It is forecasted that the supply of apartments in Ho Chi Minh City will be limited next year. The primary price will continue to increase by 5-10% per year in the mid-end segment and increase sharply in the high-end segment.
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Housing prices in HCMC tend to increase sharply, there are some areas that rise beyond Hanoi. This reflects the fact that the real estate market in HCMC is much more attractive than in Hanoi.
WHAT DO YOU KNOW ABOUT VIETNAM?
Vietnam’s reinvention as Southeast Asia’s most exciting tourist destination has long since been complete. This is young, growing, and anything feels possible.
Vietnam is one of the stars of the emerging markets universe. Its economic growth of 6-7% rivals China, and it exports are worth as much as the total value of its GDP.
Vietnam is fastly becoming the region’s hottest property market for Hongkongese, Taiwanese, Japanese, Singaporean and many Chinese investor, as prices at home continue to go through the roof.