Mr. Nguyen Tuan in Hanoi has 2 billion VND in savings at the bank. Interest rates are continuously decreasing, at the bank where Mr. Tuan deposits for a 6-month term, the rate is currently only over 6%.
Knowing that saving is a safe channel, but the interest rate has decreased a lot, making Mr. Tuan wonder, should he continue saving or invest in land?
“If I invest in land, with the available money, which potential areas can I invest in? Is now a good time to “put down money” to invest?”, Mr. Tuan asked.
In response to investors' hesitation, sharing with VietNamNet reporter, Mr. Nguyen Anh Que, Chairman of the Board of Directors of G6 Group, said that there are currently 2 groups of investors in the market.
A group of about 20% are investors who predict the real estate cycle, the economic policy situation in the country and the world. They have started to buy.
The remaining 80% of investors are still waiting. Waiting for the real estate market to become relatively active, they will feel truly safe to return to the market.
Therefore, according to Mr. Que, the amount of money deposited in banks is still quite large, but there will be a reversal from the last quarter of this year.
Regarding investors wanting to choose to invest in the land segment, the Chairman of G6 also expressed optimism about this segment.
According to his analysis, inner-city townhouses are still expensive, supply is limited, and transactions are low. The resort segment is still affected by the number of tourists, so it is still slow. It is predicted that this segment will be the latest to return to the market cycle.
As for apartments, from the second quarter to the fourth quarter of 2022, they have been "hot" and prices have increased by about 30%. Currently, the supply of apartments in big cities such as Hanoi and Ho Chi Minh City is very limited and prices are high. In the coming time, social housing projects in industrial parks will be the bright spots of the apartment market.
Meanwhile, the land segment has high potential for price increase, only a few hundred million to more than 1 billion VND can be found to buy. Therefore, land is still the product chosen by many people.
However, according to Mr. Que, there will be a purification of areas, locations, planning, and legality, not as easy as before, like "if you have a product, buy it, buy it and win".
"Buyers must carefully calculate whether this land can be used for living or for business before buying," said Mr. Que.
According to the market observation, the Chairman of G6 said that the period from now until the end of the third quarter of 2023 is the period for "shark" investors. They will buy large land funds, "suffocating" real estate.
For investors with small capital, this stage is quite difficult to invest money but they have already started looking for products.
Therefore, with a budget of 1-2 billion VND, according to Mr. Que, it is possible to find real estate near industrial parks.
“For example, the base blocks of large-scale social housing projects in industrial parks. Or land near the gates of industrial parks. Land in large tourist centers can be built for living, or rented out for business… can also be chosen for investment,” the leader suggested.
Besides Sa Pa, Ha Long, Bac Giang… areas that are being planned from type 1 urban areas to central cities such as Nha Trang, Cam Lam (Khanh Hoa). Or areas planned from type 2 urban areas to type 1 urban areas such as Phu Quoc… are all potential markets that can be chosen for investment.
In addition, once the investment area has been determined, it is necessary to carefully consider whether the land is near the sea, near the center, near the road; or whether the land is residential, can be used for living or business... all need to be carefully researched.
Before investing, Mr. Que said that it is necessary to carefully study the local development planning, the land planning and legality.
Source
Comment (0)