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Real estate enterprises in HCMC turning their investing direction

Starting early 2016, real estate market is seeing changes. Especially, banks tighten property credit makes property firms in HCMC have to seek new directions to develop. According to Nguyen Hoai An, Director of Research at CBRE Vietnam, the renovation of firms will allow better advantages for them in late 2016, when Circular 06 begins to have stronger influence on real estate market. When that happens, property firms with new directions will not be affected strongly by capital refund or declined transactions.