Apartment supply shortage, buyers flock to "rare" in the East of Hanoi

With the recovery of the real estate market at the end of the year and the severe shortage of supply, apartments are becoming the target of both real buyers and investors.

Apartment supply shortage, buyers flock to "rare" in the East of Hanoi

With the recovery of the real estate market at the end of the year and the severe shortage of supply, apartments are becoming the target of both real buyers and investors.

In the Eastern market of Hanoi, the race to own is focusing on the "rare" that has just been launched at Vinhomes Ocean Park 1, Ocean City.

The East is "making waves" with a basket of products with "unbeatable" prices

According to the real estate market report for the third quarter of 2024 by the Ministry of Construction, the apartment type is still "leading the wave" with the number of transactions continuing to increase in the quarter. However, the problem of the gap between supply and demand in the housing market has not yet seen a solution.

Therefore, in the third quarter of 2024, apartment prices in major cities such as Hanoi continued to increase in both new and old projects. In particular, the price level of new projects increased by about 4 - 6% quarterly and from 22 - 25% annually. In particular, some areas increased by 35 - 40%, depending on the location compared to the previous quarter.

Similarly, Savills's Q3/2024 market report also showed that the average primary price of apartments in Hanoi was VND69 million/m2, up 6% quarter-on-quarter and 28% year-on-year.

Rising prices combined with scarce supply make luxury apartment projects sought after by many people.

In particular, in the "hot spots" of Hanoi such as the Eastern region with infrastructure being strongly promoted, the opening price of some projects is fluctuating from 75 - 95 million VND/m2. Likewise, right after Vinhomes launched the last two apartment buildings S2.10 and S2.17 of the Sapphire subdivision - Vinhomes Ocean Park 1, the Eastern market "made waves".

The superiority of the last "gems" of Vinhomes Ocean Park 1 first comes from the "softer" selling price compared to other projects in the East in particular and the Hanoi market in general. Not to mention, when combined with a series of attractive policies being implemented by Vinhomes, such as early payment incentives of up to 10% or 0% interest support for 18 months with 70% of the apartment value, customers and investors will be able to own these limited masterpieces at the best price in the current period.

The race to own the ultimate collection of "gems"

In addition to the best selling price in the market, the two buildings S2.10 and S2.17 have become the destination in the race of both real buyers and investors because they inherit all the advantages of synchronous infrastructure, high-class utilities, full services and rare coastal resort lifestyle of the "Central District" Vinhomes Ocean Park 1 as well as the world's best urban area Ocean City.

Not only that, this apartment fund also owns a "million dollar" view of the spacious Coral Lake and the classy VinUni University. In particular, as soon as they pay, customers will receive the apartment to stabilize their lives and fully enjoy the top quality of life of Ocean City or put it into operation for rent, making a profit "without delay". Therefore, the S2.10 and S2.17 product baskets are "sold out" as soon as they come out. Many customers even have to fight for the opportunity to own these "precious gems".

For example, Mr. Hoang Cuong (Hai Phong), a parent who is looking for a quality and safe place to live for his son to study at university in Hanoi. The two apartment buildings S.210 and S.217 with their advantages in location and amenities became Mr. Cuong's "target" as soon as they were launched. However, buying a house is not as easy as Mr. Cuong thought.

“Although I have searched and entrusted many brokerage firms, I have not been able to buy an apartment here. The broker said there was an apartment, but while my wife and I were still discussing, only 30 minutes later someone had already paid a deposit,” Mr. Hoang Cuong lamented after several unsuccessful “hunting” attempts.

Adjacent to the elite VinUni University, apartments at S2.10 & S2.17 are sought after by many parents.

Ms. Do Lan Huong (Long Bien, Hanoi) is one of the investors who targeted the attractive products of the two apartment buildings S2.10 and S2.17. However, like Mr. Cuong, this investor still “left empty-handed” after the first sales rounds due to the heat of these special products.

“Although I am very familiar with the Eastern market, especially Ocean City, the speed at which the last two Sapphire buildings were launched and sold out was something I could not have predicted. My goal is to own at least two apartments in the next launches,” Ms. Huong expressed.

In fact, many other customers and investors are also quietly preparing resources to seize the opportunity to own the final products of this Sapphire subdivision. The race makes the already vibrant Eastern market even hotter in the final period of the year. Therefore, the upcoming launches will certainly be even more dramatic, and the opportunity only belongs to those who buy quickly and are lucky.

Source: https://baodautu.vn/batdongsan/khan-nguon-cung-can-ho-khach-mua-do-ve-cua-hiem-tai-phia-dong-ha-noi-d229116.html