Survey HCM real estate market Q3-2016 simply by CBRE Vietnam revealed typically the housing supply in some market place segments decreases significantly inside third quarter. Accordingly, within Q3, the market welcomes earnings of 8, 016 brand-new apartments from 23 assignments, including 13 brand new versions and 10 others do some simple previous sales phases. CBRE says the figure declines 17% quarter-on-quarter and down 27% year-on-year. New supply of typically the medium segment dominates the market industry with about 68% involving total. The luxury segment takes the second place with 29%, with apartments mainly from projects Millenium in District 4 and Ha Do Centrosa in District 10. Meanwhile, although stench via Da Phuoc landfill is usually stifling residents in Phu My Hung, this area are still see a large number of apartments available for sale from 7 plans, accounting for 44% associated with total new supply within the third quarter. CBRE explained South Saigon is the main point attracting both buyers in addition to investors. East Saigon position second with 24% of latest apartments offered for sale in the quarter. Currently, new method to obtain the East mainly focuses in Binh Thanh Region with outstanding projects involving real estate giant Vingroup. Reportedly, even though the number of apartments presented is less than the figure regarding previous quarter, sales soars by 32%, equivalent to 7811 units, a decrease of 2% year-on-year. The medium segment remains good performances exceeding 4, 000 apartments purchased from the third quarter, making up through 50% of the total revenue. Regarding price, according to CBRE, market in the third 1 / 4 records average asking price regarding $2046/ sqm, up 2 . not 1% quarter-on-quarter and four. 6% year-on-year. In particular, channel segment sees the highest selling price increase of 7% in the previous quarter. Besides, often the newly-launched projects also file higher prices than the common price of Q2-2016. In area of future supply, CBRE forecasts in the next 4 sectors, the market will welcome forty five, 000 new apartments. Like an urban area job in Can Gio Area will contribute a large number of apartments rentals to the market.