Sales of landed houses in the three months were impressive with 2,128 units transacted. (Photo: VNA)Hanoi (VNA) – The number of town houses and villas put up for sale inHanoi in the first quarter rose to 2,600, a record high in three years,property consultancy CBRE Vietnam said on April 10.
The eastern area unseated the west to become the largest supplier as 86 percentof the houses were offered during January-March.
Sales of landed houses in the three months were impressive with 2,128 unitstransacted, up 45 percent from the last quarter of last year.
Secondary prices of villas in the period rose 3 percent from the previousquarter and 2 percent from the same time last year to 3,924 USD per squaremetre. The CBRE attributed the increase in villa prices to the presence ofprestigious investors who developed high-quality projects with goodinfrastructure.
Nguyen Hoai An, director of CBRE Vietnam’sHanoi branch, said that villas and townhouses in inner city will continue theirattractiveness in the time a head, and the segment will have high liquidity inthe market due to limited supply of landed property products in good locations.
However, she said the market expects experienced developers as investors notonly buy houses to live in but see them as a goose that lays golden eggs.
In the period, around 11,820 apartments were rolled out into the market, rising46 percent year on year, most of which were supplied by the Vinhomes Ocean Parkin Gia Lam district and Vinhomes Sportia in Nam Tu Liem district. Again, theeast took the lead in the supply of apartment in the city with 57 percent.
The middle-end segment was on good sale as it accounted for 68 percent of thetotal successfully transacted units.
According to real estateand investment management services firm Jones Lang Lasalle (JLL), the easternpart of Hanoi has been a hot spot for middle-end investors due to its largeland fund and rational prices. The segment is said to lead the property marketto meet housing demands for budget consumers.-VNA
VNA
