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VietNam: Property market growing inappropriately, warn experts

Posted on 11 August 2011

Many people have been stunned by the price of nearly VND1 billion (US$50,000) of a low-cost apartment in the new urban zone Sai Dong in Hanoi, which made debut at the end of last month.
The price will see buyers, who have inked agreement to pay by installments in two years starting from this month, are set to pay VND43 million per month – an amount that only rich people can afford……………………………………….Full Article: Source


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