13/07/2019
The Increase In Apartment Price In 2019 Still?
Mrs. Hang Do, The Head of Market Research in CBRE, said
“2 years later, the selling price of the apartment will have been constantly going up. However, the amplitude is slightly stable.”
Having the same opinion with Mrs.Hang Do, Mrs. Dung Thuy, Vice President Of CBRE Vietnam, firmly confirmed that, throughout the 6 months prior to the end of the year, because of the lack of supply, the selling price of apartment keeps increasing.
Let’s discover more about why the price has been booming?
The increase in the price of the apartment is not caused by the decrease in supply; indeed, it has happened due to the strictly auditing policy. Recently, there is a special phenomenon, the demand of buying apartments keeps growing, which is proven by the fact that in Q2 2019, the amount of the sold apartment is higher than the amount of the available slots for booking apartment. Based on this source of information, Mrs. Dung Thuy, confidently forecast that the price is going up until the end of 2019.
In conclusion, Mrs. Dung also informed that the current ratio of the increase in price in Ha Noi has fluctuated from 1 to 4%; meanwhile, in Ho Chi Minh City, the increasing fluctuation ratio is from 8% to 10%. Therefore, in term of pricing, the quality of the apartment, 2019 is the perfect year for buyers to purchase an apartment, especially with the purpose of living.
13th July 2019
Source: CafeF
Translator: Hailee Nguyen