Launched at the right time, The Opus One benefits from a series of price increase levers

Apartment supply in Ho Chi Minh City is at a record low with only about 1,700 units coming to market in the first 6 months of 2024.

Limited supply has promoted the upward trend of real estate products, in which projects with beautiful locations and connections to key transport infrastructure projects are being sought after by customers and investors.

Scarce supply, real estate prices continue to increase

At the end of the first quarter of 2024, the real estate market in Ho Chi Minh City had only 500 new apartments for sale. By the second quarter of 2024, the market had nearly 1,200 more apartments. This number is a record low compared to the previous period and is mostly from old projects offering the next phase.

Due to limited new supply, most apartment projects launched in the first 6 months of the year achieved good absorption rates, with an upward trend in prices in the market. Specifically, apartment prices in the primary market in Ho Chi Minh City increased by about 3% quarter-on-quarter and 6% year-on-year. The secondary market also recorded an increase of 4% quarter-on-quarter and 3% year-on-year.

The Opus One - Top 1 project in Vinhomes Grand Park metropolis creates a big push for the Southern market.

Market records show that real estate prices in Thu Duc City, where many high-end and luxury projects are concentrated, are 10% higher than the general level of Ho Chi Minh City. According to experts, scarce supply and high demand lead to inevitable price increases in projects that simultaneously converge many strengths in terms of legality, completion progress, internal utilities, synchronous surrounding infrastructure, etc. In addition, large traffic infrastructure projects in the area have been positively impacting the establishment of new price levels for the real estate market in the East according to each stage of completion.

Currently, the East of Ho Chi Minh City is leading the market, accounting for 54% of the total new supply in the first half of 2024 with special absorption. In particular, The Opus One - the Top 1 project in Vinhomes Grand Park urban area has just opened for sale and received the attention of the market when the project launch ceremony attracted 5,000 sales specialists and agents.

The Opus One takes the spotlight of the Southern market

As a project created by two leading real estate brands, Vinhomes and SAMTY Group (Japan), and the last project to be implemented at Vinhomes Grand Park, The Opus One possesses a series of advantages and superiority compared to previously launched projects.

Standing out among the 271-hectare complex of Saigon’s most livable metropolis, The Opus One is located in a rare “center within the center” location. Within just 1-10 minutes of walking, residents can connect to major amenities such as the “shopping paradise” Vincom Mega Mall, the 36-hectare park, the “entertainment universe” VinWonders, Golden Eagle Square, Vinschool Cambridge system…

Surrounding the Top 1 project of Vinhomes Grand Park metropolis are many other high-class amenities, such as a 2-storey golf course with 36 slots, a 43-storey office tower, Vinmec international hospital, commercial service streets Broadway, Ginza, marina... This prime location is a guarantee of sustainable price increase for The Opus One apartments.

Another factor that makes The Opus One the focus of customers and investors is that the project is directly connected to many key transport infrastructure projects in the area. Accordingly, Vinhomes Grand Park is a rare project with a radial Ring Road 3. Not far from the project is Long Dai Bridge, Long Phuoc Road upgrade project, Ben Thanh - Suoi Tien metro line...

In particular, with its location next to Long Thanh airport, it is expected that in 2026, when this great project comes into operation, The Opus One will be one of the projects that benefit the most, welcoming a traffic volume of up to 25 million passengers/year.

With that pair of value-increasing levers, in the eyes of investors, The Opus One not only has sustainable value-increasing over time, is a safe form of asset accumulation, with full legal status and high liquidity, but is also a potential rental product.

Meanwhile, for customers who want to buy a real house, the project is expected to create a breakthrough in both living space and lifestyle. Specifically, The Opus One is invested in developing a resort-style utility system that focuses on wellness values. The design inside the lobby, reception area and space of each apartment is according to the standards of a luxurious and classy 5-star hotel.

The luxury resort-style utility system focusing on wellness values at The Opus One attracts an elite community of residents.

In the context of scarce supply, the trend of investors and home buyers with real housing needs is towards sustainable value, The Opus One becomes the top choice when converging many outstanding advantages. The Top 1 project in the heart of Vinhomes Grand Park is also a highlight of the Southern market in the new development phase.

Source: https://baodautu.vn/batdongsan/ra-mat-dung-thoi-diem-vang-the-opus-one-huong-loi-tu-loat-don-bay-tang-gia-d224578.html