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Hanoi real estate: Increase supply of affordable apartments, villa prices cool down

CBRE Vietnam’s highlights of Hanoi real estate market in Q1 2017 showed that new apartment launches in the affordable segment increased three-fold compared to Q4 2016; while villa and terraced housing prices showed signals of cool down, slightly decreasing by 1.8pct q-o-q. CBRE forecasts that the West and Southwest of Hanoi will continue to have the highest supply. Other areas like Tay Ho and Dong Da – Ba Dinh will also see more high-quality projects.