Five new projects and seven new phases supplied over 1,000 dwellings. Primary stock was approximately 1,680 dwellings, up 15% QoQ and -14% YoY. Transactions were up 25% QoQ and 35% YoY. Townhouses performed well with an absorption rate of 71 percent. Primary land plots supplied more than 2,870 plots this quarter with an absorption rate of 68 percent. New projects performed well, accounting for 60% of total transactions. Cu Chi contributed 48% of sales. Till 2020, new supply will be approximately 16,300 dwellings/plots. The Eastern Zone (District 9 & District 2) and Cu Chi will contribute 65% of total future supply. -Ends- For any other enquiries, please contact: Dinh Huong Linh (Ms.) Nguyen Thi Kim Nga (Ms.) Pham Thi Ha Phuong (Ms) National Head of Marcom PR & Marketing Executive PR Manager Savills Vietnam Savills Hanoi Savills Ho Chi Minh City T:+84 24 3946 1300 Ext:112 T:+84 24 3946 1300 Ext:120 T:+84 28 3823 9205 Ext:112 F:+84 24 3946 1302 F:+84 24 3946 1302 F:+84 28 3823 4571 E:dhuonglinh@savills.com.vn E:pthihaphuong@savills.com.vn E:NThiKimNga@savills.com.vn
Five new projects and seven new phases supplied over 1,000 dwellings. Primary stock was approximately 1,680 dwellings, up 15% QoQ and -14% YoY. Transactions were up 25% QoQ and 35% YoY. Townhouses performed well with an absorption rate of 71 percent. Primary land plots supplied more than 2,870 plots this quarter with an absorption rate of 68 percent. New projects performed well, accounting for 60% of total transactions. Cu Chi contributed 48% of sales. Till 2020, new supply will be approximately 16,300 dwellings/plots. The Eastern Zone (District 9 & District 2) and Cu Chi will contribute 65% of total future supply. -Ends- For any other enquiries, please contact: Dinh Huong Linh (Ms.) National Head of Marcom Savills Vietnam T:+84 24 3946 1300 Ext:112 F:+84 24 3946 1302 E:dhuonglinh@savills.com.vn Nguyen Thi Kim Nga (Ms.) PR Manager Savills Ho Chi Minh City T:+84 28 3823 9205 Ext:112 F:+84 28 3823 4571 E:NThiKimNga@savills.com.vn Pham Thi Ha Phuong (Ms) PR & Marketing Executive Savills Hanoi T:+84 24 3946 1300 Ext:120 F:+84 24 3946 1302 E:pthihaphuong@savills.com.vn