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CBRE: Mid-range apartment absorption rate is overwhelming in Q3

In Q3 2016, there was 68pct of the city’s total apartment supply and 50pct of total successfully-traded apartments in mid-range segment, leading the HCMC apartment market, according to CBRE Vietnam. CBRE said that contributing the most in the segment are projects developed by experienced property investors with suitable sales strategies and payment methods, as well as strong salespeople to increase absorption rate.