The report states that cheap apartments in Ho Chi Minh City (under 30 million VND / m2) are now dead since the end of 2019. Besides, apartments priced under 2 billion VND are also showing signs of being “extinct. “. This makes many low-income people unable to buy an apartment.
Also according to this report, in the first 3 months of the year, in Ho Chi Minh City, 1,960 luxury and mid-end apartments were sold, of which nearly 90% are concentrated in Thu Duc City (Eastern Area of Ho Chi Minh City).
Meanwhile, the land plot segment in Ho Chi Minh City in the past 6 months has not opened for sale. As the clean land fund in Ho Chi Minh City is increasingly scarce, the suburban land market continues to hold a key position. Typically, the land plot market in Long An province is very active, the average price is up to nearly 50 million VND / m2.
Source: nld.com.vn – Translated by fintel.vn