Meypearl Harmony - The perfect piece for the Pearl Island real estate picture

Phu Quoc is facing many new opportunities, however, the overall picture of Pearl Island real estate is still waiting for a new step forward, a complete piece to be ready to take off in the next phase.

Phu Quoc faces new opportunities

With long stretches of white sand, emerald green waters, diverse terrain and rich flora and fauna, Phu Quoc was voted the second most beautiful island in the world by Travel + Leisure magazine. These natural conditions are the perfect foundation for Phu Quoc to be chosen as a large, modern, high-quality, national-level tourism, resort and international trade center in the region and the world.

Currently, Phu Quoc is enjoying special mechanisms for economic development such as: tax exemption in duty-free zones; visa exemption for foreign visitors for 30 days; support for low credit interest rates; enjoying a corporate tax rate of 10%; exemption/reduction of taxes and fees for many imported goods... Thanks to the above special mechanisms, Phu Quoc has maintained an average economic growth rate in the period 2004 - 2023 at a high level of nearly 20%/year, each year higher than the previous year.

Phu Quoc is facing great opportunities in the coming time.

Recently, on September 30, 2024, the People's Council of Kien Giang province, term X, held the 26th Session (Special Session) to approve a number of important issues on public investment and project implementation. Accordingly, the Resolution "Project to classify Phu Quoc city as a type I urban area of Kien Giang province" was voted to pass. This is a premise for Phu Quoc to continue to exploit, invest in construction, and develop socio-economy, commensurate with being an economic zone with a special position.

Pearl Island needs more supply of long-term accommodation apartments

According to Decision No. 150/QD-TTg approving the Master Plan of Phu Quoc City, Kien Giang Province to 2040, Ngoc Island is positioned as a sea-island urban area meeting the standards of a type I urban area with a special position; a comprehensive sea-island tourism and ecological service center with many distinct values and national and international quality; a regional and international trade and service center, a regional and international high-tech health care and nursing center. It is forecasted that by 2040, the total urban population will be about 680,000 people, including an official population of about 430,000 people and other population components such as tourists, workers, etc.

With the rapid urbanization, there will be a “revolution” in the expansion and modernization of urban space, accompanied by increasing job opportunities. This shows that Phu Quoc will need a large supply of residential apartments to meet the real housing needs of the workforce, experts, business people, etc. moving to the Pearl Island with the intention of settling down for the long term.

However, the Phu Quoc real estate picture is showing a phase difference in the structure of product types when urban land accounts for only 6% of the total land fund of the whole island, the rest is focused on tourism development and natural forest conservation. Therefore, although it is the best growing real estate market in the country, most real estate products serve the needs of short-term accommodation or resorts. While the real, long-term housing needs are still being neglected.

Finding the missing piece for the Pearl Island real estate puzzle

As a rare high-rise apartment project in Phu Quoc with long-term ownership, Meypearl Harmony is located in the most prime location in the pure urban complex Meyhomes Capital with feng shui terrain when surrounded by 3 mountains: Ra Da, Vo Huong, Kien Van and adjacent to 2 seas. Thanks to that, the project not only receives abundant vitality from nature, but also inherits the existing all-in-one utility system of Meyhomes Capital urban area.

Meypearl Harmony has outstanding advantages in terms of location, the intersection of major routes such as: 66m wide Bai Truong coastal road, billion-dollar highway, DT975, Binh Minh boulevard connecting East and West... The project's location makes it easy to travel to Duong Dong center, the airport and famous places on the island. In addition, Meypearl Harmony has a unique position when it is only 150m from Bai Truong beach. This place is also the "capital" of a series of international 5* and 6* resorts and hotels, opening up attractive investment opportunities for profitable rental.

Meypearl Harmony Phu Quoc - A complete piece of the real estate picture of the Pearl Island.

With strong internal strength and a distinct development orientation, Meypearl Harmony is like a bright star in the sky of Pearl Island, directly completing the picture of a Phu Quoc that is increasingly developing strongly, worthy of being a comprehensive sea-island tourism and ecological service center with many distinct values and national and international quality.

Source: https://baodautu.vn/batdongsan/meypearl-harmony---manh-ghep-hoan-thien-cho-buc-tranh-bat-dong-san-dao-ngoc-d227362.html