Home   »   Property News   »   Affordable housing taken up
Affordable housing taken up

“The participation of major property investors will make the affordable housing segment change in terms of not only quantity, but also quality”, said Nguyen Hoai An, Director of Professional Services at CBRE Vietnam. As CBRE Vietnam has mentioned in its previous reports, the real estate market in 2016 witnesses the trend leaning towards high-end properties with many outstanding projects, while the affordable segment only accounted for 11pct of total products launched for sale, down 63pct y-o-y. However, it is forecasted that 2017 will see the increase in affordable housing supply up to 40pct.