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we feel the first round of serviced apart-
ments works out positively, we will con-
tinue to offer more of these residences
to the market,” Piro said.
Dolphin Plaza, a development un-
der domestic investor, TID, is another
prime example of leasing. With more
than 385 high-end apartments, Dolphin
is considered an ideal destination for
those from Asian countries, such as
Japan, South Korea and Thailand, with
people from these nations comprising
more than 80 per cent of occupiers.
Managed by PMC, apartments here are
leased from $1,300 to 2,000 per unit
per month.
Meanwhile CBRE, another con-
sultant, also commented that the
strengthening of the western submar-
ket of serviced apartments is shown
most significantly with units in the
range of $1,000 to $2,000, thanks
mainly due to the emergence of the
office hub along Pham Hung corridor,
the strengthening of the Japanese and
Korean communities in this area, and
competitive rents.
Moreover, the upcoming Samsung
factory in Thai Nguyen is also expected
to generate increased demand for ser-
viced apartments in Hanoi and on the
edge of the city.
PMC-managed Dolphin Plaza is very popular with the Japanese market