HCM City bet88 kèo supply 3,000 new apartments in Q4

Some 3,000 new apartments are expected bet88 kèo be put on sale in Ho Chi Minh City in the last quarter of 2024, bringing the total new supply for the whole year bet88 kèo 5,000, according bet88 kèo real estate consultants CBRE Vietnam.

The figure is expected bet88 kèo double bet88 kèo nearly 10,000 in 2025.

The housing supply, however, still failed bet88 kèo meet demand in the southern metropolis, according bet88 kèo Mr. Vo Huy Tuan Kiet, head of the residential project marketing department at CBRE Vietnam.

It resulted in persistent high prices that make even interested investors hesitate, he said, adding that developers would likely wait until at least the last quarter of the year or early 2025 bet88 kèo sell new products.

By the end of the third quarter, the primary price of apartments in the city reached VND66 million (,637) per sq m, up 4% compared bet88 kèo the previous quarter and 8% year-on-year.

In the secondary market, the apartments saw the average selling prices increase 3% from the previous quarter and 5% from the same period last year bet88 kèo reach VND48 million (,918) per sq m.

Mid-priced apartments costing VND3-5 billion (US1,000-202,000) accounted for 66% of the transactions.

The low demand has caused many property developers bet88 kèo offer promotions or favorable payment policies bet88 kèo attract buyers.