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Real estate transparency inches up


SINGAPORE — Viet Nam has made some improvement in its level of real estate transparency, according to a biennial report by a global property services firm.

The Global Real Estate Transparency Index from Jones Lang LaSalle, which provides a rigorous framework for comparing the level of real estate transparency in 82 countries, assesses five key attributes.

These are performance measurement, market fundamentals, listed vehicles, legal and regulatory environment, and the transaction process. On a scale of one to five, one is the highest level of transparency.

Countries were classified into five groups: high tier, transparent tier, semi-transparent tier, low-transparent tier, and opaque transparent tier. more...

Link: http://www.starproject.com.sg/singapore-real-estate.htm

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