ANTD.VN - Limited supply, apartment prices in Ho Chi Minh City hit 91 million VND/m2, making apartments priced at 3 billion VND almost "extinct". Rare projects such as Vinhomes Grand Park (Thu Duc City) with an average price of 40-80 million VND/m2 are considered the last chance, helping young people realize their dream of owning a house.
"A thousand obstacles" make it difficult for young people in Ho Chi Minh City to buy a house
Savills Vietnam's 2024 Real Estate Market Overview Report shows that the average apartment price in Ho Chi Minh City has reached VND91 million/m2, an increase of 36% in the fourth quarter of 2024.
In particular, the Eastern area - which accounts for 90% of the new supply in the first 9 months of 2024 in Ho Chi Minh City - has established a new price level. Old projects that were previously suspended have shown signs of restarting and all have expected prices to increase 2-3 times higher than the prices opened for sale in the previous phase. In addition, most projects preparing to open for sale in this area also have expected prices of over 100 million VND/m2.
Therefore, the segment of apartments under 3 billion VND is gradually disappearing, such as the segment of apartments under 2 billion VND has not appeared since 2023, or apartments under 1 billion VND have not appeared since 2020.
“HCMC has applied a new land price list until December 31, 2025 and a new land price list updated annually from 2026, making compensation for site clearance more costly. Along with macro fluctuations, project development costs have increased, causing apartment projects under VND3 billion to gradually disappear,” Mr. Tran Minh Tien, Director of OneHousing Market Research and Customer Insight Center, explained.
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| Vinhomes Grand Park is one of the few projects that still owns products with prices ranging from 40-80 million VND/m2. |
Lack of supply and continuously rising prices have made the dream of owning a home increasingly distant for young people. In this context, projects with competitive prices and flexible financial policies have become an option not to be missed.
And that is also the reason why apartments in The Beverly Solari subdivision of Vinhomes Grand Park are receiving special attention from many young families thanks to the average price of only 40-80 million VND/m2, significantly lower than the general level in the East as well as Ho Chi Minh City. Supporting young people to own real estate here is the fact that bank interest rates are decreasing following the Prime Minister's direction to promote economic growth.
The Beverly Solari turns young people's dream of settling down into reality
In addition to the attractive price, The Beverly Solari helps young people solve the housing problem thanks to the investor offering many attractive incentive policies, reducing the financial burden for buyers.
Accordingly, customers can borrow up to 70% of the apartment value with 0% interest rate within 18 months, with principal grace period during the same period and no early settlement fee. Buyers can receive rental completion support with a discount of up to 10% of the apartment value if they pay early with their own capital within 90 days from the date of signing the sales contract. In addition, buyers will also receive a furniture package worth up to 200 million VND for 3-bedroom apartments and 150 million VND for 2-bedroom + 1 apartments.
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| The Beverly Solari apartments are ready for handover, attracting young families with attractive prices . |
In addition to the investor's superior policy, the clear legal factor is also a big plus point of The Beverly Solari. As soon as they move in, residents will be immediately given a certificate of home ownership. This is a regular activity within the investor's goal of granting 20,000 pink books to Vinhomes Grand Park residents in 2025. Owning a pink book right after buying a house not only helps customers feel secure but also creates favorable conditions for transfer transactions, leasing or mortgage loans.
The advantage of The Beverly Solari also comes from the fact that buyers can move in immediately, enjoying a living space with a bold, free American style from the Luxury-sky-living apartment and a rich all-in-one service ecosystem, which has come into operation.
The project also owns a collection of high-class amenities and a vibrant lifestyle thanks to large-scale events and festivals held regularly, attracting not only residents but also tourists and the surrounding community.
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| Vinhomes Grand Park is the only project in Ho Chi Minh City with Ring Road 3 running through the center. |
Right now, The Beverly Solari is the destination of cash flow when the project's value-increasing milestones have been set thanks to a series of boosts from regional infrastructure. In particular, Metro Line 1 has been in operation since February 22, 2024 ; Ring Road 3 radiating Vinhomes Grand Park will operate a 15km overpass section through Thu Duc City by the end of 2025 and open the entire route in June 2026; Long Thanh Airport will welcome the first commercial flight on September 2, 2026... Infrastructure helps connect The Beverly Solari with key areas of Ho Chi Minh City and neighboring provinces, while creating leverage to increase real estate prices, bringing dual benefits to both real estate buyers and investors.
While apartment prices in Ho Chi Minh City are constantly setting new price levels, The Beverly Solari subdivision at Vinhomes Grand Park is the answer, helping young people not only own a dream home but also grasp a future of stable housing and employment in the East of Ho Chi Minh City.
Source: https://www.anninhthudo.vn/can-ho-3-ty-dong-sap-tuyet-chung-nguoi-tre-tp-hcm-tim-dau-chon-an-cu-post605108.antd
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