The market is recovering well, apartments are steadily increasing in price
According to data from Batdongsan.com.vn for the first 9 months of 2024, the real estate market recorded positive developments in all types. In particular, apartments are the type that received the most good news. Specifically, the level of interest in apartments in the third quarter of 2024 increased by 24% compared to the same period last year.
According to data from the Ministry of Construction, in the second quarter of 2024, apartment prices increased by an average of 5 - 6.5% compared to the previous quarter and increased by 25% compared to the same period in 2023.
Many newly launched projects in Hanoi and Ho Chi Minh City have quite high prices but the transaction volume is still positive. Most brokers assess the absorption rate of newly launched projects from average to very good, reaching over 80%.
Apartment prices are constantly increasing due to the large gap between supply and demand. In particular, after the three new laws came into effect, the number of investors meeting the requirements to implement projects is not much, while demand is still increasing. Dr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokers Association, forecasts that from now until the end of the year, the selling price of primary apartments will increase by an average of 3 - 8%.
In the context of supply in Hanoi and Ho Chi Minh City continuing to be scarce, localities with strong development potential thanks to FDI attraction, modern infrastructure investment, large population, and developed tourism such as Thanh Hoa become the priority of customers when choosing a location to invest.
Princess's Manor - the first subdivision of the high-rise project The Royal Residences (Vinhomes Star City) is a notable coordinate.
Maximum profit opportunity
There are many factors that make Princess's Manor catch the eye of investors when redirecting cash flow to Thanh Hoa, including the guarantee from the Vinhomes brand.
In fact, apartment projects in Vinhomes urban areas in big cities like Hanoi and Ho Chi Minh City show impressive absorption rates and liquidity. In particular, many investors holding Vinhomes real estate have made profits so far, especially those who bought from the first phase.
With Princess's Manor, the potential for price increase is quite clear. Located in a well-planned urban area, with high aesthetics, possessing a unique Japanese standard of living, synchronous infrastructure connections and benefiting from local economic growth are the fundamental factors driving the price increase rate of this project.
Japanese-style living space at Princess's Manor is popular with many customers.
Bringing Japanese living standards to Thanh Hoa, Princess's Manor impresses customers in every detail. This is where every resident can enjoy a resort life, nurturing body - mind - spirit thanks to the vast green areas. In addition, the internal landscape with a Japanese-style park, a landscape garden in the sky with a familiar scene of cherry blossoms, a viewing tower... also helps to extend the resort living experience at home for residents.
In addition, the project also invests in high-quality Japanese standard facilities, such as outdoor swimming pool, Jacuzzi, BBQ garden, reading garden, walking garden... to meet the residents' needs for life enjoyment. The romantic four-season life will be fully recreated in the typical scenery of the cherry blossom country.
Princess's Manor is also located in the Vinhomes Star City urban area which has come into operation. Thanks to that, residents not only enjoy the high-class internal facilities but also live in an international standard space right in Thanh Hoa with a civilized elite community. Here, all needs from shopping, education, and healthcare are fully met thanks to the complete "Vin family" utility ecosystem. This advantage also helps Princess's Manor become the leading livable project in Thanh Hoa, where all utilities are located in a complete complex.
Princess's Manor inherits the complete ecosystem and infrastructure of Vinhomes Star City urban area.
In addition, the prime location at the gateway to the urban area also helps Princess's Manor benefit from Thanh Hoa's infrastructure leverage. From here, residents can easily connect to the city's cultural and tourist centers, or neighboring provinces and cities as well as to the capital Hanoi. Thanks to that, the project can welcome the number of tourists and experts coming to the locality to settle down, work or travel for a short time, especially when Thanh Hoa is in the top of the country in terms of tourism and investment attraction.
Converging the criteria of a product with great growth potential, Princess's Manor is expected to contribute to leading a new development cycle of Thanh Hoa real estate market.
Source: https://dantri.com.vn/bat-dong-san/princesss-manor-gio-hang-don-song-tang-truong-tai-thi-truong-xu-thanh-20241002181620503.htm
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