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CBRE: many ultra-projects will appear around metro line

According to CBRE Vietnam, the first metro line in HCMC expected to become operational in 2020 will cause great movements in the city's real estate market. Commenting on the influence on land usage, Duong Thuy Dung, Head of Market Research and Development Consultancy at CBRE Vietnam, better traffic connections will enable commercial activities to move outside of the crowded CBD areas, allowing to control and manage rental prices more effectively. She expected that new commercial project clusters will be developed along the metro line, especially mid-end projects.