Despite being affected by interest rates and economic fluctuations, the real estate market still attracts great attention from investors. Many customers continue to look for products with reasonable prices and are ready to pay.
Despite being affected by interest rates and economic fluctuations, the real estate market still attracts great attention from investors. Many customers continue to look for products with reasonable prices and are ready to pay.
Quickly seize the opportunity
The notion that “January is the month of fun” is no longer true for real estate investors. In fact, as soon as the market reopened after the Lunar New Year, many investors quickly seized the opportunity and were ready to put money down to take advantage of potential projects.
Ms. Tran Thi An, Deputy Director of An Gia Real Estate Company, said that investors today do not wait too long, they take advantage of the beginning of the year to search and close transactions early, especially with products at good prices or located in areas with great growth potential.
“The proof is that right in the first days of spring, my company recorded a successful transaction when 2 investors agreed to deposit to buy land in Dinh Quan district (Dong Nai),” Ms. An informed.
Similarly, Mr. Hoang, a sales broker at the Green Emerald Tower project in the Bcons City Urban Area, excitedly shared that in just the first days of the year, specifically the 5th and 6th of Tet, he successfully signed the first transaction of the year, which was a 2-bedroom apartment with a price of 2.2 billion VND.
Our records show that, immediately after the Land Registration Office resumed operations (the 6th day of the Lunar New Year), many companies, brokers, and investors came to contact and work, and carry out transactions related to real estate.
According to data from the Batdongsan news site, in Hanoi and Ho Chi Minh City, the level of interest in real estate on the 9th day of Tet (February 6, 2025) increased 4-6 times compared to before Tet. The number of listings for sale and rent on Batdongsan - reflecting the market supply, increased about 4 times compared to the week before Tet. In particular, the land and apartment segments had the strongest recovery. These positive signals show the optimistic sentiment and readiness to participate in the market of both investors and businesses.
The market is moving into a reasonable adjustment phase.
Talking to reporters from Dau Tu Newspaper, market participants shared the same opinion that real estate recovered positively right after Tet. As usual, the demand for real estate decreased sharply before and during Tet, but only in the first week after the holiday, the indexes increased sharply. This shows that money is still quietly flowing into the market, especially in the land and real estate segments with strategic locations.
“From an expert’s perspective, I see that the current market is no longer chasing hot growth, but is gradually moving to a reasonable adjustment phase, focusing on product quality and sustainable business strategy,” affirmed Mr. Luu Quang Tien, Deputy Director of the Dat Xanh Services Institute for Economic - Financial - Real Estate Research (DXS-FERI).
According to Mr. Tien, despite concerns about interest rates and economic fluctuations, customers' interest in real estate is still quite high. The psychology of buying a house and investing is improving in a more positive direction. In particular, many customers continue to look for real estate with good prices so they can put money down right in the first months of the year.
This reflects the fact that the demand for real estate is still very high, but customers are increasingly choosing more carefully, prioritizing projects with clear legal status, good development potential and reasonable prices.
In the Southern region, the market in January 2025 recorded 520 new products, with an absorption rate of 58%. This is an impressive figure, showing that the level of customer interest remains stable, especially in Ho Chi Minh City and Binh Duong - the two leading localities in terms of supply and transactions.
After the Lunar New Year, many large projects are expected to be implemented, including A&T Sky Garden, Stown Gateway, The Gio Riverside, Happy One Oriana, Orchard Heights, Masteri Grand View GD2. At the same time, areas such as Long An, Dong Nai, Can Gio district (HCMC) are also becoming more vibrant with information about new projects from major investors such as Vinhomes, Ecopark, Gamuda Land. This will be a new source of supply, helping to make the market more bustling.
One notable point is that real estate prices in January 2025 did not have many major fluctuations. According to DXS-FERI's survey, the apartment segment had prices ranging from 27 - 80 million VND/m2, a slight increase of 1 - 2% per month; townhouses had an average price of 30 - 100 million VND/m2, remaining stable; villas had a price range of 60 - 320 million VND/m2, with no significant fluctuations; shophouses had prices ranging from 30 - 350 million VND/m2, keeping prices stable; and in the land segment, prices ranged from 15 - 55 million VND/m2, not much changed compared to the previous month.
Source: https://baodautu.vn/batdongsan/nha-dau-tu-van-danh-su-quan-tam-lon-den-bat-dong-san-d246768.html
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