The end of the year is the time when investors “reverse” their personal investment portfolios and look for new opportunities for capital to continue to generate profits. While the gold, foreign currency, and stock markets are unstable, and the apartment and land markets are unusually “hot”, resort real estate has emerged as an attractive investment channel attracting smart money.
At the end of the year, smart money is looking for resort real estate.
The end of the year is the time when investors “reverse” their personal investment portfolios and look for new opportunities for capital to continue to generate profits. While the gold, foreign currency, and stock markets are unstable, and the apartment and land markets are unusually “hot”, resort real estate has emerged as an attractive investment channel attracting smart money.
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| The demand for disbursement of personal investment capital at the end of the year is very large (Illustration photo) |
Investors "wonder" about finding capital investment channels
Normally, at the end of the year, investment opportunities are always open to attract personal cash flow. Meanwhile, in the fourth quarter of this year, traditional investment channels such as gold, USD, and stocks are witnessing erratic fluctuations, causing confusion among investors.
After continuously increasing rapidly to 2,779 USD/ounce at the end of October 2024 (up 33.4% compared to the beginning of the year), the world gold price suddenly plummeted to 2,649 USD/ounce (down nearly 100 USD/ounce) after Mr. Donald Trump won the US presidential election. At the same time, the domestic gold price also decreased by 6-8 million VND/tael compared to the record price of 89 million VND/tael at the end of October, many gold holders suffered heavy losses.
Stocks in the first 10 months of 2024 also increased by only 12%, lower than expected. After reaching the 1,300-point threshold, the VN-Index reversed, falling 33 points in the last week of October and continued to fall after Mr. Trump declared his election victory, down to 1,152 points on November 8. According to forecasts, the VN-Index will fluctuate between 1,230 - 1,280 points from now until the end of the year, along with a decline in liquidity and capital flowing into the market.
Regarding real estate, apartment and land prices in Hanoi and other major cities have skyrocketed since the beginning of the year. CBRE Vietnam's third quarter report shows that the average selling price of primary apartments in Hanoi has reached nearly VND70 million/m2, recording an increase of 10% compared to the previous year. In some projects, apartment prices have doubled after 5-7 years. Adjacent land prices in Hanoi have also increased by nearly 27% compared to the same period. Land auctions in suburban districts have continuously recorded record winning prices in recent times.
However, at this time, investors are more cautious with the FOMO effect in the real estate market. According to experts, the recent fever in apartment and land prices has shown signs of abnormality, the beginning of a new real estate "bubble" syndrome, bringing many consequences and risks to the market and investors.
Resort real estate - Signal to attract smart cash flow back
While other investment channels are quite risky, resort real estate is showing signs of attracting cash flow again at the end of the year. According to Mr. Mauro Gasparotti, Director of Savills Hotels, Vietnam's resort industry is recovering strongly after a period of "hibernation" with demand and business activities at most major tourist destinations recording significant growth.
According to the General Statistics Office, in the first 10 months of 2024, international visitors to Vietnam reached more than 14.1 million, an increase of 41.3% over the same period last year. In October 2024 alone, the number of international visitors increased by nearly 28% over the same period, reaching 1.42 million. In addition, the number of domestic tourists in the first 10 months of 2024 is estimated at about 100.5 million. In October 2024 alone, the number of domestic tourists reached about 5.0 million. Total revenue from tourism in the first 10 months of 2024 reached about 690 trillion VND.
Seizing this opportunity, some resort projects have been launched by investors. Recently, Sun Group has introduced to the market the resort real estate project Sun Symphony Residence Da Nang.
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| Crystal Holidays Harbour Van Don project is the center of resort real estate in the North. |
In Quang Ninh, a project that is attracting the attention of investors is Crystal Holidays Harbor Van Don. According to a survey by BHS Group, this is currently the only high-rise project providing beach resort apartments in the North.
The project owns two sides of Bai Tu Long Bay, including 5 towers of 28-34 floors, with a scale of 2,274 hotel rooms and tourist apartments and a multi-functional utility system including an international conference center, marina, golf course, shopping area, spa, Asian - European restaurant, cigar lounge, sky bar,... Phase 1 of the project was topped out in October 2024 and is expected to be put into operation in the third quarter of 2025.
According to the investor representative, most customers choose the project because of its prime location, complete legal documents, beautiful design, guaranteed construction progress, reasonable price and flexible payment. This is also the actual demand for current resort projects. Therefore, investors need to pay attention to this demand of customers to attract smart cash flow back to the resort real estate segment.
Project business development unit: An Viet Property and Meta Property
Website: https://crystalholidaysharbourvandon.vn/
Hotline: 0938 090 666.
Source: https://baodautu.vn/batdongsan/cuoi-nam-dong-tien-thong-minh-dang-tim-den-bat-dong-san-nghi-duong-d229766.html
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