Real estate businesses compete to release products at the end of the year

At the end of the year, real estate investors launch a series of projects to the market with many forms of promotions and stimulus.

December is considered the final stage for real estate businesses to close the 2015 business year. In addition, the liquidity of the apartment market in Ho Chi Minh City continues to have positive growth, stimulating investors to launch a series of projects to the market with many forms of promotions and stimulus.

Phat Dat Real Estate Development Joint Stock Company has just officially announced the luxury apartment project The EverRich Infinity at 290 An Duong Vuong, District 5, located in the center of the area known as the "golden quadrilateral" of economic and social life in Ho Chi Minh City.

On a total land area of ​​over 8,000 square meters, The EverRich Infinity is developed according to the model of “resort in the city”, not only with a master plan and superior amenities, but also to create a living space for modern, civilized urban residents, rich in cultural and spiritual values.

The EverRich Infinity is expected to attract a civilized community of businessmen, intellectuals, experts, both Vietnamese and foreigners. The project has an area of ​​over 8,000 square meters, 25 floors high, 2 basements, including 800 apartments of all kinds, distributed into 6 floors for office apartments (with an area of ​​30 square meters to 58 square meters) and 19 floors for residential apartments (from 72 square meters to 130 square meters).

Previously, Nam Tien Real Estate Company Limited (Nam Tien) also officially opened for sale the Turquoise tower of The Southern Dragon luxury complex project located at 685 Au Co, Tan Phu District, Ho Chi Minh City, invested by Son Thuan Joint Stock Company. The project has been built to the 16th floor, the investor committed to handing over the house in the fourth quarter of 2016. Accordingly, with only 318 million VND (equivalent to 19.8 million VND/square meter), customers can immediately own a 77 square meter apartment with 2 bedrooms.

According to Mr. Tran Duc Phuong, General Director of Nam Tien Company, the business cooperation unit and exclusive distributor of the project, in order to facilitate customers to buy apartments, the company has introduced a unique payment method through cooperation with Sacombank.

Accordingly, customers only need to pay 20% - 30% (equivalent to about 300 million VND) of the remaining amount. Sacombank has allocated a package of 9,000 billion VND for customers to borrow with an interest rate of 7.99%/year for a loan term of up to 20 years. In addition, customers who buy apartments are also insured against fire and explosion according to the actual value of the apartment and family members will be insured against accidents 24/24h.

Also in Tan Phu district, Novaland Group has just announced the RichStar project located on Hoa Binh street. This is Novaland's first project in this area, and is also the largest project built in the area with full internal facilities such as swimming pool, shopping mall, retail stores, children's playground... The project is built on a land area of ​​about 3 hectares, including 6 apartment blocks 25 floors high. The construction floor area is about 231,000 square meters, with apartments ranging from 53 -94 square meters, priced from 1.3 billion VND/apartment.

In the East of the city, Quoc Cuong Land Investment Joint Stock Company has officially introduced and opened for sale the De Capella luxury apartment-commercial complex. The project consists of 2 towers 22 stories high, including 19 floors of luxury apartments, 3 floors of commercial space and 2 basement parking lots, built on an area of ​​4,684.5 square meters. Designed based on modern European architectural style, but still combined with Asian feng shui elements, De Cappella represents harmony, luxury and class. The unique highlight of De Capella lies in the design of the infinity pool shaped like apricot blossoms on the 4th floor with an area of ​​over 500 square meters, with full luxury amenities and restaurants, outdoor cafes...

In addition, De Capella residents also own all the separate high-class internal facilities such as: Park and walking path of nearly 1,200 square meters, international school, sports area with panoramic view towards Saigon River, Spa/Beauty center of over 300 square meters.

De Capella luxury apartment and commercial complex project Quoc Cuong Land

Hung Thinh Real Estate Investment and Trading Joint Stock Company (Hung Thinh Corp) also officially introduced to customers the Lavita Garden project located right at Binh Thai station No. 10 on the Ben Thanh - Suoi Tien Metro line. The project consists of 2 blocks of 20 floors with 648 apartments, with areas ranging from 50.37 to 71.68 square meters.

The apartments at Lavita Garden are all modernly designed to maximize the usable area for all activities of family members. Not only providing a fresh living environment, Lavita Garden also creates attraction when located in the Eastern area of ​​Ho Chi Minh City - where there is a strong development speed in infrastructure, with a series of large traffic projects continuously being built.

In 2015, the domestic apartment market also witnessed a record increase in transactions. In Ho Chi Minh City alone, in the third quarter of 2015, the number of newly offered apartments was 10,114, an increase of 200% compared to the same period last year, the number of sold apartments was 7,862, an increase of 88%, the average offering price increased by 2.5%.

According to the report published by JLL Vietnam, it is expected that in the fourth quarter of 2015, the real estate market nationwide will receive about 9,000 more apartments, of which nearly 90% of the total number of apartments have been successfully traded. JLL Vietnam also stated that in the last months of the year, the demand for buying houses of the people will increase, the mid-range apartment segment will lead the consumption market.

According to Mr. Marc Townsend, CEO of CBRE Vietnam, in 2015, Vietnam's economy made important steps in integrating with the world economy. With Vietnam signing the Free Trade Agreement with the EU, and the Trans-Pacific Partnership Agreement (TPP) also having positive changes... it is expected to help Vietnam's economy grow stronger. Particularly in the Asian region, the formation of the ASEAN Economic Community (AEC) also brings many benefits to Vietnam, attracting foreign investment and enhancing Vietnam's position in Asia.

In addition, the 2014 Housing Law and the 2014 Real Estate Business Law have come into effect and the relaxation of regulations on home ownership for foreigners will bring many positive signals to the Vietnamese real estate market in the coming time./.

According to VOV