​Green ecological real estate - the trend of Nghe An real estate after the Covid-19 pandemic

Real estateGreen ecology reigns

Keeping yourself healthy every day has been a trend in the world in recent years and the emergence of the COVID-19 pandemic has somewhat accelerated this trend. Protecting and improving health every day is increasingly important in life when people are aware of protecting their own health and that of their families. That has created a change in perspective in life choices, especially choosing a place to live.

In reality in Vietnam, the spread of the epidemic and prolonged social distancing have made people's dream of a living space filled with trees, away from dust and smoke, more urgent than ever. During the days staying indoors, millions of people only dream of the day they can freely breathe fresh air and walk under rows of shady green trees.

Therefore, green real estate is becoming a place of residence that millions of Vietnamese people desire, becoming a trend and requirement for most customers to put down money.

“Before the pandemic, choosing a green, healthy living space was a priority for some people in Hanoi and Ho Chi Minh City. However, the Covid-19 pandemic has turned this priority into a trend chosen by many people in the provinces, especially in large and key cities like Vinh.” – Mr. Pham Van Nam, Business Director of MBLand said.

Investment psychology and "taste" are gradually changing

Covid-19 has had a major impact on the economies and financial flows of all countries, including Vietnam. 2020 and 2021 witnessed record-breaking stock market growth. However, whether the market can maintain that impressive growth remains a big challenge.

It can be seen that the investor shift like in 2007 is also happening at this time. The 3rd Quarter 2021 report of the Vietnam Real Estate Brokers Association said that there were still real estate transactions during the social distancing period. Mr. Nguyen Van Dinh, General Secretary of the Vietnam Real Estate Brokers Association, explained: "The reason is that a large amount of money withdrawn from other fields and markets such as stocks, foreign exchange, and weakened economic sectors is pouring into real estate."

Investors’ investment tastes during the pandemic have also changed somewhat. Instead of the speculative mindset of the “land fever” years of 2018, now the real value and potential of real estate are given more attention. In particular, green ecological products that are right and meet the market demand in the context of limited supply are the focus of investors’ priority choices.

Green ecological project is about to launch, the focus of Vinh city real estate

Vinh City, the economic, cultural and political center of the North Central region. It has a strategic location on the North-South traffic axis with the advantage of complete infrastructure and many historical relics and famous landscapes. However, the Vinh real estate market has a low price level compared to many other localities, along with high room for price increase thanks to the benefits of planning and infrastructure development.

Vinh Park River is located at the forefront of the expansion plan of Vinh city to the South. Photo: perspective of Vinh Park River project.Perspective image.

Realizing this potential, many large investors have been investing in key projects here. Notable among them is the project of the prestigious real estate developer MBLand calledVinh Park River. The project leads the green ecological living trend in Vinh city with more than 1,600 trees and thousands of square meters of water surface, providing a healthy living space.

While in other green ecological projects, residents have to accept a distance of 30 to 40 minutes of travel, at Vinh Park River, thanks to its location at the forefront of the city's expansion plan to the South, residents only take less than 5 minutes to travel from the project to the city center.

Image of the signing ceremony of the distribution agency for the Vinh Park River project. Photo: PV

On October 21, 2021, at the office of the project developer MBLand, the signing ceremony of the official distribution agency for the Vinh Park River project took place with 11 major agents in the market: MGLand, Viethousing, MDLand, Dat Xanh Bac Trung Bo, Tan Long, VHG, Au Lac Land, Euro Group, S Real, VLand, CenLand.

Director of MGLand agency, Mr. Duong Nghiep Le, assessed Vinh Park River project as a rare project that converges all the elements for success: a prime location ahead of planning, an ecological urban area style inspired by a botanical park appearing for the first time in Vinh, and a reputable project development unit.

Project developer: MBLand

Sales consulting and management unit: WeLand

Project website:www.vinhparkriver.com.vn

Project hotline: 08.3399.3799