Starting from the middle of quarter 4/2020 until the days approaching the Lunar New Year is showing a different picture, when recently, the real estate market has witnessed a series of product launch and introduction programs. father eat according to Thu Duc city event.
According to Ho Chi Minh City Real Estate Association (HoREA), from now until the Lunar New Year and the whole year 2021, the city real estate market continues to recover and grow again. Accordingly, in the last months of the year, many real estate businesses started to launch their products to the market, contributing to improving supply. For the secondary market, most buyers are still cautious and wait for the year. The price level may not change too much, especially for land plots.
Ms. Dang Phuong Hang – CEO of CBRE Vietnam said that in the context of Covid-19 and the long-term impact of licensing, the number of new projects is increasingly scarce in the market, investors Reputation with products in this period will be positively received by the market and strengthened. In addition, the projects in “Thu Duc city” that are currently the focus of attention of the market in recent years will have a strong rebound after the epidemic is under control.
However, due to the heat of Thu Duc City, the price of real estate in this area is being “pushed” up quite high, while customers’ sentiment is still waiting to see how the situation develops first. when deciding to “money down”. Taking advantage of this opportunity, many real estate investors have launched many new product lines in the areas adjacent to Thu Duc City to attract customers to divert investment.
Typically, in Binh Duong – the hottest real estate market in recent years, Phu Dong Group Company is planning to open the sale of Phu Dong Sky Garden apartment project (Di An City). The New Galaxy project in the area of the National University Village of Ho Chi Minh City (under Di An) of Hung Thinh Group is also being actively offered for sale. After selling for more than 2 months, recently LDG Group has officially started the LDG Sky project in Ho Chi Minh City National University Urban Area (Di An) …
In the city. Thuan An, a number of other businesses also have projects being introduced in the market such as Quoc Cuong Gia Lai, Bcons, Dat Phuoc, Dat Xanh Group … In parallel, Phat Dat Real Estate Development Joint Stock Company and Danh Khoi Group launching the Astral City luxury apartment and commercial complex, located in front of QL13 (the area is planned to be a high-end financial, commercial – service avenue of Binh Duong. ). With a scale of 8 40-storey towers, Astral City is one of the largest projects in Thuan An and Binh Duong area.
In Dong Nai, Novaland Group introduced to the market the next products of Aqua City project (Bien Hoa city); Hung Thinh Land also launched a new project called Bien Hoa Universe Complex (Bien Hoa City); Dat Xanh and Kim Oanh “dominate” the Long Thanh market with two large-scale projects; or Phu Dong Group is offering to sell the land project in Nhon Trach ….
Not only a big launch, real estate businesses also continuously offer beer sales with peanuts or financial support to attract customers. As at Astral City project with 30% preferential payment policy until receiving the house, customers only need to pay 100 million VND for the first installment and 1% per month thereafter. Not only that, during this time, the project also applies a discount up to 12% when registering an apartment aspiration.
According to experts, the current real estate market is not bad. The proof for this fact is that since the beginning of the year until now, epidemics have raged, but real estate prices have not decreased, projects meeting real needs have increased. The current market difficulty is temporary, even the congestion of project development procedures is gradually being removed and most importantly, the demand is still good, in the difficulty of forming new opportunities. is an opportunity for professional real estate developers to buy back land and develop projects, bring products to the market, instead of leaving them in the hands of those who lack potential and professionalism.
Mr. Tran Hieu – Deputy General Director of Marketing & Sales Division DKRA Vietnam also said that the current market movement in the satellite cities of Ho Chi Minh City is very positive. Traffic infrastructure is invested and developed strongly to promote circulation very convenient and quickly. At the same time, the real estate prices are still low, and are likely to increase.
“For example, the price at the center of Thuan An city is not equal to the price of the suburban districts of Ho Chi Minh City. Meanwhile, Thuan An is the focus of Ho Chi Minh City and City. Thu Duc, Di An City, Thu Dau Mot City and concentration of many international utilities that are not available in the suburbs such as Aeon Mall, Lotte Mart, Hanh Phuc Hospital, Becamex, schools at all levels , … This is also the reason to attract many investors, project developers to come here to invest. Certainly within a radius of 1-2km from the Aeon Mall cluster, Lotte Mart will form an international city when all transport infrastructure and utilities are ready “.