Economy

The appeal of square real estate

Ha An DNUM_CGZAJZCACE 08:00

Owning a shophouse or townhouse in the city center square is always the top choice of experienced and financially strong real estate investors.

This is also the way they double or triple their assets in a sustainable and safe way because no matter how gloomy or hot the real estate market is, real estate in square locations is always sought after and has its own irreplaceable value.

Central Plaza trở thành trung tâm không ngủ của tại Eco Central Park.
Central Plaza Townhouse has just been introduced to the market by the founder of Ecopark. Central Plaza becomes the sleepless center of Eco Central Park. Photo: HA

The appetite of "shark" investors

Attracting more than 42 million tourists to walk through the square each year, the price of apartments in Times Square New York is always among the highest in the world, approximately one billion VND/m2.2Meanwhile, the shops on the frontage of the main street known as the "crossroads of the world" are also incredibly expensive with rental prices reaching hundreds of millions of VND/m2.2/month. Real estate agents joke that each billboard on a building in Times Square generates enough profit for its owner to live and travel the world each year.

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A corner of Times Square. Photo: theadfocus.com

Although it is so expensive, people rarely see transactions in this area because simply, the owners of apartments and townhouses in this area are all very rich people, they are even the owners of valuable real estate everywhere, they keep real estate in this area because it constantly creates cash flow and never depreciates if they need to resell.

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London's bustling West End shopping street, next to Trafalgar Square and Leicester, is always bustling with tourists from all over the world. Photo: Pinterest.

In Trafalgar Square and Leicester in the UK, the number of tourists flocking to shop on the streets of the West End area is equally crowded and bustling, leading to a constant increase in real estate prices in this area. There are locations where local real estate brokers say there have been almost no sales transactions for many years, only the rent is constantly "escalating".

In Asia, although it does not have famous, long-standing cultural and artistic squares that attract tourists to visit and admire, the "wave" of investment in squares as the "heart" of modern cities is still very prominent. Along with that are "shark" investors, who always quickly own beautiful locations on commercial streets next to the square - locations that just by looking at them, you can see the profit and the real estate value that lasts over time.

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Bustling trade at Dong Kinh Nghia Thuc Square (Hanoi).

In Hanoi, Ho Chi Minh City or other big cities, it is not difficult to "name" the hidden tycoons who are the owners of buildings and rental areas located in the city square area. And like Times Square, it is very rare to see information about real estate for sale in the square area. The owners of prime real estate know very well that they have in their hands the "golden goose", each m2All of these properties easily bring high profits, so it is not easy to transfer them when they always have a stable and self-generating cash flow and they almost do not have to do anything after owning these real estate products.

Townhouses in the square - an opportunity for smart buyers

Ms. Minh Anh - a veteran real estate saleswoman in the townhouse segment often tells that there is a wealthy customer from Vinh city, every time he goes to Hanoi, passing Dinh Tien Hoang street, he points to the house opposite Ham Ca Shark at Dong Kinh Nghia Thuc Square and tells him: "When this building is for sale, remember to call me early". He loves the townhouse in the square because he wishes to put his daughter's name on the roof so that tens of thousands of people passing by every day can see it. Of course, the location he chose, everyone can see, is generating a profit of several billion VND per year if it is simply rented out without any elaborate investment.

“But recently he has not asked to buy this building anymore, because he is interested in the townhouses at Central Plaza - Eco Central Park Vinh”, Ms. Minh Anh said.

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Central Plaza will become the most vibrant, sleepless center of Eco Central Park. Photo: HA

Central Plaza was carefully researched and created by the founder of Ecopark to become the most attractive square real estate product, not inferior to famous square real estate products.

Built on an area of ​​nearly 8 hectares, Ecopark's housing products are tailored to investors, just enough to create bustling commercial streets, bringing profit potential from renting or self-employment with townhouses, shophouses, shop villas with areas from 88m2.2up to 260m2All of these products are located in prime locations in the Central Plaza area - connecting the community of residents of this urban area as well as people and tourists to Vinh city.

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Central Plaza is the first square townhouse in Nghe An. Photo: HA

In particular, the Townhouse, Shophouse, and Shop villas are designed in the style of "house in the middle of the street, street in the middle of the square", in harmony with the ecological nature of 50 hectares of trees and water, promising to be a real estate product that opens up unlimited business potential for the owner.

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Townhouses with typical Ecopark architecture. Photo: HA
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Central Plaza townhouses continue to stimulate Nghe An real estate market. Photo: HA

Recently, the green metropolis Eco Central Park has "made waves" in the Central real estate market with products appearing for the first time in the region, activating the demand for owning green, classy real estate with many outstanding values ​​of buyers in the region as well as visionary investors.

The newly introduced square townhouses are expected by investors to continue to stimulate this demand. The attractiveness of this segment has even changed the taste of many local shark investors who are used to the model of investing money to "fish offshore", seeking profits in markets with a large accumulation of goods and cash flow.

The change of customers like the case of Ms. Minh Anh shared, has been forming new and very interesting investment waves. That is, the provincial tycoons stop investing in urban areas in Hanoi, Ho Chi Minh City or coastal and mountain resort cities and return to where they live and invest in "money-making" segments.

According to real estate experts, this is "a healthy development of the market", products with real value are seen by buyers and they own and operate the product to create cash flow as well as stable profits and potential for sustainable price increases in the future.

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The appeal of square real estate
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