Excess supply of high-end properties

The real estate market now has an excess supply of middle and high-end properties. However, most consumers are now seeking economical options for housing or property on the lower end. This poses many risks for investors and threatens to slow down the recovery of the real estate sector, according to experts. There are around a total of 42,5000 properties available for sale in the Vietnamese market, according to research firm Savills Vietnam. 80% of this supply are middle and high-end residences.  Meanwhile, the number of transactions for this housing segment has decreased, due to high prices.