Sapa status upgrade creates opportunities for property investorsSapa’s upcoming achievement of town status will pave the way for more opportunities for investors in the real estate market. As Sapa’s land funds are growing increasingly scarce and land prices are going through the roof, investors are eyeing areas within a two-kilometre radius from Sapa centre. Investors claim this is the right time to step ahead because once Sapa district officially receives the town status, the central area will grow and current bordering areas will further appreciate. In the past three years, Sapa land price has triple, from VND90 million per square meter (m2) to VND150-160 million m2. Besides, experts also claim that with strong transport infrastructure and the planning of the town, Sapa will certainly become an attractive destination for real estate investors.