(Dan Tri) - The real estate market at the end of the year recorded many positive and vibrant signals. The apartment segment continued to lead the market with prices increasing in both the primary and secondary markets.
New growth cycle
According to data from Batdongsan.com.vn, in the third quarter, apartments were the market leader with a 24% increase in interest. Analysts said that new legal reforms and attractive home loan interest rates have created a big advantage for apartments.
In addition to positive signals from transparent policies and laws, the boost for the real estate market in the Southern region also comes from a series of infrastructure projects being implemented. Many important projects such as Ring Road 3, Metro Line 1, Ben Luc - Long Thanh Expressway, the project to expand National Highway 1 (from Kinh Duong Vuong to Long An border) to 10-12 lanes... are being promoted to accelerate progress, creating momentum for real estate growth.
Savills Vietnam forecasts that in the last quarter of the year, the market will welcome about 6,700 more apartments, mostly from high-end and luxury projects. Particularly in the HCMC market, newly opened projects are mainly concentrated in the East, with prices of most projects exceeding VND100 million per square meter. In the South, the price of newly opened projects is approximately VND80 million per square meter.
In the West, this is one of the few areas where apartment prices are still reasonable, in line with real demand. For example, the Akari City project of investor Nam Long and 2 Japanese partners, the opening price is only from 45 million VND per square meter. This price is expected to decrease in the next few years, when the balance is tilted towards the high-end, luxury segment, pushing the average price up.
4 Akari City towers phase 2 with 1,707 completed products.
Akari City currently has only 50 final apartments in phase 2 that have been completed, meeting the needs of immediate home purchase. Accompanying home buyers, the investor implements a flexible payment policy, with banks lending up to 70% of the apartment value.
Customers enjoy a 0% interest rate for 18 months and a principal grace period of 24 months. In case of not using the loan package, customers will receive a 5% discount. With successful transactions in December, receive a gift worth 32 million VND.
The market's sprint phase
The last quarter of the year is always the peak season for the real estate market when real estate businesses promote product launch plans with stimulus policies, home buyers take advantage of the opportunity to find suitable products and take advantage of incentives from investors.
Resonating with a series of signals from policies, legal frameworks, public investment, etc., the fourth quarter is considered the market's transition point, before entering a new growth cycle. According to CBRE, apartment prices in Ho Chi Minh City may increase by 5-7% next year. A series of projects preparing to restart next year will adjust their selling prices by 10-30% compared to the previous launch. Therefore, this is the final stage for buyers with real needs to own a home that fits their finances.
Customers receive handover of Akari City apartment phase 2.
Located on Vo Van Kiet Avenue, the last apartment fund of Akari City phase 2 is one of the focal points attracting home buyers, especially young customers and young families because it meets the criteria of prestige, legality, sales policy, infrastructure connection and utilities, living environment. The project is completed and ready for handover, helping buyers feel secure about their new home plans in the new year.
With a scale of 4 towers AK 7,8,9 and NEO, Akari City phase 2 offers a total of 1,707 products, including 1,690 apartments and 17 commercial service apartments. The project was handed over in October and has begun to welcome the first residents.
Akari City Phase 2 attracts buyers thanks to its quality living space and modern, synchronous utility system. The 42m wide commercial avenue, light square and a variety of diverse utilities are arranged right at the foot of the building, bringing maximum convenience to residents. Thanks to that, the project becomes a convenient, modern and easily connected place to live, suitable for the needs of young families and young people.
Previously, phase 1 of the project was handed over in 2021 and is currently home to nearly 2,000 families. The investor said that it has also completed handing over pink books to the community of residents.
With the current limited fund of only the last 50 units, combined with synchronous utilities and strategic location, Akari City is a suitable choice for buyers to "put down money" before the real estate market enters a new price increase cycle.
Source: https://dantri.com.vn/bat-dong-san/thi-truong-tang-toc-quy-cuoi-nam-du-an-hoan-hien-tang-suc-hut-20241213184712191.htm
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