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HCMC apartment prices drop further as investors seek to cut losses

HCMC apartment prices drop further as investors seek to cut losses

Apartment investors and speculators in HCMC are now willing to accept losses of VND500-600 million (US$20,800-25,000), compared to the earlier VND300 million, to dispose of their units.

HCMC apartment sales hit 3-year low

HCMC apartment sales hit 3-year low

Only 177 apartments were sold in HCMC in August, the lowest number in three years, according to property consultancy DKRA Vietnam.

HCMC serviced apartment market recovering

HCMC serviced apartment market recovering

Serviced apartment rents in HCMC’s central districts have risen by 6-8% year-on-year as of this month while the occupancy rate has doubled.

September 13, 2022 | 12:02 am PT

HCMC apartment sales dry up on volatility, banks’ credit tightening

HCMC apartment sales dry up on volatility, banks’ credit tightening

New apartment sales in HCMC plunged to their lowest levels this year as investors became wary of the market volatility and banks tightened credit.

August 12, 2022 | 04:36 pm PT

New apartment prices rise, but resale prices down

New apartment prices rise, but resale prices down

Prices of new apartments in HCMC jumped by 8-15 percent in the second quarter but the secondary market slumped.

July 11, 2022 | 05:05 pm PT

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