An Vũ / edited by Phuc Nguyen

Ho Chi Minh city real estate market 2019: Thousands of apartments will be opened for sale

Ho Chi Minh city real estate market 2019: Thousands of apartments will be opened for sale

Market

According to the latest data from market research units, thousands of apartments will be opened for sale to meet housing demand in Ho Chi Minh city in 2019.

President of VNREA Nguyen Tran Nam: “The 2019 real estate market will be more organized and stable”

President of VNREA Nguyen Tran Nam: “The 2019 real estate market will be more organized and stable”

VNRea News

“In 2019, the real estate will be more organized and stable. Despite the lack of supply, housing products are sufficient and mid- to long-term demand is quite good”, President of Vietnam National Real Estate Association Nguyen Tran Nam said.

Demand for “the home” dominates, luxury condo sinks

Demand for “the home” dominates, luxury condo sinks

Investment

By the end of the third quarter 2018, the market recorded housing products that meet actual needs to have the best consumption rate. On the other hand, despite many sales tactics, luxury apartments still under-performed. This is because an ideal home is now vastly different when focus is placed on reasonable price, multi-purpose spaces and the surrounding utilities.

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