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Decoding the liquidity records of the luxury apartment market in the West of Hanoi

Báo Đầu tưBáo Đầu tư23/05/2024


Decoding the liquidity records of the luxury apartment market in the West of Hanoi

Following the "sold out" records of the West of Hanoi, TC3 - The Canopy Harmony (Vinhomes Smart City) building sold out 75% of its units after only 24 hours of launching, demonstrating the appeal of Vinhomes' high-class product lines.

Western real estate leads in liquidity speed

In a recent market report, the Vietnam Real Estate Brokers Association said that for many consecutive quarters, the market in the West of Hanoi has dominated in terms of supply and liquidity. In particular, the districts of Bac Tu Liem, Nam Tu Liem, and Cau Giay have always led the market, accounting for about 30% of the supply from 2011 to present.

CBRE data also shows that the apartment portfolios launched at this time are very liquid, concentrated in the West. Specifically, in the first 3 months of the year, the city added about 2,300 new apartments, mostly in the high-end segment. Of which, more than 2,000 units were sold, equivalent to an impressively high absorption rate of nearly 87%.

Vinhomes Smart City is the center of the migration wave as well as attracting investors to the West of Hanoi.

Leading in terms of liquidity are the subdivisions of Vinhomes Smart City. The proof is that the GS6 - The Miami building has sold 80% of the total of nearly 700 apartments in a very short time. Even more impressive is The Canopy Residences subdivision with the first two buildings opened for sale quickly "sold out".

Specifically, since the first building TC1 - The Canopy Vista was about to launch, the heat of the new subdivision has stirred up the real estate market in the West of the capital, helping to relieve the thirst for new apartment supply after a long period of shortage. Just a few days after its launch, 100% of the first supply of TC1 building was successfully traded.

An unprecedented liquidity record continues to be recorded with TC2 - The Canopy Summit, when 700 units were sold out after only 72 hours of opening for sale and only priority is given to customers who booked in advance.

Explaining the heat of the market in the West of the Capital in general and the "international city" Vinhomes Smart City in particular, experts say that this area is being prioritized for investment with a modern connecting traffic infrastructure system. A series of major routes have been formed to make it more convenient to move from the metropolis to the city center, such as Thang Long Avenue, the radial axis of To Huu - Le Van Luong... In the near future, the extended Le Quang Dao route is expected to be put into use soon, which will further increase the attractiveness of well-invested real estate in the West.

Along with convenient traffic infrastructure, the West of the Capital is like a miniature city when developing a diverse and synchronous chain of utilities from schools, hospitals, parks, shopping centers... Vinhomes Smart City is located in an invested and developed area, along with a diverse system of high-quality utilities, which is a great advantage attracting a large number of customers to come here, creating a liquidity fever for each new apartment building.

Last chance to own an apartment with the spirit of Singapore

The liquidity fever in the West is expected to heat up even more with the last building of The Canopy Residences - TC3. According to information from the investor, 75% of the building was sold out within 24 hours of opening for sale. This means that the last chance to own a luxury apartment with the spirit of Singapore is only in the remaining 25% of the fund.

Mr. Nguyen Duc Tuan, Director of a trading floor in Nam Tu Liem district (Hanoi), said that many customers who "missed out" on the two previously opened buildings, TC1 and TC2, had prepared carefully so as not to miss out on this last basket of goods.

“As soon as we learned that there was only 25% left in the basket, many customers called us in droves, hoping to make a deposit. Not only were there customers in Hanoi, but there were also many investors in neighboring localities, and foreigners living and working in Vietnam,” said Mr. Tuan.

TC3 apartment building is expected to receive high demand thanks to its prime location in the heart of the smart metropolis in the West of Hanoi. Thanks to its location, it is convenient to travel from here to the inner city or to other provinces. Not to mention, this location helps TC3 enjoy the full convenience of the common utility infrastructure of the metropolis. For example, TC3 residents only need a few minutes to walk to Central Park, the regulating lake, a large swimming pool with fresh, cool green space. TC3's location is also easily connected to a series of modern utilities already in operation such as Vincom Mega Mall, ZenPark Japanese garden, Vinmec International General Hospital, etc.

Along with that, TC3 also puts on its own style inspired by tropical living from Singapore. TC3 residents will fully meet the needs of living - working - enjoying in the dynamic, youthful style of the lion island with a series of internal facilities in the spirit of "retreat", such as Jacuzzi, therapeutic garden, meditation path... TC3 also owns a specialized "co-working space" and "creative zone", providing an ideal space to connect the multinational business community.

Residents of TC3 - The Canopy Harmony will enjoy a tropical-style swimming pool within the complex.

The liquidity attraction of TC3 building also increases investment demand due to its potential for price increase and profit. With attractive rental prices, located in the most prime area, with a high occupancy rate, TC3 apartment will bring breakthrough and sustainable investment opportunities to customers. Currently, the surrounding towers have welcomed a large number of residents, which is a guarantee for the investment and exploitation potential of TC3 apartment.

As a result of cooperation between Vietnam's leading investor and GIC - a prestigious investment fund from Singapore, TC3 - The Canopy Harmony will continue the "sold out" record of the Western market, bringing a living space full of inspiration to elite residents and the international community.



Source: https://baodautu.vn/batdongsan/giai-ma-cac-ky-luc-thanh-khoan-cua-thi-truong-can-ho-cao-cap-phia-tay-ha-noi-d215312.html

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