Number of apartments offered for sale surges Dinh Dung By Dinh Dung – The Saigon Times Daily HCMC – The apartment market in HCMC which has stayed quiet for a long time started to see positive changes when there is a strong increase in number of apartments put up for sale with around 1,700 units recorded in the third quarter. A market research of CBRE Vietnam indicated that the number of apartments offered for sale increased by nearly 46% from the second quarter, and over 72% of these apartments were low-cost ones. According to Marc Townsend, managing director of CBRE Vietnam, such an increase has reflected a partial recovery in investors’ confidence. Home buyers have also reacted well to apartment projects with a higher number of successful transactions in both medium-end and high-end segments. Some investors used to be cautious about protracted payment duration but they now are more flexible. The most popular payment method is half of the apartment’s value paid in advance and the rest paid in 2-3 years’ time.