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HCMC real estate market: Why is there such a paradox?

HCMC real estate market witnessed waves with opposite directions. Aside from suspended projects, there are projects that received huge attention when just announcing sample homes. In early October, CBRE Vietnam announced their surveys on HCMC real estate market in Q3-2014, saying that previous records in the market have been broken. CBRE said that the market had 3,104 apartments launched for sale, up 95.8 pct. , and the number of successfully-sold apartments increased by 8.6pct quarter-on-quarter and 94.8pct year-on-year with primary prices in all segments rose by 1.2-5.4pct year-on-year.

 

Source: Citinews