Focus on medium-priced housing, says property consultancy - Thanh Nien Daily

August 4th, 2008 | by Editor |

Property company CB Richard Ellis Vietnam Thursday urged developers to shift the focus to smaller and more affordable apartments, saying end users are expected to make up the largest ratio of buyers this year.

“For now, speculators have left the market,” Nguyen Thai Nguyen, a deputy director at the Ho Chi Minh City-based unit of CB Richard Ellis Group Inc, said.

Read more @ the SOURCE: Vietnam latest news - Thanh Nien Daily.

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