How is the market for retail land in Ho Chi Minh City currently changing?

    According to experts, the supply of land
    New backgrounds may increase over the previous quarter but do not surpass 2018. In
    Therefore, the land continues to be the top investment choice channel for real estate investors.

    market area along Ho Chi Minh City such as & nbsp; Dong Nai, Binh
    Duong, Ba Ria – Vung Tau, Long An, Binh Phuoc … continue to be named at the stage
    this. In particular, large-scale projects, formal investment, legal completion of collection
    attracted a large number of investors & nbsp; to learn about the project.

    experts, from & nbsp; between 2018, the slowdown of & nbsp; HCMC Real Estate
    making the trend of real estate investment spread widely to neighboring provinces, in which one
    The number of emerging markets such as Binh Phuoc, Ba Ria – Vung Tau … recorded the excitement
    right from the beginning of 2019 until now.

    A project in Binh Phuoc, the transaction recorded 100% of the sale opening. Photo: Hạ Vy

    Worth it
    say, & nbsp; the localities have a level of transport infrastructure
    new development & nbsp; has made real estate prices here set new price levels. Still
    Of course, compared to the traditionally adjacent areas such as Dong Nai and Binh
    Ocean, remote areas such as Đồng Xoài (Bình Phước); Phan Thiet (Binh
    Thuan); Duc Hoa (Long An); Ba Ria (Ba Ria – Vung Tau) price is still quite soft.
    That’s why neighborhood investors pulled here to find long-term investment opportunities and
    The price increase range is still quite high.

    Market report for quarter 2/2019 of DKRA Vietnam showed, & nbsp; real estate in the provinces
    The periphery has a decrease in supply and volume of transactions, but the absorption rate
    still relatively high, for example Long An consumption rate reached 92% (1,761 / 1,910 background),
    Dong Nai consumption rate reaches 86% (586/683) … ..

    exciting transactions continue to “heat up” in open projects at the stage
    this. Recently, at the announcement ceremony of the 4th phase of Cat Tuong Phu Hung project (Dong Xoai City,
    Binh Phuoc) more than 1,000 platforms have been successfully traded. Previously, this unit also opened
    Successfully sold more than 3,000 platforms in phase 3. It is known that in this phase, CD has burst
    The most beautiful subdivision at the price of 998 million VND / background attracts more than 2,000
    customers come and learn about the project.

    self, another project is 3S Town Long Hung & nbsp; in Ba Ria – Vung Tau, even just new
    “Fragile” to the market but attracted a large number of interested real estate investors. According to the recording
    received, the number of investors from Ho Chi Minh City to learn about the project accounts for about 60-70%.

    Noted in Long Thanh (Dong Nai), a number of small-scale projects
    From 2-4ha to the market at this time like Airport City, KDC Cat Linh … & nbsp; also recorded quite good absorption. Keep rate
    place / deposit ranges from 60-80% / project.

    From actual transactions and investor interest in the land segment
    The neighboring province of Ho Chi Minh City shows that this is still an attractive segment for investors
    this time. According to experts, the land continues to be the leading segment
    The provincial real estate market in the last 6 months because most new projects open up the market
    recorded high absorption rates, even in some projects no longer exist
    Suitable for sale to customers.

    Complete, legal and formal investment projects recognize the great interest of real estate investors. Photo: Hạ Vy

    As noted by customers who bought the land, the reason for them
    “Down money” land in the province outside of the soft factor is convenient in the project
    Well-planned, complete legal is a factor that strongly influences their decision.
    In addition, convenient transportation connections between areas are also
    The factors that make up the demand increase in the neighboring province of Saigon.

    By customers, the infrastructure and utility projects are
    measure of prestige and capacity of the investor and is & nbsp; important factor to promote
    push up the value for the project.

    Recent interview, representative of Yeshouse Company for
    that the demand for buying land in the province is expected to continue to increase in the future

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