Real estate inventory value nears VND23 trillion

SGGP
Vietnam’s real estate inventory value approximated VND23 trillion (US$988.09 million) by the end of November, according to the Ministry of Construction.

Real estate inventory value nears VND23 trillion

Specifically, the inventory comprised 2,316 apartments worth VND3.39 trillion; 2,724 houses worth VND6,450; 2,850,000 square meters of housing land valued VND11 trillion and 507,200 square meters of commercial land worth VND2 trillion.
Of these, Hanoi and HCMC accounted for the largest ratio. The stock value in Hanoi was about VND5.1 trillion and HCMC about VND4.2 trillion.

By KIM HUYEN – Translated by Hai Mien

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