Vietnam: Ho Chih Minh City apartment market lacks new supply of affordable units


Apartment buildings in HCM City. - Vietnam News/ANN

HANOI, April 26 (*Vietnam News/ANN): High and mid-priced apartment projects continued to lead the Ho Chih Minh City market in terms of new supply in the first quarter, with affordable units remaining scarce, according to real estate consulting firms.

With 4,900 units, primary stock was down 56 per cent quarter-on-quarter and 31 per cent year-on-year, according to Savills Vietnam’s quarterly report on the city property market.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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