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Should be careful in investing in apartments

Apartment supply that is higher than the number of successfully-sold apartments in 2016 will be launched in HCMC real estate market in 2017, said CBRE Vietnam in a forecast. According to Duong Thuy Dung, Director of Research and Consulting at CBRE Vietnam, both domestic investors and joint ventures are executing man positive activities in modifying their projects to following market trend. For example, Vingroup plans to launch the sales of two affordable projects in District 9 and Binh Chanh District. Some property investors who used to developed only high-end segment is now interest in more affordable segments. Good absorption rate in affordable and