With positive signs in liquidity on the horizon in the local real estate market, townwhouses appear a promising investment channel with fairly good yield rates.
In August 2019, demand of Batdongsan.com.vn’s users for most types of real estate for sale and rent increased. Only demand for rental apartments saw a decline after its sharp increase in the previous month.
Secondary market for landed-property in both Hanoi and Ho Chi Minh City (HCMC) maintained healthy growth in the first half amidst limited inventory, thanks to new emerging locations, according to CBRE Vietnam.
Although 1Q2019 was a quiet period for the condominium market, the mid-end and affordable segments have begun to gain prominence in the second quarter. Meanwhile, landed-property is expecting new wave of supply.
The number of town houses and villas put up for sale in Hanoi in the first quarter rose to 2,600, a record high in three years, property consultancy CBRE Vietnam said on April 10.
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.