Real estate investment in the second half of 2021, projects with red books attract customers
(Baonghean.vn) - Despite the impact of the Covid-19 pandemic, real estate is one of the rare fields that has a tendency to improve. In particular, projects with transparent legal status and long-term red books are the most sought-after product lines in the current market.
Projects with red books lead the market
Reports show that world real estate in late 2020 and early 2021 has a strong growth trend in both price and market demand. Along with the US, UK, China, etc., Vietnam is also witnessing real estate “fevers” taking place nationwide.
According to Savills Vietnam, although the pandemic is likely to last until the end of this year, the real estate market will grow strongly in the next period of 2021 - 2022 thanks to the great and timely determination of the Vietnamese Government in recent times.
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| Illustration: Van Truong |
In the general situation when big cities do not have much land left for development leading to a shortage of supply, investors are waiting and focusing on new projects. Experts say that land will still be the "king" investment channel and the provincial land market will still be an attractive destination for investors. However, not all areas are attractive to investors, but localities with strong development in infrastructure and good urban planning, projects with advantages in location, infrastructure, utilities, traffic connections, existing residents, etc., especially legal guarantees will be the "hot spots" of the market this year.
Currently, for a project to be eligible for a red book, the investor must strictly implement many factors such as: Completing 100% of financial obligations with state agencies, building infrastructure in accordance with the approved 1/500 planning, ensuring the completion of common utilities and public works, not having financial problems with banks...
Therefore, when choosing a product with transparent legal status and a long-term red book, buyers will minimize possible scenarios such as delays in progress, delays in land delivery, name changes, disputes, etc., and enjoy all the rights of the owner protected by law. Above all, investors will feel completely secure when buying, selling, and transferring without worrying about legal problems that cause money to be "stuck" in billion-dollar investments.
Hoang Son Urban Area: Attraction from projects with red books
Among the emerging real estate markets, Dien Chau (Nghe An) is currently a vibrant investment destination with high growth rates in population, income and infrastructure. The locality is among the top localities with the highest total investment in the entire Nghe An province with the participation of many real estate giants. In particular, Hoang Son Urban Area is one of the projects that is in the sights of many professional investors.
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| PerspectiveHoang Son Urban AreaPhoto: PV |
Information from the investorHoang Son Urban Area, the project has been legally completed, the necessary documents and decisions have been approved by the competent authorities. Specifically, 369 plots of land in the Hoang Son Urban Area project have met the conditions for sale according to Notice No. 1399/SXD-QLN of the Department of Construction - Nghe An Provincial People's Committee signed on May 7, 2021. In addition, the project is also accelerating the completion of infrastructure, landscape with trees, internal roads and utility systems, helping to increase the reliability of transactions significantly compared to other products.
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| Hoang Son Urban Areahas land use rights certificate. Photo: PV |
It is forecasted that this year, project land will still be the top priority choice of investors, but with more stringent criteria such as competitive and reasonable prices, good liquidity, reputable investors, professional sales services, etc. Especially with projects with red books, transparent information will have a high competitive advantage and continue to lead the market.
4 core factors that help Dien Chau real estate attract investors
(Baonghean.vn) - Possessing many advantages in terms of location, traffic infrastructure and stability in economic development, Dien Chau is gradually changing its appearance, promising to increase its heat and attract investors.
VietinBank Bac Nghe An will spend 200 billion VND to promote real estate development in Dien Chau
(Baonghean.vn) - On May 12, 2021, VietinBank - Bac Nghe An Branch signed a capital financing agreement for the Hoang Son Urban Area project worth nearly 200 billion VND to bring pioneering and creative real estate products to meet the needs of new development trends. The support of VietinBank has become a "guarantee" for the project on its journey to conquer customers and other partners.
