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.
Vientiane. Image: Shutterstock