Market Insights from CBRE's Hanoi Quarterly Report Q2/2012
Market Insights from CBRE's Hanoi Quarterly Report Q2/2012
Market Insights from CBRE's Hanoi Quarterly Report Q2/2012
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CONDOMINIUM FOR SALEMARKET SNAPSHOT, <strong>Q2</strong>/<strong>2012</strong>CONDOMINIUM LUXURY HIGH-END MID-END LOW-END TOTALTotal launch supply (units) 2,460 22,350 66,030 18,070 108,910New launch (units) 0 350 600 780 1,730Primary market – New avg. askingprice (US$ psm)N/A $1,440 $1,170 $700 $1,100Y-o-y change (%) N/A -16.6% -4.9% -16.8% -12.8%Secondary market – Avg. asking price(US$ psm)$2,990 $1,760 $1,320 $960 $1,760Q-o-q change (%) -6.7% -3.9% -3.7% -2.4% -4.2%Y-o-y change (%) -13.8% -13.0% -10.1% -8.4% -11.3%* All prices are VAT exclusive* All figures are preliminary & subject to revisions by EOQ11 CBRE RESEARCH & CONSULTING MARKET INSIGHTS FROM CBRE’s HANOI QUARTERLY REPORT | JULY <strong>2012</strong>