Super-luxury real estate in Ho Chi Minh City increased 7-8 times in price

At the end of 2018, the real estate market in Ho Chi Minh City appeared an apartment project located in the center of District 1 with an asking price of up to 230 million VND/m2. It was the highest price level in the market at that time.

However, recently, DKRA (a consulting and distribution enterprise for real estate projects) said that in the second quarter, the line of super luxury apartments in Ho Chi Minh City will have a record price of up to 690 million VND. /m2, tripled from the 2018 peak.

After the peak price in 2018, the real estate market in 2019 continued to stir with the super luxury project Centennial (District 1) of investor Alpha King (Hong Kong) with the announced price of up to 334 million VND/m2. .

Another project of this investor on Cong Quynh Street (District 1) announced that the selling price of phase 2 exceeded 250 million VND/m2. However, due to legal issues, the above projects could not be implemented.

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