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Originally Posted by 10 cc
i know a female friend who just bought a condo in Pham Vit Chan (not sure about the spelling) that cost her US$50,000 for a 600 sq ft 2 bedroom unit, kind of ex isn't it?
i have a local friend who bought a piece of land outside the city 2 years back, and is now worth 2.5 times what he paid for it then.
so i guess the locals are right in investing on landed property...
but generally, property price here is crazy. much much more then, say, KL.
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Yea, many US$ millionaires were made out of the property boom for the past few years. Now they are turning their heads to other districts like district 7 and 12, which they believe will lead the next stage of property boom. But too bad, foreigners like us cannot buy land, unless we have a company there and buy it under company's name.