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QII, 4,860 apartments have successful transactions, 20% up q-o-q

On June 28, CBRE Vietnam held a press conference to overview Hanoi real estate market in Q2-2016. The company's statistics show that the city's Q2-2015 recorded 6,100 apartments launched for sale from 17 projects, up 19pct q-o-q, but down 23pct y-o-y. It was estimated to see 4,860 units successfully traded, up 20pct q-o-q, and down 7.2pct y-o-y. In H1-2016, the apartment transactions reached up to 8,900 units, in which 40pct of them were from mid-end segment.