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Attractive returns may drive investors to the luxury segment but as prime property market refines and evolves, developers and products will be filtered.
The grade-C apartments which are priced at under $50,000 are sold well, accounting for 73 per cent of the segment's liquidity, followed by grade-A ones with prices below $100,000, according to Savills Hanoi's report.
Long Bien District enjoys great potential as transport connections and utility infrastructure have been radically improved.
The different patterns that both markets followed in 2017, along with the characteristics of each, have offered Hanoi and Ho Chi Minh City (HCMC) distinct advantages for their own residential market segments, according to Duong Duc Hien, Director of Residential Sales of Savills Hanoi.
