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Stability sought for Thu Duc city prices 08:00 | 04/03/2021 The just-established Thu Duc city is already witnessing skyrocketing property prices, with hikes of around 30 per cent reminding local authorities of the need for special policies to manage the market. Property prices have been spiralling out of control since the establishment of Thu Duc city, Photo: Le Toan Nguyen Minh Tuan, a resident in Phuoc Long commune of the former District 9, was interested in a land plot in Dong Tang Long New Residential Area. However, this plotâs price has increased by more than 40 per cent compared to mid-2019 when Thu Duc city was yet in the pipeline. ....
Swing trading of apartments no longer attractive to investors 14:00 | 20/12/2020 Apartments are seemingly not attractive for swing trading at this moment. - Photo cafef.vn âApartments are not as attractive as before and careful consideration must be given to swing trading,â Dao Van Duy, general director of Viet Nam Infrastructure Investment and Development Joint Stock Company told Dau tu Chung Khoan (Securities Investment) newspaper. From the perspective of a developer, Duy said the reason the previously profitable apartment segment was not attractive to investors was encapsulated in the story of prices. He said that with housing prices increasing continuously in recent years, developers had pushed prices to the ceiling, with the primary investors taking a large part of the profit and the possibility of any further increase in price being very modest. Many apartment building projects have not seen a price increase for ....