Why you shouldn't postpone buying a house during the "ghost month" (a period considered inauspicious for marriage).
The vibrant real estate market, the constant flow of money, and the opportunities to own beautiful apartments at bargain prices are factors that are making the notion of avoiding buying a house during the "ghost month" (July/August) gradually become outdated. And homebuyers should not let these superstitions cause them to miss out on the opportunity to buy a house during this time.
In Vietnamese culture, the seventh lunar month is considered the "month of wandering souls" and a time when no major activities should take place. However, in the fast-paced market, the notion of "better safe than sorry" during this month seems to have faded. Real estate transactions are still very active.
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The sales policy is advantageous to the buyer.
Understanding that most buyers are hesitant to purchase during the seventh lunar month, many developers may introduce sales policies to attract customers as much as possible. Besides existing long-term sales promotions, many projects also implement other attractive promotional programs.
Furthermore, the real estate market has no concept of "avoiding certain activities during the Ghost Month." Projects compete fiercely at any time. Especially in the current context, with numerous projects flooding the market and an abundant supply, the market is even more vibrant. Without being proactive in attracting customer interest with appealing policies, a project risks falling behind its competitors.
Many projects have introduced various promotional policies with valuable gifts to boost sales. For example, the Bidhomes The Garden Hill project at 99 Tran Binh Street, which recently opened its show home, has impressed customers.
Like many other projects, Bidhomes The Garden Hill also implements promotional programs and lucky draws with total prize value reaching hundreds of millions of VND. The inevitable result of these sales tactics is that customers will be the direct beneficiaries during the Ghost Month.
It's possible to seize good opportunities sooner.
Each project has its most desirable apartments with superior locations and sizes compared to others. These apartments are often the target of many customers and investors. Customers with a genuine need for housing are often more hesitant to make a purchase in July. Therefore, hesitation could lead to missing out on the best apartments in each project, creating a good opportunity for other customers.
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In fact, the taboo against undertaking major projects related to land and houses originates from ancient times. Back then, transactions involving land and houses were predominant, including activities such as groundbreaking and construction. These were activities directly related to spiritual matters, so many families avoided them.
However, with current apartment projects, homebuyers don't need to worry about the above steps. In fact, for greater peace of mind this month, customers can even place a deposit to reserve a unit, and the contract signing will take place in the eighth lunar month. Certainly, during this time, developers will do everything possible to create the most comfortable and convenient environment for their customers.
A representative of the investor of the Bidhomes The Garden Hill project stated: "In just the first week of the seventh lunar month, the project has finalized the sale of 5 more units, including some in the most desirable locations." Stopping buying and selling properties during the "ghost month" (July in the lunar calendar) will cause customers to miss out on good opportunities, apartments with beautiful views, and attractive promotional programs from the investor…
According to Young Knowledge
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