Property Devt & Invt: Vinhomes excites the market – Update
- In 3Q19, new supply volume for the Ho Chi Minh City (HCMC) condo market surged 107% yoy thanks to the Vinhomes Grand Park project.
- Meanwhile, Hanoi experienced sustainable growth in supply and transactions in both the condo and ready-built house segments.
- Maintain sector Neutral as new projects in Vietnam’s southern region remain constrained by the slow regulatory process.
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