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Serviced apartments may up 10pct in prices in 2016

According to CBRE Vietnam, in 12 upcoming month, together with the market penetration of global managing corporations, average rental prices of serviced apartments in HCMC may hike by 5-10pct. CBRE evaluates that serviced apartment segment still has strong attraction in the market, as there are more and more collaboration projects between domestic firms and international managing firms, or local experienced companies.