HCM CITY — The HCM City condominium market is stirring again after a long stupor, experts have said. Around 96 per cent was in the high-end segment and the remaining 4 per cent in the luxury segment, CBRE said. "Although there is still a big gap between supply and absorption compared to previous years, the market showed positive signals,” Dương Thuỳ Dung, executive director of CBRE, said. Buyers now have easier access to bank mortgages as many lenders have cut interest rates in the third quarter. I expect the market to pick up again after the Tết holiday, which is a traditional time for people to save and spend money.

Source: Viet Nam News November 11, 2023 13:34 UTC