With a population of over 10 million people and 55% of them young, according to Savills Vietnam, about 30% of the population in this age group in Ho Chi Minh City has a need to buy a house. However, the high population density while the land fund for housing development in the city is increasingly narrowing, has led to a continuous increase in housing prices in Ho Chi Minh City in recent years.
Buy a house, buy a living space
Collecting all the money saved after 3 years of living separately, Mr. Thanh Vinh and his wife (District 6) decided to change to a more spacious house to welcome another member in 2025. Listening to his grandparents' advice to buy a house and land, Mr. Vinh also asked around.
"With my own capital of about 1.5 billion VND, if I borrow more from relatives, I can only buy a house of about 30-40 square meters in a small alley, lacking amenities. After weighing and measuring, my wife and I decided to buy an apartment," he said.
Based on his personal needs, he believes that apartment complexes with civilized communities and guaranteed security are good environments for children to develop. Private living spaces, integrated with many utilities right on the premises where they live, easily help members recharge after a long day instead of going home and living within just four walls.
"The important thing is that the price of apartments is more accessible than real estate, and the legality is also secure. Some investors also implement financial solutions to support buyers," he shared.
Thanh Vinh’s case is considered typical for the young generation starting a business in Ho Chi Minh City. Whether single or married, they all dream of owning a house here. However, the opportunity to access real estate is increasingly difficult when the rate of income growth cannot keep up with the rate of house price increase.
According to CBRE, the price of primary townhouses in Ho Chi Minh City in the second quarter of 2024 reached over VND310 million/m2 of land (excluding tax), an increase of 21% year-on-year. For pre-built houses, prices are forecast to increase by 20% year-on-year in the primary market and by 4% year-on-year in the secondary market.
In that context, affordable apartment projects are the optimal housing solution for young urban people. In addition to the price factor, projects with modern design, multi-utilities, close to the center and can be handed over immediately attract the attention of young families. For example, Akari City phase 2 (Binh Tan district) is considered one of the bright spots in the West of Ho Chi Minh City, when meeting the criteria of "buying a house, having living space". This is also a rare source of primary apartments in Ho Chi Minh City with quite reasonable prices, from 45 million/m2.
Comfortable living space at Akari City phase 1.
Multi-utility apartment is popular with young families
Developed by Nam Long and two Japanese partners, Hankyu Hanshin Properties and Nishi Nippon Railroad, the 8.5-hectare Akari City offers a comfortable, modern, and private residence.
The project is located right on the frontage of Vo Van Kiet cross-center avenue, 20 minutes to the center of District 1, access to Aeon Mall, MM Mega Market, Ho Chi Minh City University of Economics, City International Hospital... within 15 minutes. Adjacent to the project is the 1.8ha Ngo Thoi Nhiem inter-level school, convenient for young families with small children, easy to pick up and drop off every day.
Akari City is planned according to the model of a multi-utility residential city. Each apartment is not only a place to return to but also a place to experience and enjoy life.
Right at the doorstep of each apartment cluster is a clubhouse complex, gym, community room, swimming pool, children's play area... suitable for the relaxation and physical training needs... of all family members.
At the center of the entire project, urban-scale amenities include a commercial avenue, a light square, forming a coordinate of entertainment - shopping - recreation and community connection. In particular, the commercial avenue axis has welcomed a series of familiar brands such as Highlands Coffee, Kingfoodmarts, Winmart, Ministop, GS25... The light avenue has been completed and is the location of unique experiential events. Just a few steps away, Akari City residents can easily immerse themselves in modern urban life when all amenities and services are quickly met.
Akari City Commercial Avenue is filled with many essential amenities.
Steady progress, ready for handover from the fourth quarter of 2024 is also a factor that makes many families choose Akari City apartments phase 2. Currently, 4 towers AK 7, 8, 9 and NEO are focusing on high-level construction of utilities, internal landscapes... to bring the project to the finish line as committed, welcoming residents to settle down.
Akari City is completing the final items for handover in the fourth quarter of 2024.
Choosing Akari City apartment phase 2 at this time, families can rest assured about their new home plans and receive incentives of up to 700 million VND from the investor. In case of using the loan package, customers will enjoy a loan package with a maximum limit of 70% of the value, no interest payment for 18 months and a principal grace period of 24 months, reducing financial pressure.
Previously, Akari City phase 1 welcomed nearly 2,000 families to settle down, forming a progressive and dynamic community of residents at the connecting point of the West of Ho Chi Minh City.
Source: https://dantri.com.vn/bat-dong-san/gia-dinh-tre-ngay-cang-chuong-o-chung-cu-20240911164300982.htm
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