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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