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Market information investors need to know on investing in Vietnam properties in the upcoming time

Understanding movements in the property markets is essential to real estate investors. Dung Duong, Director of Research and Consulting at CBRE Vietnam said that Hanoi and HCMC real estate markets in H1-2016 recorded many notable movements. Statistics from CBRE showed that the condominium market saw a continued strong increase in launch supply o a q-o-q basis but a minor drop on a y-o-y basis. For office sector, Hanoi and HCMC market witnessed certain differences in terms of supply. While HCMC market saw no new building, Hanoi market welcomed two new grade B offices Handico Tower and 789 Tower came on stream. Meanwhile, the retail sector witnessed positive signals in occupancy rate in both two cities. In a research conducted by CBRE Asia – Pacific, Vietnam ranks 42th in term of percentage of the presence of international retailers in 2015.