HANOI, Jul 25 (NNN-VNA) – Some 2,800 new units were launched, in the resort real estate segment in Vietnam, in the second quarter of 2024, an eight-fold increase from the first and mostly concentrated in a few locations, VnExpress cited the Vietnam Association of Realtors, yesterday.
According to real estate agency DKRA Group, new condotel supply increased by 51 percent year-on-year, mostly in central Nha Trang beach city.
The number of resort real estate transactions also rose seven-fold from a year ago, said the report.
Resort villas costing below 10 billion Vietnamese dong (395,000 U.S. dollars), and condotels below three billion dong (118,200 dollars) were sold the most, said the group.
Vo Hong Thang, director of consulting and project development at DKRA Group, forecast that, 400-500 condotels and 100-150 resort villas would be launched in the third quarter, primarily in Da Nang City and Khanh Hoa and Quang Ninh provinces.– NNN-VNA
