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Hanoi realty market not ripe for investors

Posted on 23 April 2012

Since realty fever in 2007, the condo segment for the first time has experienced a free-fall in price in the primary market, said an executive of CB Richard Ellis Vietnam (CBRE) at a recent press briefing relating to real estate in the capital city.
Around 53% of newly-launched apartments in the first quarter were priced at below VND21 million per square meter at favorable locations like My Dinh, Dinh Cong and Cau Giay urban area………………………………………..Full Article: Source


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