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Apartment segment: it is still easy profit?

According to surveys on real estate market in recent time, apartment supply is declining sharply, which is said to be the cause for new projects to increase prices. However, in reality, the market also records slowdown in trade volume, and many investors have to sell at losses their apartments at many projects Talking about this reality, Nguyen Hoai An, Director of property consulting, managing firm CBRE Hanoi, said one of the reasons is that secondary apartment prices do not meet home-buyers’ demand. Furthermore, apartment conflicts are also common, shaking home-buyers’ confidence, affecting residents’ life and products’ values. Meanwhile, Duong Duc Hien, Housing Director of Savills in North and Central regions, said that real estate is not a short-term investment channel, as it can only achieve short-term success if both supply and demand are high.