Villa & Townhouse
Due to the pandemic, 2021 had the lowest primary supply since 2016. However, absorption was still high at 85%. With available land banks and more affordable land prices, Dong Nai, Binh Duong and five suburban districts (Hoc Mon, Binh Chanh, Nha Be, Cu Chi, and Can Gio) will deliver strong future supply from 2022 onwards.
With limited HCMC stock, then purchasers have broadened their horizons to particularly Dong Nai, that has had a tremendous run. Now with supply released in alternate locations purchasers have greater choice, so 2022 will be interesting to follow geographic popularity and speculator longevity.
Troy Griffiths, Deputy Managing Director