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Real estate market 2017: The game of rich and experienced giant developers?

According to Duong Thuy Dung, Head of Research and Consulting at CBRE Vietnam, at the workshop “Vietnam Economy Scenario 2017” held by Central Economy Committee and Vietnam Economic Times last week, real estate market in 2017 will continue to be lively, but also face more hardship than previous years. There will be more projects on sales, diversified in segments and locations. However, due to a large number of projects developed in 2015-2016, it is likely that 2017 market has to face with risk of saturation. Compared to 2015 and 2016, this year will see fierce competition between property giants due to risk of oversupply, and there will be more losers than winners in 2017.