In the last month of 2021, the Northern market witnessed a strong sales of the land plot segment. The wave of investment is also being stirred up according to the communication and marketing campaigns launched at the end of this year.
Urban land plots and exciting satellite market
According to a survey by Batdongsan.com.vn, the suburban area, including peri-urban areas and satellite markets adjacent to Hanoi, is the focus of the land plot launch at the end of the year. The suburbs of Hanoi welcomes the launch of two new land projects, namely Inoha City Phu Xuyen (Phu Xuyen, Hanoi) and Me Linh New City (Me Linh, Hanoi). These are the latest projects of land near Hanoi and among not many projects on the outskirts of Hanoi to be launched this year. The land fever at the beginning of the year in Hanoi was only recorded in the residential land segment among people in suburban districts such as Quoc Oai, Thach That, Dong Anh, Thanh Tri...
That is Me Linh New City located in Tien Phong commune (Me Linh district, Hanoi) invested by Minh Giang Co., Ltd. The project has a total area of 16.77 hectares with 366 adjacent plots of land, villas and garden houses with adjacent areas ranging from 107-125m², villas including areas of 157m²-182m²- 250m²- 430m² , selling price from 22 million VND/m2.
Inoha City Phu Xuyen is also a project on the outskirts of Hanoi being offered for sale at this time. The project is located in Dai Xuyen commune (Phu Xuyen district, Hanoi city) invested by N&G Development Investment Joint Stock Company. Phase 1 project has a scale of about 72ha with more than 600 adjacent land lots and shophouse with area from 90m2 to 255m2 with selling price from 26 million VND/m2.
Besides the two new projects officially offered for sale in the suburban market, Hanoi satellite markets such as Bac Giang, Thai Nguyen, and Vinh Phuc also started new launches or new project introduction information. with projects such as My Do Vista (Bac Giang), Phuong Dong Green Valley (Hoa Binh), Viet Han urban area, Danko City (Thai Nguyen), TMS Homes Wonder World (Vinh Phuc).... Most of the land projects The provincial market is offered for sale at a price of 20 million VND/m2, street frontage lots and corner lots in the above projects, the price can reach 30-40 million VND/m2.
The suburban land market and satellite markets adjacent to Hanoi are vibrant with new sources of goods at the end of the year
The market will not be hot
Along with the release of land plot projects, the wave of investment and residential purchase is starting to return to the market. Usually, on the occasion of the annual Tet holiday, customers' demand for investment and housing purchases becomes more exciting. Since then, the demand for opening and selling projects of investors has also increased.
Despite the difficulties of the epidemic, new sales in the next land plot projects for sale continued to record an increase of 5-10% in the next round of sales. For example, My Do Vista, the first sale only costs about 25 million VND/m2, then in the next sale, the average price is set at 28-30 million VND/m2. Land plot projects in Thai Nguyen also recorded an increase of 2-3 million dong/m2 compared to the previous sale of about 6 months… On the secondary market, many land plot projects in Vinh Phuc also recorded a high level of sales. increased by 10% compared to the previous opening time at the beginning of the year.
This year, despite being heavily affected by the epidemic, the year-end cash flow trend is still moving in line with this normal market rhythm. However, according to brokers, the excitement of the market at the end of the year is only exciting compared to the quiet periods of the year, and compared to the years before the epidemic, the excitement is still low. According to Mr. Truong Huu Hai, director of a trading floor in Thai Nguyen, the wave of investors is returning to the market strongly at the end of the year with the target of the land plot segment, but the purchasing power and liquidity of the market are both stable. not equal to the same period last year from 2019 and earlier.
Dr. Can Van Luc - Chief Economist of BIDV said that real estate is a traditional investment channel of Vietnamese people. At the time of land fever at the beginning of the year, many investors successfully surfed and took profits, and many investors struggled because of breaking waves. When these rapid fevers subsided after that, investors tended to look more long-term and restructure their product portfolio, being more careful in reducing money. Therefore, market liquidity at the end of the year was not too strong.
Acknowledging this situation, Mr. Nguyen Van Dinh, Chairman of the Vietnam Real Estate Brokers Association, said that the real estate market is showing signs of recovery after the distance, but it is only recovering. The general picture of the market is "weak", not as vibrant as in previous years. "From now until the end of the year, the market will definitely no longer have land fever," Dinh emphasized.
2021 is a challenging year for the real estate market, a full picture of Vietnam's real estate market in 2022 will be revealed at the Vietnam Real Estate Conference - VRES 2021 of Batdongsan.com.vn .
Post a Comment