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Ho Chi Minh City Serviced Apartment Quarterly report | Q4 2017

Ho Chi Minh City Serviced Apartment Quarterly report | Q4 2017

Q1 2018, an estimated 1,280 units of serviced apartment supply will enter the market by the end of 2018. In spite of the fact that landlords have enjoyed favorable market conditions with high occupancy rates and steadily increasing rental rates, Ho Chi Minh City serviced apartment market has seen increased competition from new buy-to-let apartments.