Investors are expecting the public housing segment with prices ranging around 21 million m2 exciting again.
According to statistics of the real estate trading floor in 2011, despite difficult but successful transaction volume of the small flat area, the average price is still very active even apartment is located far from Van Canh as regional center, extended Le Van Luong, Tu Liem, Long Bien or ...
Housing prices have fallen 20-30% but still less transactions. Photo: As Italy.
By end of 2011 so far, housing prices in Hanoi market has plummeted from 20-30%, but very few transactions. Most owners of condominium projects, especially high-rise apartment to accept up to 35% discount to recover capital, bank debt. It is well recognized in the near future, the housing market remains difficult, real estate prices can be reduced further, to better suit the real needs of customers, then it will slow down and sideways.
The number of apartments in Hanoi remaining 16,000 units, while the apartments offer new plans in 2012 to more than 22,000 units. In particular, investors are targeting customers who have real needs, focusing on the flat area between 40-70m2 with approximately 1 billion.
Besides the supply of existing apartments, office leasing market is "ế" the vacancy rate increased to 48%. In addition, the vacancy rate in hotel projects and apartment rental services in the western region which would be increased, due to large supply soon be added.
Investors said that the 2012 will be a year that investors can achieve the return on real estate market. Because the market has declined for 3 consecutive years, customers no longer keen on the market.
According to Vietnamese Land
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