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CBRE experts recommend apartment-for-hire investors to apply the method “Kill it with its own weapon”

At the workshop “Apartment-for-hire market – Opportunity and Challenge” held by CBRE Vietnam on August 19, Vo Huynh Tuan Kiet – Deputy Director and Head of Housing Project Marketing at the company – said that even with the abundant supply of high-end apartments since 2015, supply for serviced apartments and apartments-for-hire will continue to grow strong in 2017-2019. Aside from opportunities, however, property-for-hire segment also faces big risks that affect prices. However, the expert said that there are still some projects that have with stable prices, or even have price rises thanks to investor’s reputation.