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Apartment sales in city edge up in Q3

HCMC – Around 3,300 apartments were sold in HCMC in the third quarter of this year, rising 8.6% against the previous quarter and 94.88% over a year ago, CBRE Vietnam said.


Previously, the company reported nearly 6,000 apartments found buyers in the city in the first and second quarter.


According to its latest market research report, apartment sales in the city increased as home buyers have regained confidence, helping investors sell their products.


With the better market situation, the primary and secondary markets saw apartment prices in the third quarter edging up 1-4% over the previous quarter and 1.2-5.4% compared to the same period last year.


In the third quarter, sales events attracted many visitors although the number of apartments on sale fell 8.8% over the second quarter.


Apartment projects for sale in July-September included the 8X Plus project of Hung Thinh Corporation with 600 apartments in District 12, over 200 apartments of the Tropic Garden project in District 2 invested by Novaland, and 2,695 apartments of the Vista Verde project in District 2 belonging to CapitaLand and Thien Duc Group.


Source: Saigontimes