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Can Ho Chi Minh City satellite real estate pull real demand?

  • Thursday, 10:16 Day 08/12/2022
  • When the market become quiet, to serve real needs is more and more popular. There has never been a time when real estate businesses have many sales policies with breakthrough incentives for users like the present time.

    Real demand to buy for living

    With the gradual emergence of small and large-scale urban area projects around the city. Ho Chi Minh City has been changing the face and face of the real estate market. It can be seen that the real demand for housing is forming more and more clearly in the projects in the suburbs, when the price of real estate in the city increases, the price fever comes with the increasingly scarce land source.

    In fact, the speed of urbanization is increasing rapidly along with overcrowding in big cities like Ho Chi Minh City. In Ho Chi Minh City, Hanoi or Da Nang, the development of a satellite city is one of the necessary options. This is to reallocate the population, solve the overload impact on the infrastructure as well as the environment in the central urban area.

    As the socio-economic locomotive of the whole country, TP. In Ho Chi Minh City or Hanoi, there are typical models showing the success of satellite cities.

    For example, in Ho Chi Minh City, the birth of Thu Duc satellite city has helped develop infrastructure, leading to a shift in investment flows. This trend plays a significant role in rescuing the central area from population pressures, and at the same time shaping new young and modern urban areas.

    During the period of formation and development, Thu Duc city witnessed the formation of a series of real estate projects of great scale, which completely changed the appearance of the area. Besides, creating a real place to live and improving the quality of life for people in the area. Large-scale projects include a series of projects such as urban area Van Phuc City, Vinhome Grand Park, Melosa, Laimian City project, Urban area Sala, Saigon Garden Riverside project...

    The 9 Stellars by SonkimLand

    Besides Thu Duc, the South area is also one of the potential areas for strong development of Ho Chi Minh City. This area expands space, is an important place to connect direct economic exchanges with the western provinces, in terms of "real demand for real estate" is quite large. In recent years, this place has appeared a series of large-scale real estate projects, attracting real demand for housing, contributing to changing the appearance of the area. Not to mention, Mizuki Park with a scale of 26ha of Nam Long Group is offering to sell the line of high-class apartments along the river Flora Panorama. This is an urban area that has attracted thousands of residents before.

    At Nguyen Huu Tho - the arterial road of the South Saigon area, there is the Dragon City urban area of Phu Long, with a scale of 65ha, crowded residents. Currently, the component apartment project is Essensia Sky - a health-focused apartment project. being launched by Phu Long, the second phase of the market with a series of extremely attractive preferential policies, in order to attract real housing demand. In addition, Celesta City urban area with the success of Celesta Rise, Celesta Heights by the joint venture between KeppelLand and Phu Long developers, is expected to launch a new subdivision after 2023.

    The 9 Stellars Project Next to Metro Station

    With the emergence of many projects of apartments, townhouses, villas ... in addition to investment needs, these projects have led to the real demand for living and working. The population overcrowding in the inner city' area has been partly relieved to the Southern region in recent years.

    Comments from experts?

    According to experts, in the context of negative market fluctuations, while income has barely increased, and disbursing bank capital is difficult, even connoisseurs are pondering over the cash flow. investment money when capital flow is not as easy as before. Prioritizing this time, buyers with real housing demand tend to increase, they are looking for suitable projects with reasonable selling prices, loan support and payment incentives.

    It can be seen that real estate meets real housing needs, especially property lines apartments are less generally affected by difficulties compared to other types. A special factor for this type to remain stable in the face of the vortex of volatility, according to experts, is to hit the target in meeting the settlement needs of the resident community.

    The 9 Stellars

    In the context that real estate prices in the city are constantly increasing, there are still projects with price thresholds ranging from 50-60 million VND/m2, this is considered a reasonable choice that is not too difficult to find. access for real needs. Therefore, despite the volatility of the market, some apartment projects in Ho Chi Minh City "reversed" to offer for sale, the absorption rate is quite good.

    Sharing in the press recently, Mr. Nguyen Tho Tuyen, Chairman of BHS Group, said: At the moment, speculation has lost liquidity, investment has slowed down, and real-life products are interested. This person said that real estate serving real needs, apartments, industrial parks, industrial parks support has a lot of potential for development in the present and in the future.

    Sharing the same view, Mr. Vo Huynh Tuan Kiet, Director of Housing CBRE Vietnam, said that the continued scarcity of supply while real demand continues to be very high is a great opportunity for investors to find housing. Make profit, develop business, expand development area. Because "real estate prices" in central districts of many cities are constantly increasing, becoming expensive, investors tend to.

    Source: Internet