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Property investors enter new competition

Q4 of the year is often the peak season for property firms to launch projects for sale with many promotions, along with banks providing incentive housing loans to year-end home buyers. However, banking credit this year is limited, forcing investors to have resort other measures to compete. According to Duong Thuy Dung, Director of Research and Consulting at CBRE Vietnam, an interesting fact is that the year-end real estate market will see the appearance of new players with good-liquidity products. She said that the market is witnessing a new competition, in which investors who can adapt with the market and customer demand will succeed.