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Fierce competition in retail property scene
Fierce competition in retail property scene

Although e-commerce is evolving rapidly, 90 per cent of retail revenue comes from shops and shopping centres, which made the real estate segment for retail leasing vibrant.

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CBRE Releases Q2 2019 Quarterly Report Highlights Ho Chi Minh City Market
CBRE Releases Q2 2019 Quarterly Report Highlights Ho Chi Minh City Market

In Q2, HCMC welcomed one new project (TNL Plaza, District 4) and one expansion (Aeon Celadon City, Tan Phu District), adding a total of 47,179 sq.m new supply to the market. Total accumulated supply is 1,050,000 sq.m from 58 projects, the highest in Vietnam, followed by Hanoi at the second place with 930,000 sqm. Currently, all other cities in Vietnam have less than 100,000 sq.m of modern retail NLA each.

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CBRE Releases Q2 2019 Quarterly Report Highlights Hanoi Market
CBRE Releases Q2 2019 Quarterly Report Highlights Hanoi Market

In Q2 2019, there were approximately 6,400 units launched in Hanoi leading to a total new launch during 6M 2019 of around 17,700 units – one of the busiest 6M periods recorded. In terms of segment, mid-end and affordable dominated the market covering 98% of total new launch. There were only two high-end projects launched in Q2 2019 in Tay Ho area.

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BUSINESS NEWS 25/7
BUSINESS NEWS 25/7

Experts have high hopes for inflation scenarios

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Pillars to fuel HCMC real estate market
Pillars to fuel HCMC real estate market

Ho Chi Minh City would see its real estate market enjoy thriving developments buoyed by promising segments, foreign-invested real estate service providers have noted.

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Sales lauching for shoplots and last apartments of Q2 Thao Dien
Sales lauching for shoplots and last apartments of Q2 Thao Dien

Congrats to “Sales lauching for shoplots and last apartments of Q2 Thao Dien” organized at MM Mega Market An Phu on 20th July 2019. At the event, CBRE coordinated with Developer - Fraser Property and other agents to bring the last products of Q2 Thao Dien to appropriate owners.

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Apartment Market Lukewarm
Apartment Market Lukewarm

Despite the strong growth in the past five years, the apartment market is showing signs of deceleration. According to data released by Savills Vietnam, the total number of transactions in Q1 this year dropped by 37% on quarter and 49% on-year; the selling rate in the housing market in HCMC also dropped eight percentage points on¬quarter; the number of transactions declined in all housing segments. 

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CBRE Forum 2019 in HCMC
CBRE Forum 2019 in HCMC

On July 11th 2019, CBRE Vietnam successfully organized CBRE Forum 2019 at The Reverie Saigon Hotel, District 1, HCMC. 

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