Vietnam’s realty companies eye robust revenue growth in 2025, and other updates

For PropertyGuru’s real estate news roundup, experts are eyeing substantial revenue growth of 25 to 50 percent for Vietnam’s real estate companies in 2025. In other news, Malaysia’s 2024 real estate transactions far exceeded the initial target of RM100 billion, said Minister of Housing and Local Government Nga Kor Ming. Lastly, BDx Data Centers has announced the launch of its fifth data centre in Indonesia.

Realty companies in Vietnam expect up to 50 percent revenue growth in 2025

In an optimistic turn for the real estate industry, experts are eyeing substantial revenue growth of 25 to 50 percent for real estate companies in 2025. The VIS Rating, a reputable financial source, anticipates a surge in sales revenue primarily driven by high-end projects with robust profit margins. Leading the charge are major investors like Vinhomes, Khang Dien House, Dat Xanh Group, and Nam Long Investment Corporation, with ambitious plans for increased sales in major cities. According to VietnamPlus, the rating firm foresees a boost in the supply of new housing units this year, predominantly in the upscale segment.

Property transactions hit MYR217 billion in 2024, far exceeding initial target — minister

Malaysia’s real estate transactions value hit MYR217.46 billion in 2024, far exceeding the initial target of RM100 billion set at the beginning of the year, said Minister of Housing and Local Government Nga Kor Ming. He said this remarkable achievement shows a significant increase compared to previous years. “This increase reflects the strength of the country’s real estate sector, driven by several key factors including low interest rates, positive investor sentiment, and increasingly stable economic prospects. Apart from that, the confidence of both local and foreign investors in the Malaysian real estate market continues to grow, strengthening the position of this sector as one of the main contributors to the nation’s economy,” he said in The Edge Malaysia.

BDx opens fifth data centre in Indonesia’s Jakarta

BDx Data Centers has announced the launch of its fifth data centre in Indonesia, aiming to significantly expand its footprint in the region’s digital infrastructure. The new facility, the CGK 3A campus, is in Southern Jakarta. This development marks a key part of BDx’s plan to establish a dozen more data centres across Indonesia within the next few years. These sites will be strategically situated in major cities, including Jakarta, Surabaya, Batam, Medan, Makassar, Bandung, and Semarang, with a targeted capacity of 250 MW over the next two years. In a further development, DataCenterNews Asia reports that BDx Data Centers has partnered with the Association of Indonesia Internet Service Providers (APJII) to strengthen Indonesia’s digital ecosystem.

The Property Report editors wrote this article. For more information, email: [email protected].