are paradise. On weekends you might be diving in coral reefs, trekking to waterfalls, surfing, or practicing yoga at sunrise. In Bali you’re never far from either a beach or a verdant hill; popular leisure activities include surfing, scuba diving, hiking volcanoes like Mount Batur, or simply exploring temples and cultural festivals. Lombok offers pristine nature, empty beaches like Selong Belanak (where water buffalo stroll at dusk), the three Gili Islands for diving and socialising. Life in these islands tends to be active & sun-filled slower pace of lifestyle compared to city living.
Health & Wellness
Cost of living
Natural & Recreation
What are the cost of buying in Indonesia
Acquisition Duty (BPHTB): 5% of property value. Based on sale price or assessed value, whichever is higher VAT (on new builds): 11% Applies if buying from a developer; this is typically purchase price Notary & Legal Fees: Tyically 1%–2% of property value. Covers legal drafting, contract, and title transfer Land Deed Registration: 0.2% of property value Paid to the land office during registration
Land & Building Tax (PBB): 0.5% of assessed value Paid annually; based on government-assessed value. Rental Income Tax: 20% (non-resident) Withheld on gross rental income; 10% for residents or through a PT PMA Luxury Tax (PPnBM): 20% (if applicable) Only for luxury homes (e.g. >400 m²); check before purchasing
Final income tax: 2.5% flat rate paid. No separate capital gains.
Plan Your Budget & Ownership Route
Decide how much you can spend (including taxes and fees). Most foreigners pay in cash as mortgages tend to be difficult to obtain. Choose your ownership method (e.g. Leasehold, Hak Pakai, or via PT PMA).
Hire a Notary & Begin Due Diligence
Appoint a notary (PPAT) early. They’ll verify ownership, title status, zoning, and ensure all legal aspects are sound. They’ll also guide you through the process.
Make an Offer & Agree Terms
Negotiate price and details like furnishings & handover date. A 10% deposit is typically required.
Sign Preliminary Agreement & Pay Deposit
Sign a binding sale agreement (PPJB or CSPA) and pay the deposit. The agreement should clearly state responsibilities, payment timelines, and any conditions (e.g. company setup or title change).
Legal Prep & Final Checks
The notary completes due diligence, prepares the sale deed (AJB), and calculates taxes. You prepare the remaining funds and provide any required documents.
Closing & Signing
Final payment and taxes are made. The deed is registered at the land office.
Registration & Certificate Issuance
The notary submits all paperwork to the Land Office (BPN). After a few weeks, the new land certificate is issued in your name (or your company’s). For apartments, a strata title is given.
Experts in Indonesia Here for every step
As Southeast Asia’s largest economy, Indonesia has enjoyed steady growth averaging around 5% annually in recent years. Even through global uncertainties and the pandemic recovery, GDP expansion has remained in the 5% range – in 2024 the economy grew 5.03%, in line with the prior year. This stable growth is fueled by strong domestic consumption (Indonesia’s population of 270+ million people is young and rapidly urbanising) and rising investment. Investment growth in 2024 hit its highest rate in six years , reflecting confidence in the country’s outlook. Indonesia is widely seen as an attractive destination for foreign direct investment due to its relatively young demographics and strong domestic demand. Indonesia has an abundance of natural resources and tourism revenues which bolster the economy. Bali and Lombok benefit directly from tourism inflows; after the COVID slump, tourism has rebounded strongly, injecting foreign exchange and creating jobs. The government is keen on diversifying tourism beyond Bali (hence projects in Lombok and other “10 New Bali” destinations), which means ongoing infrastructure investments. For example, spending on new airports, highways, and utilities in resort areas is part of the national plan – these improvements not only boost tourism but also make investing in real estate there more attractive (better roads, airports, and utilities increase property values).
One of the joys of living in Indonesia is the food. Each region has its specialties – from Bali’s babi guling (roast pig) and fresh seafood to Jakarta’s street food like nasi goreng and satay. Bali’s expat centers offer a booming culinary scene; you can have smoothie bowls for breakfast, authentic Balinese warung fare for lunch, and fine dining or beach barbecue for dinner. The mix of affordable local eats and world-class restaurants means you’ll never be bored with food. Lombok’s scene is smaller but you’ll still find a handful of Western cafes in areas like Kuta, alongside local Sasak cuisine. Jakarta, as a large metropolis, has everything from $2 roadside noodle bowls to Michelin-starred establishments – truly an international food landscape.
What's next for Indonesia's economy?
Foreigners can lease land or property for 25–30 years, often with an option to extend. The long lease provides legal usage rights for the agreed period. This is a popular in Bali and Lombok, especially for villas & apartments. Leases are usually paid upfront and must be registered for legal protection. Value decreases as the lease term shortens, so clear extension terms are important.
Leasehold (Hak Sewa)
Hak Pakai allows foreigners to legally own and register a residential property in their own name for up to 80 years (30+20+30). It requires a valid stay permit (like a KITAS or Second Home Visa) and applies only to homes meeting minimum price thresholds (e.g. IDR 5 billion in Bali/Jakarta). Suitable for expats living in Indonesia long-term, it offers more security than a lease but limits you to one property.
Right-to-Use (Hak Pakai)
A PT PMA is a legal company structure that enables foreigners to buy land under the Right to Build (HGB). Typically used bt investors and developers, it allows ownership of multiple properties, business activities, and greater flexibility. It involves setup costs, permits, and ongoing compliance, but provides control.
Foreign-Owned Company (PT PMA)
Foreigners can own apartments in approved buildings on government-zoned land, receiving a strata title under Hak Pakai. These units must meet minimum price thresholds (e.g. IDR 3 billion in Jakarta).
Strata Title Apartments (HMASRS)
Ownership
Foreigners can lease land or property for 25–30 years, often with an option to extend. The long lease provides legal usage rights for the agreed period. This is a popular in Bali and Lombok, especially for villas & apartments. Leases are usually paid upfront and must be registered for legal protection. Value decreases as the lease term shortens, so clear extension terms are important
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Welcome to Malaysia
Malaysia offers an appealing combination of tropical lifestyle, modern infrastructure, and affordability that continues to attract overseas property buyers. With year-round sunshine and temperatures ranging from 25°C to 35°C, the climate is ideal for those seeking a warm, outdoor-oriented way of life. Malaysia offers a low cost of living, excellent healthcare, visa accessibility, and high quality of life. English is widely spoken, and Malaysia’s multicultural society – shaped by Malay, Chinese, Indian and indigenous traditions – creates a welcoming environment rich in festivals, cuisine, and cultural experiences. Natural beauty is another major asset: from the white sands of Langkawi and diving spots of Tioman to the cool climate of the Cameron Highlands, Malaysia offers a holiday-like lifestyle year-round.
Where to buy in Malaysia
With a population of 8.6 million Malaysia’s capital city offers cosmopolitan living, with modern condominiums, international schools, shopping malls, and an efficient transit system. Areas like KLCC, Bangsar, and Mont Kiara are popular with expats. Infrastructure is well developed and the city is a hub for finance and commerce.
Kuala Lumpur
A UNESCO heritage site and food capital of Malaysia, Penang combines beachside living with cultural heritage. Areas like Gurney Drive, Tanjung Tokong and Batu Ferringhi offer high-rise condominiums with sea views. It has excellent medical facilities and an established expat community.
Penang
Just across the border from Singapore, Johor offers affordable homes and proximity to one of Asia’s wealthiest nations. With projects like Forest City, Puteri Harbour and the RTS (rail link) to Singapore coming in 2026, it is growing as a commuter and lifestyle hub.
Johor Bahru
Short term rental demand across the country helps drive attractive rental yeilds. In Johor Bahru, yields can reach 6-8%, whislt KL and Penang typically offer 4-5%.
Rental Yeilds
Singaporeans, Chinese, Japanese, and MM2H visa holders are common foreign buyers. MM2H and the new Premium Visa encourage long-term residence and ownership.
Foreign Demand
Compared to regional peers like Singapore or Australia, Malaysia offers significantly lower entry points into prime property. In Kuala Lumpur, modern freehold condominiums in central locations can start from as little as US$150,000, while in Iskandar Malaysia or Penang, prices can be even more competitive. This affordability allows investors to diversify portfolios without overexposure.
Entry Prices
The relatively weak ringgit (MYR) against USD, SGD, GBP, and EUR offers foreign buyers strong purchasing power. This makes both acquisition and ongoing costs — such as maintenance, taxes, and property management — considerably more affordable when compared to other regional or Western markets.
Currency Advantage
In addition to urban investment, destinations like Langkawi, Penang, and Sabah have become hotspots for resort property investment. With increasing demand for second homes, lifestyle-led developments in beachfront, hillside, or heritage areas are seeing renewed interest, especially among retirees from Singapore, Hong Kong, Europe, and Japan.
Resort & Retirement Appeal
Investment potential in Malaysia
Malaysia enjoys a tropical climate with year-round warmth (25–35°C) and abundant sunshine, perfect for those seeking an active, outdoor lifestyle. Nature lovers are spoiled for choice — from the soft, white sands of Langkawi and the coral reefs of Tioman to the lush rainforests of Taman Negara and the cool hills of Cameron Highlands. Whether it’s island-hopping, jungle trekking, or simply enjoying a sundowner by the beach, Malaysia offers a lifestyle closely tied to its diverse landscapes.
Malaysia has one of Asia’s top-rated healthcare systems, known for its affordability and quality. Modern private hospitals in Kuala Lumpur offer internationally accredited care . Medical tourism is a key industry, with treatments in cardiology, orthopaedics, and cosmetic procedures drawing patients from around the world. Wellness seekers will also find yoga retreats, spas, and wellness resorts throughout the country — especially in Penang & Langkawi.
Malaysia is a cultural mosaic shaped by Malay, Chinese, Indian, and indigenous traditions. This diversity is reflected in vibrant festivals like Chinese New Year, Deepavali, Hari Raya, and Thaipusam — all celebrated publicly with colour and joy. English is widely spoken, making day-to-day life accessible for foreigners. Most cities have established international schools, religious centres, and cultural clubs, creating a strong sense of community for expats and returnees.
Malaysia is a world-renowned food destination. From hawker stalls serving roti canai and nasi lemak to Michelin-listed restaurants in KL and Penang, the dining scene blends local heritage with global flair. Cities like Kuala Lumpur offer everything from upscale Japanese and French fine dining to authentic street food experiences. With influences from across Asia and beyond, eating out is both affordable and endlessly exciting.
Weather & Natural Beauty
Food & Dining
What are the buying costs in Malaysia
Stamp Duty: 4% flat rate on the property purchase price for foreign buyers. State Levy (in select states): Additional charges of 2–3% may apply in states like Penang, Johor, and Melaka. Legal Fees: Typically 0.5–1.0% of the purchase price, depending on the value and complexity of the transaction.
Quit Rent (Cukai Tanah): A nominal land tax, usually under RM100 (US$20) per year for condominiums. Assessment Tax (Cukai Pintu): Roughly 4–7% of the property’s estimated annual rental value. Paid twice yearly to local authorities. Rental Income Tax: Non-residents are taxed at a flat 30% on net rental income.
Real Property Gains Tax (RPGT): 30% if the property is sold within the first 5 years of ownership. 10% if sold after 5 years. RPGT is calculated on the net gain (selling price minus original purchase price and allowable expenses).
Pay Booking Fee
Choose your unit & Pay a booking fee (usually 2–3%) to reserve the property.
Within 14–21 days, you’ll sign the SPA and pay the balance of the 10% deposit. Your lawyer will review the agreement and ensure your rights are protected.
Apply for State Authority Consent
Your lawyer and the developer will submit an application for state consent to purchase (required for all foreign buyers). This typically takes 1–3 months depending on the state.
Progressive Stage Payments
Once state consent is granted, you will make progressive payments as construction milestones are completed. These are defined in the SPA and usually follow a fixed schedule.
Vacant Possession & Final Payments
Upon completion, you’ll receive vacant possession of the unit. Final payments such as balance of purchase price, utility deposits, and maintenance fees are made.
Title Registration
Once strata titles are issued (if applicable), the property will be registered in your name. This may happen post-completion depending on the project timeline.
What's next for Indonesia economy?
Malaysia is a regional shopping hub, with luxury malls like Pavilion KL, The Exchange TRX, and The Gardens Mall housing global brands alongside local designers. High-speed internet is widely available, and e-commerce is booming. Kuala Lumpur International Airport (KLIA) and budget hub KLIA2 offer excellent connectivity to the rest of Asia, making Malaysia a strategic base for business and travel alike.
What's next for Malaysia economy?
Malaysia offers one of Southeast Asia’s most resilient and diversified economies, with GDP growth reaching 5.1% in 2024, driven by strength in services, electronics manufacturing, petroleum, and tourism. The country maintains low inflation (around 1.8%), low unemployment, and continues to attract strong foreign direct investment, supported by a skilled workforce and pro-business environment. Malaysia’s economic outlook is reinforced by major infrastructure projects, including the MRT3 in Kuala Lumpur, the Johor Bahru–Singapore RTS Link (due by end-2026), and transformative urban developments like the Tun Razak Exchange (TRX). These initiatives are not only modernising the nation’s cities but also unlocking high-potential residential zones. The government’s commitment to future industries — such as semiconductors, electric vehicles, and green energy — is creating new employment hubs and driving urban migration. In parallel, the rebound in international tourism is boosting demand for short-term rental properties and resort-led developments across Langkawi, Penang, and Sabah. Together, these factors are strengthening Malaysia’s long-term real estate fundamentals, offering overseas buyers both security and upside in a growing, well-connected market.
Foreigners can lease land or property for 25–30 years, often with an option to extend. The long lease pprovides legal usage rights for the agreed period. This is a popular in Bali and Lombok, especially for villas & apartments. Leases are usually paid upfront and must be registered for legal protection. Value decreases as the lease term shortens, so clear extension terms are important.
Foreigners can lease land or property for 25–30 years, often with an option to extend. The long lease pprovides legal usage rights for the agreed period. This is a popular in Bali and Lombok, especially for villas & apartments. Leases are usually paid upfront and must be registered for legal protection. Value decreases as the lease term shortens, so clear extension terms are important
With a population of 8.6 million Malaysia’s capital city offers cosmopolitan living, with modern condominiums, international schools, shopping malls, and an efficient transit system. Areas like KLCC, Bangsar, and Mont Kiara are popular with expats. Infrastructure is well developed and the city is a hub for finance and commerce
A UNESCO heritage site and food capital of Malaysia, Penang combines beachside living with cultural heritage. Areas like Gurney Drive, Tanjung Tokong and Batu Ferringhi offer high-rise condominiums with sea views. It has excellent medical facilities and an established expat community
Just across the border from Singapore, Johor offers affordable homes and proximity to one of Asia’s wealthiest nations. With projects like Forest City, Puteri Harbour and the RTS (rail link) to Singapore coming in 2026, it is growing as a commuter and lifestyle hub
Daily Life: Settle into Malaysia
Experts in Malaysia Here for every step
Savills Malaysia is the largest and most experienced real estate practice throughout Malaysia. Savills is the only firm with local market research dating back to 1995 and provides developers, investors, owners and occupiers with comprehensive property services, which can’t be found in other agencies. The company consists of over 2500 experienced and professional staff nationwide and manages over 8 million sqm of property space.
Kuala Lumpur Malaysia
Sanjay Anantharajah
60123268357 sanjay.anantharajah@savills.com.my
Welcome to MELBOURNE
Australia, and in particular Melbourne, stands out as a premier destination for those seeking a high-quality lifestyle. The city’s unique blend of culture, cosmopolitan energy, and world-class amenities offers something for everyone. With its temperate climate, Melbourne enjoys four distinct seasons, making it an ideal environment for those who enjoy variety without extremes. The weather allows for outdoor living year-round, from the vibrant cafes in sunlit laneways to the picturesque parks and gardens. Whether it’s enjoying a warm summer’s day or a crisp winter’s afternoon, the city’s climate suits those seeking a balanced lifestyle.
Where to buy in Melbourne
Foreign buyers in Australia enjoy numerous residency benefits, making it an attractive destination. The high quality of life is a key draw, with world-class healthcare, a stable economy, and access to top-tier education and career opportunities. Cities like Melbourne and Sydney offer a blend of cosmopolitan living, cultural richness, and stunning natural landscapes.
Residency benefits
Melbourne’s strategic location offers excellent regional and global connectivity, making it a key hub for business and investment. Positioned on Australia’s southeast coast, it provides easy access to the fast-growing Asia-Pacific region, with direct flights to major global cities. The Port of Melbourne, Australia’s largest container port, further strengthens its position as a key trade gateway.
Melbourne is a prime destination for investors, driven by significant infrastructure projects that enhance growth potential. The Melbourne Metro Tunnel project, with a budget of $11 billion, will add 9 kilometres of underground rail, improving city connectivity and reducing congestion. Similarly, the West Gate Tunnel ($6.7 billion) will provide faster access to Melbourne’s port, easing traffic and boosting trade.
Investment in infrastructure
Australia, and particularly Melbourne, offers a secure environment for investors, backed by strong legal protections and a stable political system. The country’s well-established legal framework ensures that foreign investments are safeguarded, with clear property laws and a reliable judicial system. The Australian government also offers robust protections for property rights, providing peace of mind for both local and international investors. The nation’s commitment to transparency, anticorruption measures, and adherence to international agreements makes it one of the safest places for investment. Additionally, Melbourne’s real estate market benefits from a strong regulatory environment that promotes fair transactions and limits risks, making it an attractive destination for investors seeking both growth and security.
Safety and security
Investment potential in Melbourne
What are the buying costs in Melbourne
Interested in a mortgage? HSBC and ICBC have been the two prominent lending institutions to foreign owners buying property in Australia. Established Property: From 1 April 2025 to 31 March 2027, foreign persons are banned from purchasing established dwellings in Australia unless a limited exception applies. Verification of Identity (VOI) and Client Authorisation: Mandatory identity check for all parties. Foreign Investment Review Board: Approval needed for most purchases; exemptions apply off-the-plan. Stamp Duty: When you buy or acquire property in Victoria, you may have to pay land transfer duty (also known as stamp duty) which is 5.5% of the contract value. If you are a foreign purchaser and you acquire residential property, you may have to pay foreign purchaser additional duty. The foreign purchaser additional duty is a further 8% in addition to the land transfer duty.
What is a vacancy fee (National Fee): You pay a vacancy fee if: * Your property is vacant for 183 days ( 6 months) or more in a vacancy year. Fees are calculated when you lodge your vacancy fee return. Land Tax: Based on site value of all taxable land. Applies to investment, commercial, or vacant property. Foreign purchaser additional duty may still apply on top of land tax. Absentee Tax (State based fee): 4% from 2024 tax year, on land value. Vacant Residential Land Tax (State based Fee): Residential land with an existing home on it that is vacant for more than 6 months in the calendar year preceding the tax year. The fee is 1% of the CIP Capital Improved Value, not the land value.
Fees and duties in general: Property fees and duties in general are everchanging and it is prudent that you engage a good Melbourne lawyer who has vast experience with property and foreign buyers, in order to assist you with the process, obligations and fees involved.
General Fees and Duties
Property price agreement & Reservation
The buyer and seller agree on the property choice, upgrades and price. Most off the plan prices are not negotiable. However, sometimes incentives are available. The buyer signs a registration form and pays an initial deposit fee of between $2,000 and $5,000.
Contract Review & Signing
The developer/agent prepares a contract of sale, for you to have reviewed by your lawyer. Victorian contracts are comprehensive and can vary in length from 150 to 600 pages. Developers expect you to review and sign contract within a week from reservation. The developer/agent sends a contract, normally through an electronic format such as DocuSign, for signing.
Deposit
You will need to pay 10% of your contract price at contract signing or within a few days of signing.
FIRB Application Fee & Approval
If you are a foreign buyer, you will now need to apply for FIRB approval and pay your FIRB fee. A successful FIRB application generally takes 3 weeks from submission. Send through a copy of your FIRB approval with the fee receipt to the developers lawyer.
Off the plan updates
Developers and their agents will send construction updates usually every quarter or half yearly and at major milestones, keeping you up to date on progress.
Settlement
At settlement your lawyer will handle the balance of fees to be paid and will settle the property usually online using PEXA.
What's next for Melbourne's economy?
Melbourne’s economy remains robust, driven by key sectors such as technology, finance, healthcare, and education. With consistent GDP growth and a stable political environment, the city offers a solid foundation for long-term investment. Melbourne’s global trade connections and diverse industries ensure continued economic expansion, making it an attractive market for investors. Melbourne is undergoing significant infrastructure upgrades, including the Melbourne Metro Tunnel and West Gate Tunnel, which are enhancing connectivity and urban access. One notable development is the construction of Melbourne Airport’s third runway, a $1.9 billion project designed to accommodate the growing demand for international and domestic flights. This expansion will boost Melbourne’s position as a key global transport hub, improving both logistics and accessibility, which in turn supports economic growth and investor confidence. Melbourne’s residential real estate market is poised for growth over the next 5 years. Supply has been constrained to 8,100 apartments p.a. with the 10 year average at 13,400 and a vacancy rate of 1.5%. Where as the forecast Overseas Net Migration for Vic is project at 85,000+ for FY 25 to 28.
The City of Melbourne’s (CBD), Docklands, and Southbank are among the city’s most sought after cosmopolitan neighbourhoods, attracting high-net-worth buyers from all around the world. The CBD, known as the heart of the city, offers an unparalleled combination of luxury apartments, penthouses, and sophisticated living spaces that cater to those seeking a cosmopolitan lifestyle. Docklands, with its stunning waterfront views, is home to modern high-rise buildings and premium apartments with panoramic vistas of Melbourne’s iconic skyline. Southbank, renowned for its vibrant arts and cultural scene, also offers some of the city’s most stunning high rise vistas, making it an ideal location for those looking for a high-end, sophisticated living experience. These areas are especially attractive to foreign buyers seeking proximity to business, shopping, and cultural amenities in one of the most liveable cities in the world. What truly sets these locations apart is the lifestyle they offer. The Melbourne CBD and Southbank are surrounded by world-class dining, luxury shopping, and an array of entertainment options, making them hotspots for those looking to indulge in Melbourne’s dynamic cultural scene. Residents can walk to landmarks like the National Gallery of Victoria, Crown Casino, and the Royal Botanic Gardens, or experience the unique Melbourne laneway culture with its hidden bars and cafes. In Docklands, proximity to the Waterfront and the renowned Etihad Stadium adds an exciting layer of world-class entertainment and sports events.
Melbourne’s public transport system is one of the most extensive in Australia, with trains, trams, and buses that make commuting across the city and surrounding regions convenient. The public transport network is well-integrated, allowing easy access to different parts of the city. Melbourne is also connected by major roadways and highways, providing seamless access for those traveling by car. Melbourne Airport, located just outside the city, offers international and domestic flights, further enhancing the city’s connectivity and making it a key hub for both business and leisure travel.
Melbourne offers access to excellent healthcare services, with leading hospitals such as The Royal Melbourne Hospital and the Peter MacCallum Cancer Centre known for their expertise in specialized care. The city’s healthcare system is supported by a wide range of clinics, medical centres, and wellness facilities, providing comprehensive care for its residents. Melbourne’s healthcare infrastructure is continually evolving, ensuring residents benefit from advanced medical technologies and a high standard of care.
Melbourne’s cultural landscape is diverse and dynamic, offering a variety of experiences in dining, shopping, and the arts. The city is home to iconic institutions like the National Gallery of Victoria and the Melbourne Museum, as well as a robust live music and theatre scene. Melbourne’s cultural diversity is reflected in its food, festivals, and neighbourhood communities, providing residents with access to a rich mix of global influences and local talent. Annual events like the Melbourne International Comedy Festival and Melbourne Fashion Week further contribute to the city’s vibrant cultural life
Australia has the 4th highest number of top ranked Universities Globally, with six in the top 100. Melbourne is home to University of Melbourne (top 50) and Monash University top 100 and many other high quality Universities which offer a diverse range of disciplines and are highly regarded for its innovation and global partnerships. In addition to these world-class universities, Melbourne has a strong selection of public and private primary and secondary schools, catering to a variety of educational needs and curricula. The city’s education system is known for its excellence, offering a mix of traditional, progressive, and specialized learning environments, and is a key reason why many international students choose Melbourne to pursue higher education
Education
Daily Life: Settle into Melbourne
Experts in Melbourne Here for every step
At Savills Australia, we bring decades of experience and unmatched expertise in the Australian real estate market. Whether you are an investor, developer, or owner-occupier, our dedicated team is here to guide you through every step of the process with confidence and professionalism.
Melbourne
Michael Lang
+61 3 8686 8066 mlang@savills.com.au
Vietnam is a land of breathtaking landscapes, rich culture, and dynamic cities. From the bustling streets of Hanoi and Ho Chi Minh City to the serene beaches of Da Nang, Nha Trang, and Phu Quoc, the country offers a seamless blend of tradition and modern living. With its vibrant energy, diverse heritage, and world-class beach resorts, Vietnam is an exciting destination for both investment and lifestyle. Vietnam attracts global investors, holiday makers, and professionals seeking career opportunities in a dynamic environment. With a young, tech-savvy population, growing economy & rise in wealth Vietnam is fast becoming an established location for overseas buyers. Vietnam’s natural beauty is unmatched, from serene beaches and lush mountains to bustling cityscapes. Enjoy a tropical climate with year-round sunshine, world-famous cuisine. For those seeking a balanced lifestyle—rich in culture and natural beauty—Vietnam is the place to be.
Where to buy in the Vietnam
Vietnam’s stable political environment and rapidly growing economy, driven by manufacturing, domestic consumption, and global trade integration, has created a strong demand for investment. 2024 saw $38 billion foreign direct investment & 7.09% GDP.
Strategically positioned in Southeast Asia, Vietnam serves as a gateway to a rapidly growing market. Its extensive coastline, well-connected transport network, and participation in numerous free trade agreements offer significant logistical advantages and enhance its appeal as a regional hub.
The real estate market in Q4/2024 saw a supply rebound, but affordable housing remained scarce. While new supply and sales increased, premium projects dominated, driving prices higher. Budget-conscious buyers increasingly turned to neighboring provinces like Binh Duong due to rising costs in the city. Looking ahead, significant new supply is expected, with Grade B units leading the market and Thu Duc City emerging as a key development hub.
2024 saw 17.6 million tourists, marking a 40% YoY increase. This resurgence has boosted hospitality, retail, and entertainment demand. Ho Chi Minh City, Hanoi, Da Nang, and Phu Quoc are amongst the key destinations for tourism. As a result, the short-term rental market is expanding rapidly and branded residences are growing in popularity among both tourists and those purchasing for holiday homes. This increasing demand presents opportunities for investors to capitalise on Vietnam’s thriving tourism.
Investment potential in the Vietnam
Vietnam A Market Poised for Growth
2025 saw the opening of Ho Chi Minh City’s first metro line, a 19.7km route linking District 1 to Thu Duc City, cutting commute times and easing congestion. Meanwhile, the $13.38 billion Long Thành International Airport will further boost connectivity. Phase One (2026) includes two runways and a terminal for 25M passengers, expanding to 50M by 2030 and 100M at full completion. The North–South High-Speed Railway announced in 2024 is a $67 billion high-speed rail project will slash travel time between Hanoi and Ho Chi Minh City from 30 hours to just five.
The industrial property sector continues to surge, with industrial land lease rates rising by over 10% year-on-year due to increasing demand from multinational manufacturers. This trend is fueled by supply chain diversification, positioning Vietnam as a key destination for logistics and high-tech industries.
Vietnam is emerging as a high-tech powerhouse, with a 50% subsidy on $125M+ projects and a new Digital Technology Industry Law fueling growth. Nvidia is launching an AI R&D center, Amkor is tripling semiconductor output, and Saigon Hi-Tech Park thrives with $2B+ in investment.
What are the cost of buying in the Vietnam
Purchase Tax: 10% VAT is taxed on any sale of property by local or foreigners. Registration Fee: 0.5% registration tax for obtaining the house ownership certificate on the apartment value. Rental Tax: Foreign landlords in Vietnam earning over VND 100 million ($4,000 USD) per year in rental income must pay a 10% tax—5% Personal Income Tax (PIT) and 5% Value-Added Tax (VAT)—on total rental earnings. Additionally, a small Business License Tax (BLT) of $12–$42 per year may apply. Capital Gains Tax: 2% of sale price at flat rate applied to all sales.
Maintenance Fee: commonly referred to as “sinking fund”, is a fund contributed by buyers of a development to maintain commonly owned areas of the development. It is used for major capital expenditures in the common area of the building and overhauls of commonly owned areas in order to preserve quality. Currently the sinking fund is 2% one off payment of the apartment price before VAT. Notary Fees: When buying a property in Vietnam, the sales contract must be notarised to be legally recognised. Notary fees are charged based on the property’s value and typically range from 0.05% to 0.1% of the total property price. These fees cover the legal verification of documents to ensure ownership transfer is legitimate and binding.
Apartment Condominiums: 30% of total units in one apartment development to overseas purchasers. Landed Houses/ Villa: 10% of total landed project (villas and houses) in a landed project or 250 landed property units in one administrative ward
Experts in the Vietnam Here for every step
Savills Vietnam is the largest and most experienced real estate practice throughout Vietnam. Savills is the only firm with local market research dating back to 1995 and provides developers, investors, owners and occupiers with comprehensive property services, which can’t be found in other agencies. The company consists of over 2500 experienced and professional staff nationwide and manages over 8 million sqm of property space.
