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Q2-2018: apartment segment in HCMC will be lively in East and South Saigon

Reviewing potential of apartment segment in HCMC this year, CBRE Vietnam’s representative said that future supply will continue to expand toward non-CBD areas but with convenient traffic connectivity. Regarding of sales, 2018 will see an increase of 9pct y-o-y in supply, reaching 28,000 units, mainly from mid-end segment. Especially, investors will continue to pay attention on high-end projects in CBDs thanks to good hireability. Meanwhile, home-buyers will focus more on safety, fire prevention system, product quality and surrounding utilities. East Saigon and South Saigon will continue to be HCMC’s attention-magnet this year, with many new projects consecutively launched for sale.