Apartments - the key segment leading market liquidity
Possessing high liquidity, apartments are “dominating” the real estate market. In this segment, the high-end apartment complex Lumi Elite of the Lumi Hanoi project attracts special attention from many customers thanks to its three unique advantages.
Apartment segment "blooms" in the first half of 2024
According to the Vietnam Association of Realtors (VARS), GDP growth in the second quarter of 2024 reached an impressive 6.93%, creating a foundation for the real estate market to recover positively. OneHousing's report also pointed out that the supply of new apartments in Hanoi in the second quarter of 2024 reached nearly 8,400 units, a sharp increase of 97% compared to the first quarter of 2024 and almost equivalent to the whole year of 2023. This proves that the demand for housing in Hanoi is increasing.
Not only has supply improved, market liquidity also increased dramatically. VARS's report emphasized that in the first 6 months of the year, the entire market recorded more than 20,600 successful housing transactions, 3 times higher than the same period in 2023. Of which, the apartment segment accounted for 75% of the total transaction volume, showing the strong attraction of apartments to home buyers.
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| Apartment segment continues to "dominate" investment in the real estate market in the first half of 2024 |
In particular, the high-end apartment segment is considered to be leading in terms of consumption speed. After a short time of opening for sale, projects with selling prices above 50 million VND/m2 in Hanoi recorded an absorption rate of up to 90%. The average selling price of primary apartments in Hanoi has nearly reached 60 million VND/m2, an increase of 58% over the same period in 2019, more than double the increase of the market in Ho Chi Minh City.
It can be seen that, in the context of supply and the market being on the path of recovery, the apartment segment continues to be an attractive choice for both investors and real buyers.
Identifying projects with unique advantages in the West of the Capital
Ms. Pham Thi Mien - Deputy Director of the Vietnam Real Estate Market Research and Evaluation Institute (VARs IRE) commented that apartment prices in two major cities, including Hanoi, have continuously reached high levels. Possessing such attractive potential, most quality real estate projects have the same "common denominator".
The first important factor is that the products have clear legal ownership, are developed by reputable investors with experience, strong financial capacity and have had many successful projects in the market.
Second, the project's location is near major roads, with the advantage of easy connection to key areas of the city, convenient access to surrounding social facilities such as schools, hospitals, shopping centers, etc. In addition, sought-after projects are also part of the development plan of the area, with strong investment in synchronous transport infrastructure to anticipate future potential.
Third, the project owns a modern internal utility system or a high-class service ecosystem, aiming at an elite residential community, helping to improve the quality of life and increase real estate value.
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| Lumi Elite continues CapitaLand Development's commitment to superior quality of life |
Last July, the last subdivision of the Lumi Hanoi project - Lumi Elite was launched. Up to now, Lumi Elite can be considered a "hot spot" in the capital market because it possesses distinct advantages.
Lumi Elite is developed by one of Asia's leading trusted real estate developers - CapitaLand Development (CLD), a Group that is always known for its quality and classy real estate projects with solid expertise in master planning, land planning and project development.
With a prime location adjacent to two main roads, Thang Long Avenue and Ring Road 3.5, Lumi Elite not only inherits a modern traffic infrastructure system but is also located in the development center of the most vibrant new administrative center of the Capital. Adjacent to metro lines 5-6-7, the formation of the "metro real estate" form in the future promises that the value of Lumi Elite will grow even more strongly.
In particular, Lumi Elite also has an outstanding advantage when inheriting a series of external facilities for shopping, entertainment, education, and healthcare of international quality and owning a collection of 88 exclusive closed facilities.
Converging all the factors of the three transparent legal elements - convenient connection coordinates - exclusive utilities, in the context of the apartment segment leading in liquidity in the real estate market, Lumi Elite is the perfect "destination" for living, bringing a classy and complete living value.
Find out more about the project at:
Website: www.lumihn.com.vn
Hotline: 1800 400 088
Source: https://baodautu.vn/batdongsan/can-ho-chung-cu---phan-khuc-chu-dao-dan-dat-thanh-khoan-thi-truong-d222701.html
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