Realty firms en masse sell popular condos

Entering the first month of 2012, many popular condominium projects have been put up for sale massively in the real estate market in both North and South.
For example, Saigon Thuong Tin Tan Thang Real Estate Investment Joint Stock Co has recently offered for sale apartments of Celadon City urban zone project in Son Ky ward, Tan Phu district, HCM City at the price of from 19 million dong/m2.

CT2A Tan Tay Don project invested by Hai Phat Investment Co in Tu Liem, Hanoi has been offered recently at the price of 15.3 million dong/m2 with a discount of 2% and Dream Town project in Xuan Phuong has price of 17.8 million dong/m2.

Thang Long Real has also launched 119 ground land lots for villas of Nature Land project in the East Thang Long urban zone in district 9, HCM City at the price of 9.9 million dong/m2. Viet Thuan Than Ltd Co has just offered 1,300 apartments of V-Citilight project in Bien Hoa city at the price of 16.9 million dong/m2.

Him Lam Land has introduced The Hyco4 Tower apartment project in Nguyen Xi street, Binh Thanh district, HCM City with price of from 1.1 billion dong per unit. Acenza Villas project in Phan Thiet city has been offered at the initial price of 3.6 million dong/m2.

According to analysts, the change in the realty commodity structure is increasingly clear whereby realty firms have mainly launched apartments in the popular segment while high-class and luxury apartments are forecasted at saturation in the market so the supply is also limited. – Vietbiz24

Tags: Vietnam Property market, Vietnam property sector, vietnam real estate market

Posted by VBN on Jan 18 2012. Filed under Real Estate. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry