Property News · September 23, 2020

Vietnam homes sales, rents and supply all fell in first half, but its property sector remains attractive thanks to successful coronavirus response


Home sales in Vietnam’s major cities fell by between 40 per cent and 60 per cent in the first half of this year, while rents retreated by 40 per cent, according to Cushman & Wakefield Vietnam.“Launches of new projects were naturally lower than at the same point last year, down 30 per cent and 60 per cent in Hanoi and Ho Chi Minh City, respectively … as buyers became more cautious,” Alex Crane, Cushman & Wakefield Vietnam’s managing director, said. “This is despite developers offering attractive…

Source : South China Morning Post
Read more…Vietnam homes sales, rents and supply all fell in first half, but its property sector remains attractive thanks to successful coronavirus response