Apartment market assessment in Vinh city

Real estate market heats up again

After a long period of impact of the epidemic,real estateAfter a period of stagnation, unfinished projects being left unfinished, delays in construction and execution, most of the market has now shown signs of heating up again.

Specifically, land prices have skyrocketed and set a new price much higher than many years ago. In the face of the escalating land market, people's demand for housing has also increased. In particular, land prices are too high, making owning a piece of land to build a house increasingly out of reach for people. This creates a new demand, which is apartment housing.

Land fund in Vinh city center is increasingly narrowing.

In the context of limited land fund, increasing population and the policy of stopping licensing for new apartment projects in the area until 2025, this is indeed a challenge for those who are buying a house. However, this is still the smartest time to choose an apartment for people who are in need of buying to live.

Although it is only the beginning of the year, the apartment market has begun to become active again. Especially completed and habitable projects always receive a lot of attention. Some projects that are being sought after by many people are: Green Pearl Apartment 72 Le Loi, Complex Apartment - 126 Nguyen Sy Sach.

With a reasonable price compared to other projects from 13 million/m²For only about 1 billion VND, customers can own one of the beautiful apartments with an area of ​​73m2.² - 98m²There are 2-3 bedrooms at Green Pearl Apartment 72 Le Loi. Some apartments have a softer price of about 900 million at Complex Apartment - 126 Nguyen Sy Sach.

Especially, 2 bedroom apartments 73m2²This project is advertised as being able to be converted into 3 bedrooms, so with the cost being the same as a 2 bedroom apartment but being able to convert into 3 bedrooms, this is considered a great price for those who want to buy a house.

Nowadays, there are many young people who want to buy their own house in the city center with a suitable budget, so apartments in projects such as Green Pearl 72 Le Loi or Complex - 126 Nguyen Sy Sach are completely within reach.

Nowadays, there are many young people who want to buy their own house in the city center with a suitable budget, then apartments in projects such as Green Pearl 72 Le Loi or Complex - 126 Nguyen Sy Sach are completely within reach. This is also considered a project that is loved by young people because it has the most classy view that can cover the whole Vinh city from above.

Apartment prices increase continuously

In reality, it cannot be denied that apartment prices are not outside the general trend of increasing prices for land. Specifically, since the end of 2021, a series of apartment projects have adjusted their prices, with no signs of stopping. Real estate experts predict that the increase will continue at least until the end of 2023.

However, this price increase is clearly different for each type of project. Homebuyers need to understand clearly to have the most reasonable home buying plan. With completed projects, the price increase will be slightly adjusted according to market trends but not much because the project does not generate new items. This is completely opposite in unfinished projects because construction has not been completed, so the purchase price increases continuously with each stage. The later the stage, the higher the price. As a result, when buying a completed house in the later stage, the price will be much higher than the original.

In particular, after the purchase, the buyer still has to spend money on hiring workers and construction materials to complete the construction, the price will increase a lot. Therefore, if you intend to buy a house to settle down, it is best to choose completed projects to save costs and be able to move in immediately.

Vinh City residents are in dire need of luxury apartments.

Obviously, apartments are currently the priority choice of many people in Nghe An. The market is in great need of apartments that are not only affordable but also meet the requirements of: location, quality, amenities, living environment, etc.

Apartment at Green Pearl Apartment - 72 Le Loi.

In particular, modern, smart apartment design that optimizes functionality and usable area is the top concern for home buyers. The design must not only ensure aesthetics but also ventilation and take advantage of renewable energy sources.

The original 2 bedroom - 2 bathroom apartments can be converted into 3 extremely versatile bedrooms.

Luxury apartments in prime locations at the city's main traffic intersections such as Green Pearl - 72 Le Loi or Complex - 126 Nguyen Sy Sach with prices starting from only 13 million/m2²It is indeed very suitable for the finances of home buyers. This will be a great opportunity for those who want to buy a house to start a business in the city, but it is also a challenge for other projects in the center but with higher prices.

Apartments that meet the criteria: modern - central - reasonable cost will certainly lead the market in the coming time. Besides, completed apartments will be a big advantage for investors to consider promoting and offering for sale. On the contrary, if you are a home buyer, it is best to buy right now before the prices of apartments continue to increase.

INTERESTED IN DETAILS OF GREEN PEARL PROJECT - 72 LE LOI & COMPLEX - 126 NGUYEN SY SACH

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