3 outstanding advantages from the handed over apartment

Many benefits for buyers

Once looking for apartments under construction, forming in the future, but over time, Mr. Hoang's (Vinh City, Nghe An) perspective has completely changed: "After witnessing many projects being "shelved" by investors, having legal disputes or being built in violation of planning, handing over poor quality interiors, causing buyers to "lose money and suffer", I understand that new projects with slightly lower prices do not always bring better benefits. With advice from friends, I switched to looking for completed and handed over projects as a safe housing option for my family".

According to real estate experts, the Vietnamese view has always been “pay and receive”. The reason why handed-over apartments are popular is because they bring many benefits to buyers, including 3 notable points:

Firstly, buying an apartment that is being built in the future has a high risk when the project may be delayed in handing over, or the quality may not be as initially committed. Meanwhile, this risk will approach zero for apartments that have been handed over.

Handed over apartments attract home buyers. Photo: North Central Real Estate

Second, in terms of economics, when buying a handed-over apartment, the buyer can live in it immediately or rent it out immediately, so the profitability is considered much better than that of a future apartment. In addition, the buyer also benefits from intangible costs such as not having to wait for construction, quickly stabilizing life and work, spending more time with family, etc.

Third, when choosing a handed-over apartment, buyers can go to the place to check the quality of the house, the campus, the management, etc. to compare with the investor's commitment. More importantly, what most home buyers really care about is the quality of life expressed through the common space, neighbors, etc. In apartments that have been handed over and have a stable population, this can be immediately verified by observing or talking to residents. At that time, the shortcomings in construction, management (if any) or the level of satisfaction with the project of those who have experienced it in reality will help buyers make the right choice.

Trung Duc Tower – the “center” of the handed-over apartment market

Trung Duc TowerWith an occupancy rate of over 50%, it is currently one of the hottest apartment projects, attracting the attention of many customers who prefer handed over apartments in Vinh City.

Trung Duc Tower with a unique boat-shaped design from a Vietnam-Singapore joint venture design unit. Photo: North Central Real Estate

Mr. Tien Dung - the owner of a Duplex apartment on the 19th floor of Trung Duc Tower shared: “At first, I decided to buy here because this is the only project in Vinh City that has a Duplex apartment, with an open-floor design that gives the feeling of living in a villa in the sky. After a long time living here, my family likes this project even more because of the cool space, abundant light and fresh wind, everything is spacious and convenient from the functional rooms in the house to public locations such as the lobby, hallway, elevator... Not to mention Trung Duc Tower is the only project with a regulating lake right at the foot of the building, residents can take a cool walk by the lake or those who like fishing like me can satisfy their passion and relax in their free time. The project is only 200m from Tam Giac Park, so it is also convenient for us to exercise and improve our health”.

Trung Duc Tower is inspired by the Singaporean-style philosophy of “living spaciously, living luxuriously, living with enjoyment”. Photo: North Central Real Estate

Ms. Thu Hoai, who has just purchased an apartment on the 15th floor, expressed her excitement: “My husband and I are preparing to welcome our first child, so we really want to bring all the best things to our child. Our goal is to find a place to live with a clean environment and civilized, friendly neighbors. We were introduced to Trung Duc Tower as a project that had been handed over and could be moved in immediately, so we came and learned more. And after meeting the residents here, realizing that they were all intellectuals and successful businessmen such as Dr. Dung, teacher Oanh, director Mr. Minh, etc., we were completely satisfied and immediately put down our money.”

Evaluating the quality of the project, Mr. Vinh (owner of a 9th floor apartment) said that he had been following the project since the beginning, observing the construction progress of each concrete and steel block, so he understood and felt very secure about the quality of the project. "After moving in, seeing that the reality was as expected, I assessed this as a project with "good wood and good paint" and I definitely made a wise decision when choosing Trung Duc Tower".

Buying a handed-over apartment not only helps eliminate the risk of buying a house on paper but also solves the economic problem in an optimal way. With limited supply in the market, handed-over apartment projects always maintain a "fever" after a long time of launching, being the ideal choice for customers with real housing needs.