Apartment prices in Ho Chi Minh City increase by an average of 15-20% per year. If each square meter of mid-range apartments in 2015 cost about 35-50 million VND/m2, by 2023 it will increase to 50-70 million VND/m2.
A recent survey by Cushman & Wakefield showed that the average price of apartments in Ho Chi Minh City reached VND87 million/m2 by the second quarter of 2024. The supply of apartments priced at VND50 million/m2 or less has become rare, although customer demand is mostly concentrated in this segment.
In addition, investors are facing a difficult problem of land funds and strict standards for project development under new laws. This means that the supply of apartments continues to tighten, and primary apartment prices may increase in the coming time. Therefore, recently, the market has seen a move by home buyers to "put down money" before the price level increases in the coming time.
Affordable apartments in high demand
As one of the largest projects in the West of Ho Chi Minh City, Akari City 8.5ha is receiving strong attention because it meets the criteria of price and multi-utility planning, suitable for real estate buying needs.
Akari City has a scale of 8.5 hectares and is located on Vo Van Kiet Avenue.
The last apartment fund of Akari City phase 2 is being introduced with competitive prices, from 45 million/m2. Homebuyers only need 30% initial capital, the bank lends up to 70%, within 18 months, interest-free and 24-month principal grace period. Practical financial solutions help customers, especially young people and young families, easily own a house in the context of continuously increasing house prices.
Akari City marks the 5th cooperation between Nam Long and 2 partners from Japan with over 100 years of experience, aiming to create a quality, convenient and modern living space. The project is systematically planned with multiple layers of utilities, from the Light Square, the commercial avenue gathering a chain of commercial - culinary - office services in the center of the entire project to the separate utility system inside each apartment cluster with clubhouse, swimming pool, gym, community room, children's play area...
Located on Vo Van Kiet Avenue, Akari City has a great advantage in connectivity, only 20 minutes from District 1 center, easy access to Aeon Mall, MM Mega Market, Ho Chi Minh City University of Economics, City International Hospital... in 15 minutes. Ngo Thoi Nhiem Inter-level School is a few steps away from the project, which is also a plus point highly appreciated by buyers.
Guaranteed progress, settlement from the fourth quarter of 2024
Launched in 2019, Akari City has so far handed over phase 1, welcoming nearly 2,000 families to settle down. Phase 2 includes 4 towers AK 7, 8, 9 and NEO, 30 floors high, more than 1,600 products are following the overall progress to be handed over in the fourth quarter of this year.
4 Akari City towers phase 2 will be officially handed over from the fourth quarter of 2024.
Ahead of the handover, Akari City phase 2 is being constructed at a high level under close coordination between the investor, construction contractor, and consulting and supervision units...
The exterior of the four towers AK 7, 8, 9 and NEO is almost completed. The highlight of the utility is the Light Square which is about to be put into operation, while the utility items, internal landscape... are being accelerated to complete for acceptance in the coming time. This is an important reference base to help home buyers verify the project progress and experience the actual living space.
Choosing Akari City apartment at this time, customers can rest assured to plan to move into a new home from the end of this year and receive preferential policies of up to 700 million VND being implemented by the investor.
Construction work is highly focused, ensuring progress - quality - safety.
According to analysts, in the period when the market is moving according to new laws with stricter regulations on construction, development and product trading, significantly affecting housing prices and future supply, projects that are about to be handed over are of special interest to real buyers and long-term investors.
Source: https://dantri.com.vn/bat-dong-san/thi-truong-bat-dong-san-bat-dau-tang-toc-giao-dich-dang-do-ve-dau-20240829200751280.htm
Comment (0)