Mekong momentum: is Laos real estate waking up?

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

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Vientiane. Image: Shutterstock