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Interview: “HCMC: The market was down but only short term, waiting for breakthrough of luxury housing segment”

“The HCMC condominium market started the first quarter of 2017 quietly with a reduction in new launches and sold units across all segments, especially in the high-end and luxury segments. This trend was also observed in the first quarter in 2015 while developers were reviewing their projects and strategies. CBRE believes that the number of launches will return to the usual level in subsequent quarters,” said Duong Thuy Dung, Director of Research and Consulting, #CBREVietnam at our press briefing last week.