The supply of new apartments in Hanoi increased fourfold in the second quarter of 2024 from the previous quarter, according to the global commercial real estate services company CBRE Vietnam. Hanoi is projected to offer over 20,000 new apartment units by 2026, statistics showed. The increases supply is expected to prevent the prices of apartments from “skyrocketing” and help buyers have more choices. Meanwhile, apartment supply in Ho Chi Minh City remained limited in the second quarter as nearly 1,200 new apartments were opened for sale which mainly located in the eastern and southern areas of the city.
Source: Vietnam News Agency