- Critical projects with a total value of up to hundreds of trillions in the Hanoi sprint
- In the first 4 months of the year, traffic infrastructure was arranged at VND 22,000 billion
- The Prime Minister asked ministries and branches to join forces to remove difficulties in the real estate market
- 81,000 apartments in 355 commercial housing in Ho Chi Minh will be issued Pink Books in 2023
- National Reunification - International Labor Day and Hung Kings Commemoration Holiday Annoumcement
- VIProperty opens new office at Eco Green Saigon project.
- VIProperty’s new official representative office at Eco Green Saigon District 7
- Summary of existing shophouses at Eco Green Saigon
Market research: Investing in apartment in Ho Chi Minh City
The apartment real estate market in Ho Chi Minh City recently witnessed a sharp increase in prices in the context of declining supply and fear of inflation causing more money to flow into projects with great potential. Besides, the factor of investment in transport infrastructure in key areas of Ho Chi Minh City has also helped increase the value of projects in recent times.
In fact, the market also shows that the consumption of apartments in Ho Chi Minh City is increasing strongly, especially in primary projects. In terms of the absorption rate of new projects, most of them are at 90%, some projects have sold about 90-100% on the day of announcement. This proves that the upside potential of the apartment real estate segment is still very good for investors.
Meanwhile, the Government is currently promoting public investment. In the period of 2021 - 2025, the total public investment capital is up to VND 2.87 million billion, expected to reach 95% disbursement, higher than 75% of the 2016 - 2020 period. With big projects such as: Ben Thanh Metro Line - Suoi Tien, Thu Thiem 2 Bridge, Thu Thiem 3 Bridge, An Phu intersection, Nguyen Van Linh Boulevard,.... This will create a big boost for surrounding projects in terms of increasing real estate value of investors.
Real estate prices have a correlation with inflation, once inflation increases, real estate prices often tend to increase, even sharply. When inflation is higher along with moves such as interest rate adjustments from the State Bank, buyers' ability to pay will have short-term adjustments.
Eastern Area of Ho Chi Minh City - Hot market in the future
According to the analysis of many experts, the current trend of people is gradually moving to satellite urban areas - where well-connected infrastructure is clearly forming. In particular, the eastern area of Ho Chi Minh City increasingly attracts investors and buyers to live thanks to well-invested infrastructure with a total capital of tens of thousands of billion dong.
In the future, Thu Duc area is expected to be a place to live and work for a large community of experts and intellectuals at home and abroad, most of which are citizens from Korea, Japan, and Taiwan.
The reality of the current housing market shows that both homebuyers and individual investors are willing to move further than before to find and buy a house in a well-planned, professionally managed area with full amenities, integrated benefits in the area and more importantly, reasonable price.
Large investors are flocking to Thu Duc city, where there is a large land fund and modern transport infrastructure that is about to be developed in the future in addition to the ability to connect with satellite cities around the city. This is a great value potential of Thu Duc City when it has a very special strategic location in the upcoming development period.
Some well-known investors in Thu Duc City:
- Vinhomes: Vinhomes Grand Park
- Masterise: The Global City, Masterise Center Point
- Khang Dien: Khang Dien House
- Van Phuc Group: Van Phuc City
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Critical projects with a total value of up to hundreds of trillions in the Hanoi sprint
Many critical projects in Hanoi City are being accelerated to be completed this year and in 2024. Specifically, the investment project to build cultural and social works in Hanoi, with an investment of more than 1,300 billion VND, with a scale of nearly 40,000 m2, is expected to be completed in 2024.
In the first 4 months of the year, traffic infrastructure was arranged at VND 22,000 billion
The Ministry of Transport has disbursed nearly VND 22 trillion of public investment capital for transport infrastructure projects in the year's first four months. This figure is higher than the national average, reaching 23.2% of the plan assigned by the Prime Minister in 2023
The Prime Minister asked ministries and branches to join forces to remove difficulties in the real estate market
In Dispatch 469/CD-TTg, Prime Minister Pham Minh Chinh suggested that ministries, sectors and businesses... join forces to overcome difficulties and challenges to develop a healthy "Real Estate" market.
81,000 apartments in 355 commercial housing in Ho Chi Minh will be issued Pink Books in 2023
The Department of Natural Resources and Environment document announcing 355 housing projects that have been appraised are eligible for certification. Accordingly, 81,000 products will be issued with pink books, including apartments, individual houses, offices, and shop houses....