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No affordable apartments launched in HCMC

snoop1130

By snoop1130
in Vietnam News

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snoop1130

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WEBDJI0535-1638437449-5959-1638438385_r_680x408.jpg

Apartment buildings in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

 

No affordable apartments were launched in HCMC in October, while the high-end segment dominates new supply, showing an imbalance in the market.

 

Of the 371 new apartments launched across five projects, Grade A (high-end) accounted for 79 percent, while the rest are luxury apartments, according to a report by real estate developer DKRA Vietnam.

 

Thu Duc City accounted for 95 percent of new supply.

 

Full Story: https://e.vnexpress.net/news/business/industries/no-affordable-apartments-launched-in-hcmc-4397672.html

 

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-- © Copyright VN Express 2021-12-03

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