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Real estate has it easier thanks to the disappearance of hoarders

After a long time of being frozen, Hanoi real estate markets is now witnessing encouraging results in both liquidity and price thanks to property investors being more “serious” and the disappearance of property hoarders. According to CBRE Vietnam’s report, in 2nd quarter, Hanoi market had new projects launched for sale with 2,600 apartment units, especially mid-end or nearly-finished ones increasing the home supply by 70pct compared to early this year. Meanwhile, villa and terraced house segments located in Hanoi new urban areas had 115 units launched for sale from three projects The Premier (Cau Giay District), Gamuda Gardens (Hoang Mai District) and Lam Vien (Gia Lam District).

 

Source : vneconomy