Vibrant market, affordable apartments with good liquidity
At the end of each year, the Vietnamese real estate market often becomes more bustling because many people have the habit of buying a house as a reward for themselves after a year of hard work. The end of the year is also the time when many workers and businesses accumulate a certain amount of money from business profits or bonuses from the enterprise. And this is also the time when investors launch the most exciting products with attractive incentive programs to attract customers to their projects.
Market records show that in the end of the third quarter and the beginning of the fourth quarter, many apartment projects being offered on the market have had quite good absorption. In Ho Chi Minh City, investors such as Nam Long, Masterise Homes, Phu My Hung, Khang Dien… are opening for sale with the interest of quite a lot of customers.
In particular, in the suburban areas such as Binh Duong, Dong Nai, Long An, the situation has changed more positively than at the beginning of the year. The product segments in these markets are quite diverse, from land, townhouses/villas to apartments. The most active investors are Kim Oanh Group, Phu Dong, Thang Long Real...
However, according to research, most of the customers buying real estate at this time have real housing needs. Very few customers are investors due to many reasons such as not having easy access to bank loans, the amount of goods purchased before has not been sold yet... This is also the main reason why the affordable apartment segment has recorded outstanding liquidity compared to luxury apartments, land or townhouses.
According to Mr. To Duy Chinh - Director of Business Division of Kim Oanh Group, the common point of home buyers at this time is that they want to find projects that have completed legal procedures, are ready to hand over houses, have affordable prices, and have attractive support policies from investors.
“A house is a very valuable asset. Many people save their whole lives but still have to borrow money to buy it, so they want to find truly safe projects to avoid falling into the situation of “losing both money and health”. In fact, in the past, many people who bought houses in projects that did not have enough legal documents suffered many disadvantages because the investor was slow to deliver the house or could not issue the pink book after handover,” he said.
Opportunity to buy an apartment from only 900 million next to AEON Mall
According to experts, home buyers in projects that are being or are about to be handed over are currently receiving unprecedented incentives from investors. Because most of these projects have entered the final stages, investors are stepping up sales campaigns to finish the projects soon and focus on implementing new projects next year.
Some investors are even willing to give away gold, directly discount 5-10% of the selling price or lucky draw programs worth billions of VND to stimulate customers to close contracts. For example, at the Legacy Prime project, the investor is launching the final product basket with about 100 apartments priced from only 900 million VND/apartment with a series of incentives such as customers only have to pay 99 million VND in advance to be able to sign a sales contract, the rest is paid in monthly installments of only about 3.5 million VND.
In addition, customers will also receive a principal grace period and interest support for 36 months from the investor, and enjoy a policy of renting out apartments up to 216 million VND for 36 months (customers who receive the house to live in will still receive 50% of the committed amount). In addition, customers will also receive a high-end furniture package worth up to 60 million VND and participate in a promotional program with the opportunity to win houses, cars... worth billions of VND.
According to research, Legacy Prime is the project with the most attractive price and customer incentive program in the Binh Duong market today. However, the project still integrates a series of great advantages such as systematic planning with more than 30 internal facilities, construction quality guaranteed by Hoa Binh Group, Savista is the management and operation unit. In particular, the project is completing the final stages to prepare for handover of houses right before Tet.
Outside, within just 5-10 minutes, Legacy Prime residents can easily access a series of amenities such as AEON Mall, Asia Columbia International Hospital, schools from kindergarten to university, traditional markets, golf courses... In particular, the project is located in an area with a series of large infrastructure projects being implemented such as Ring Road 3, Ho Chi Minh City - Thuan An - Thu Dau Mot - Chon Thanh Expressway, expansion of National Highway 13, DT 743, DT 746... with huge development potential.
All of the above factors make the real estate business community evaluate Legacy Prime as not only suitable for settling down but also very attractive for those with idle money to buy for rent, surfing and waiting for the price to increase to resell. Because Thuan An city is home to many large industrial parks in operation, the housing demand of experts and workers is very large. When the above infrastructure projects are put into operation, the value of apartments as well as rental values will increase even more.
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