On the rise of the real estate market, Can Tho land is a prominent segment attracting investors who are looking for products with long-term and sustainable growth potential.
Can Tho real estate "thirsts" for standard land products
On the rise of the real estate market, Can Tho land is a prominent segment attracting investors who are looking for products with long-term and sustainable growth potential.
Project land is the top concern of the market
The report of the Can Tho Real Estate Association (REA) shows remarkable figures. Accordingly, land is the segment with the strongest growth. From the end of the second quarter until now, land prices have recorded an increase of 5-8% compared to the same period last year. It is forecasted that in the last months of the year, land prices will start to increase around 10%, and in some areas, they may even increase by 15-20% compared to the same period due to the continued scarcity of primary supply.
Recognizing the above reality, Mr. Le Phuong Dong, Head of the representative office of the Vietnam Real Estate Brokers Association in the Mekong Delta, said that Can Tho, with its position as a regional economic center, is a market with great potential. However, in recent years, Can Tho has had almost no new projects, transactions mainly took place in old projects that were bought and sold again.
The current market context has recorded a strong return of purchasing power when recently, 3 sets of laws related to real estate officially took effect, creating an open legal corridor, promoting transparent and sustainable market development. The focus of demand is mainly on the type of real estate associated with the need for accumulation of assets, which is land, especially in projects with legal standards, synchronous investment in infrastructure, services and utilities.
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| Can Tho Real Estate : Project land with clear legal status and synchronous infrastructure and utility planning attracts investment cash flow at the end of the year (Photo source : Nam Long ) |
Notably, the 2023 Real Estate Business Law will tighten the subdivision and sale of land in 105 cities and towns, effective from January 1, 2025, which is also an important factor affecting the supply and price of land in the coming time.
Can Tho is a type I city directly under the Central Government, with the above regulations to ensure a healthy market, land projects approved before the time the Law on Real Estate Business officially comes into effect will have a great advantage. Land projects located in urban areas with complete legal and construction procedures become more valuable.
Nam Long II Central Lake quenches the market's thirst
Located in Cai Rang District, in the key urban area of South Can Tho, Nam Long II Central Lake is a rare source of land being developed in the Tay Do area. Phase 2 of the project includes 274 products, of which the land product structure accounts for more than 90%, which has quickly received strong attention from the market, contributing to quenching the thirst for land in a standard urban area, meeting the needs of housing and investment. Right in the first sale that took place in mid-November, more than 80% of the products were absorbed within just 3 hours.
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| The opening sale event of Nam Long II Central Lake in early November created an impressive boost for the real estate market at the end of the year. |
Nam Long II Central Lake is the third project of investor Nam Long in Can Tho, following the success of previous successful urban areas including Nam Long Can Tho 1 and Nam Long Hong Phat.
The 43.8-hectare urban area is planned according to the world's advanced integrated urban model. More than 60% of the area is dedicated to green space, central lake park and internal facilities, creating a green, fresh and convenient living space with the highest standards in Tay Do.
A series of important amenities such as a clubhouse with swimming pool, gym, cafe, outdoor sports field, central square... have been put into operation, quickly meeting the entertainment and relaxation needs of the community.
Nam Long II Central Lake owns a land fund of more than 9,800m2 for trade and services; 1.15ha of educational land; 1,700m2 of medical land... aiming to complete the appearance of a model integrated urban area, where residents can easily access all essential amenities within walking distance.
Not only is it a comfortable and classy place to live, Nam Long II Central Lake is also known as a new experience destination for Tay Do people. In recent times, the investor has continuously organized activities such as giant LED kite festivals, check-in, music... attracting a large number of residents and people in the area to come and have fun and experience.
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| Modern living space With outstanding facilities, Nam Long II Central Lake affirms its position in Can Tho: an ideal place to live and a unique destination . |
After the success of the first sale, it is known that this December, Nam Long will launch the final product of phase 2. In particular, the focus is on the garden-commercial street product located next to the EHomeS apartment complex with a scale of more than 1,600 apartments, promising to form a bustling, modern service coordinate in the near future.
In a prime location connecting multiple points and adjacent to apartment buildings, the garden-commercial street easily reaches the traffic moving through the project and especially the existing population of more than 1,600 families in the EHomeS apartment complex. This is an ideal product line that meets the values of residence and investment, maximizing the "2 in 1" yield: both living and business, anticipating potential.
Learn more about Nam Long II Central Lake
Hotline: 0981 39 33 11
Website: https://namlongcentrallake.vn/
Learn more about other projects of Nam Long: https://www.namlongvn.com/
Source: https://baodautu.vn/batdongsan/bat-dong-san-can-tho-khat-san-pham-dat-nen-chuan-chinh-d231148.html
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