Weekly Vietnam Property News (27/9 – 4/10/2020)
Property News: District 9 house prices ‘catch up’ District 2 The primary supply of low-rise real estate in East Ho Chi Minh City (District 2, 9, Thu Duc) continued to lead the market in the first quarter, according to data from DKRA Vietnam. A total of 15 projects corresponding to 1,150 units have been launched, accounting for 60% of the primary stock. Along with that, the amount of consumption in the East is also higher than that of the other 3 regions (414 units, equivalent to 36%). These figures show that the low-rise market in the East is really attractive to buyers, real estate prices have also seen a remarkable shift. Ho Chi Minh City East thrives The opening of Ho Chi Minh City’s first metro line and the creation of a new city in the East through the merger of districts 2, 9, and Thu Duc will boost the housing market. local and create more opportunities for developers, user investors in the coming years. The East area of Ho Chi Minh City contains another magnet for real e...