Welcoming the prosperous year of 2025, revealing the 'wave-making' factor in the real estate market
The real estate market in 2025 is expected to flourish, many investors have begun their journey to find "new promised lands" to prepare for a new investment cycle...
The real estate market enters a new cycle and flourishes.
Entering the new year, the real estate market is showing many positive signs with a series of new projects being launched, attracting strong interest from investors and customers. The steady growth trend, along with the economic recovery, is creating a favorable environment for those looking for attractive investment opportunities.
Mr. Vuong Duy Dung - Deputy Director of the Department of Housing and Real Estate Market Management, Ministry of Construction commented: "Regarding opportunities, Mr. Dung pointed out that recently, new legal corridors have been put into practice such as the Housing Law, the Real Estate Business Law, the Land Law... which have removed many obstacles in investing in real estate projects and become a "launching pad" to promote market development".
Mr. Nguyen Van Dinh - Vice President of Vietnam Real Estate Association, President of Vietnam Real Estate Brokers Association (VARS) also sees many opportunities in 2025: "The Government's participation is very drastic, and will be even stronger in 2025. Along with the determination of businesses to rise up and overcome the series of difficulties, real estate will certainly grow strongly in 2025".
Regarding residential real estate, the estimated new supply measured in Hanoi and satellite cities will reach an estimated 3,000-7,000 products. In Ho Chi Minh City and the surrounding areas of this area, it is estimated to reach over 8,000 products.
Regarding transactions, Mr. Dinh assessed that they will increase better in 2025 because of better supply factors, more stable segments and especially prices will be adjusted and maintained at a good level; leading to an upward trend in transactions.
Representatives of some ministries, branches and experts also assessed that: "In 2025, after streamlining and rearranging the apparatus of agencies, ministries, departments, branches,... real estate project investment procedures will be greatly reduced, this is an opportunity for the real estate market to "transform", ready to enter a new development cycle, more sublime and sustainable.
The real estate market is entering a new cycle with many growth drivers from legal corridors, infrastructure to interest rates... Segments such as villas, satellite urban townhouses, riverside real estate, etc. are expected to continue to attract strong investment waves thanks to their outstanding advantages.
"Relaying" the market, riverside real estate "opens" a new cycle
In the new flow of the market, experts assess that riverside real estate areas have great potential for development with many advantages from feng shui, living space to price increase potential,... along with many levers promoting from infrastructure to policies that will create an attractive force to attract cash flow; creating strong investment waves.
Considered to be the most valuable asset class among all real estate types, riverside homes always increase in value over time. The price of riverside real estate recorded in major cities around the world is also often at least 30% higher than other areas.
In particular, in London, Paris, Shanghai and Sydney, the price of apartments and riverside land increased by 35-40%, despite the high price. According to Mr. Liam Bailey - Director of Knight Frank's global research department, the waterfront housing segment is among the most liquid among real estate types.
Most cities with rivers flowing through them have become gathering places for the upper class, symbols of wealth. In Vietnam, there are many rivers flowing through the city: Red River, Duong River, Saigon River, Han River..., however, Vinh River is one of the rare rivers that has been sponsored by the World Bank (WB) for an upgrade and renovation project with a "huge" capital of nearly 200 million USD (equivalent to more than 4,502 billion VND).
The project "Priority infrastructure and urban development adapting to climate change in Vinh city, Nghe An province" was approved by the Prime Minister in early 2021. Notably, the project includes construction items of ecological villages, heritage intersections, spiritual ports, etc. Parks, natural landscapes, riverside promenades, floating markets, entertainment - commercial works, infrastructure connecting the two river banks, etc. are invested synchronously, promising to create a highlight for Vinh city, becoming a new entertainment center in the city center, opening up a bright "future" for real estate on both sides of the Vinh River.
In particular, currently, riverside land funds or land with river "view" elements are increasingly difficult to find, the investment profit and liquidity of this product line is always higher than most other types of housing. Therefore, the room for increasing the value of riverside urban areas is still large due to the advantages of location, product limitations and development potential of the city's real estate. Many experienced investors have begun to "hunt" for potential products and areas ready for a new growth cycle.
In the context of the real estate market heating up, riverside real estate is a rare segment with many unique advantages, along with the potential to increase in value "at a rapid rate". This is the right time for smart investors to seek opportunities and optimize their investment portfolios, seizing the "breakthrough opportunity" of this potential market./.
