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Danang: apartments have price drops in all segments

According to CBRE Vietnam’s survey, in 2nd quarter of 2014, Danang real estate market showed signs of prosperity in apartment segment with sharp rise in the number of transactions, especially from finished projects like Hyatt Regency, Azura, Fusions Suites… Apartment sales rate also increased by 32.1pct quarter-on-quarter, to which low-cost apartment segment accounted the most. The reasons for the recent boost in the market are thanks to stable economy, loosened housing credit, potentials of buy-to-let apartment segment and the city’s tourism season spanning from April to late August.

 

Source : Cafef