Property prices in Vientiane up 15% | Bangkok Post: business

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Property prices soar in Lao capital

Property prices in Vientiane rose up to 15% last year, bolstered by foreign-funded development projects and growing confidence in the economy, state media said Thursday.

Vientiane, Laos (EPA photo)

Houmphan Sayalath, managing director of RentsBuy.com, a leading real estate agent, said land prices in town rose 10 to 15% and 50% along the Mekong River bank, the Vientiane Times reported.

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