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Mekong momentum: is Laos real estate waking up?

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Long regarded as one of Asia’s least dynamic property markets, Vientiane is now giving lie to its sleepy reputation. But is the city equipped to service a full-scale boom?

Vientiane is a city that has never lacked in tropical charm. Monks in saffron robes flit between gold-spired temples, while the mighty Mekong River provides an impressively exotic centrepiece. Yet perhaps the most striking visual element — at least to long-term residents and observers who know it as a resolutely somnolent backwater — are the cranes that have begun to dominate the skyline.

Source:Property Report

Read More:http://www.property-report.com/mekong-momentum-is-laos-real-estate-waking-up/laos

Vientiane. Image: Shutterstock