Cash flow is returning to the real estate market
In the third quarter of 2023, the real estate market recorded signals for a new growth cycle. Data on the real estate market in July 2023 recently released by Batdongsan.com.vn shows that the market is experiencing a return to growth in investment flows as demand for real estate across the country increased by 6%, and the number of real estate listings also increased by 4% compared to the previous month.
In fact, the real estate market is gradually improving as many banks continue to lower or maintain preferential interest rates for home buyers. In addition, the legal relief policies of state management agencies are also starting to show positive signs. Cash flow tends to shift to real estate from a number of other investment channels.
According to experts, the real estate market is entering a new growth cycle. To take advantage of the opportunity, many investors and home buyers are returning to the market.
Projects in the East with the potential to generate passive cash flow are attracting the attention of experienced investors.
As a market follower, Mr. Hoang Dinh Khiem - Chairman of Vietstarland Real Estate Joint Stock Company said that the segment that is attracting the attention of customers today is commercial real estate with the ability to create passive cash flow, in addition to the apartment fund with good sales policies.
“Commercial real estate projects in the price range of 17-25 billion with the potential to increase in price and create passive cash flow are especially attracting a large number of investors in the Old Quarter and West Lake area - those who have a vision of the potential of commercial premises. This group of customers has recently been particularly interested in projects in the new centers of the capital such as the East with Mega Grand World Hanoi” - Mr. Khiem shared.
As the leading entertainment complex in the capital, expected to officially operate right in the 2023 Christmas festival season, which is only about 4 months away, Mega Grand World Hanoi is one of the projects with outstanding potential for value increase, the most anticipated in the capital's real estate market.
“Mega Grand World is currently the most potential product in my investment basket. With such attractive products and policies at the present time, I believe that I will win “double profits” from this project as I have won many times when investing in Vinhomes projects” – Mr. Tran Nam, an investor in Hoan Kiem district shared.
Rare opportunity from the most attractive project on the East Coast
The most attractive policy mentioned by investor Tran Nam at Mega Grand World Hanoi is that the investor supports a loan interest rate of only 5%/year within 30 months and a principal grace period during the interest support period. At the same time, the investor also commits to a rent of 5%/year within 30 months, supporting interior finishing costs at 1.75 million VND/m2 of construction. With this policy, investors only need to spend an initial capital of 30% of the value to be able to own real estate that generates immediate cash flow.
Mega Grand World Hanoi is the most attractive project in the Northern real estate market in the second half of 2023.
The complex owns a prime location in the Ocean City Destination City, and at the same time, Vingroup has invested heavily in many entertainment and recreation projects and policies to welcome tens of millions of tourists to the capital every year. In order to turn Mega Grand World into not only a new bustling "commercial port" in the North, Vingroup has invested heavily to turn this place into an attractive entertainment super universe in the North and an unprecedented large-scale tourism and resort ecosystem.
First, Vingroup brought to Mega Grand World Hanoi the most attractive games at high-class amusement parks such as Balloon Tower, Magic Bike or Sky Drop... Along with that, at Mega Grand World Hanoi there is also a real stage called The Grand Voyage on The Venice River stretching 830m, with the most modern sound and light technology in the world.
All entertainment categories such as VinWonders Hanoi Wave Park and VinWonders Hanoi Water Park... are managed by VinWonders. In particular, the planning of product lines, inviting trendy brand partners to exploit, trade, develop services, interactive cultural and artistic activities to create unexpected experiences for visitors... will be undertaken by Vincom Retail to ensure professionalism and class during the operation process.
In particular, the night-time economy model - a mainstay of the tourism and entertainment industry at many famous destinations - will also be systematically implemented for the first time at Mega Grand World Hanoi, promising to bring breakthrough revenue to the stores and shops here.
Currently, many important items in the two subdivisions The Venice and The K-Tơwn of Mega Grand World Hanoi have completed the construction and begun to paint the exterior. The 830m long highlight river has also been watered to prepare for the installation of the water stage. Many items are expected to be "finished" soon so that guests can come in to complete, ready to open to welcome guests on the opening day.
With more than 200,000 residents of Ocean City, more than 10 million people in the capital and the potential to welcome more than 20 million visitors expected to come to Hanoi in 2023, Mega Grand World Hanoi is an attractive investment channel that promises to bring breakthrough profits to quick-witted investors who know how to seize opportunities.
PV
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