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Apartment launch in Ho Chi Minh City drops to lowest level in three years

There were only 12 newly launched projects in Ho Chi Minh condominium market in the first quarter of 2019, dropping significantly due to long Tet holiday and slow licensing process, according to CBRE.

Condominium market in Ho Chi Minh City recorded sustainable growth as the east and south are forecasted to be hotspots

Even though the total new supply of condominium in Ho Chi Minh City (HCMC) showed a decrease last year, good product configuration helps the market to maintain a good absorption.

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