At the end of 2015, mass financial experts predicted, it’ might be the time for growing phase of the real esta...
At the end of 2015, mass financial experts predicted, it’ might be the time for growing phase of the real estate market. This urges the realtors pushing up the business to await the bright recovery signal from the market.
The last 3 month of the year is such a short time for the developers making a push in promotion, releases discount programs for completing the business target of 2015, heading to create an advantage to the increase capital plan next years.
Which is the thrust?
From the beginning of 2015, the real estate market has got the positive signal in liquidity and the price is increasing in few segments. Especially the high-end is such a highlight even though in the last years it was considered as an apposite tactics. In the last quarter of 2015, the real estate market will get the new breakthroughs, according to financial experts.
Which is the thrust for real estate market increasing in the last 3 months? According to Mr.Nguyen Chi Hieu – Economics Expert, from now on to the end of 2015, the real estate market will have raised by the foreign investment. Especially at the end of the year, the overseas Vietnamese community wants to buy the house in the big cities.
According to BIDV Finance Research Center, in 2015, Vietnam will be one of the countries which attract mostly investment from overseas Vietnamese community, about USD13 – 14 million in 2015, especially in bank deposits, production, and real estate investment.
Indeed to Vietnamese insight, Tet holiday is a right time for buying real estate property. The reason is considered as the Vietnamese wants to have stable living place for New Year and Tet Holiday. The wage-fund increasing heavily at the end of year helps ease the buying decisions into real estate.
On the other side, the last 3 month of year is such a short time for developers making a push in promotion, releases loads of discount programs for finishing the business target of 2015, heading to make an advantage to the increase capital plan for the next years.
Real estate business is speeding up
At the end of September, the beginning of October, many real estate companies enhanced in products launching and staff recruitment, released a bunch of promotion programs for refreshing the market. At the South, Novaland corporation has just released 7 real estate projects in the last months of years, raised the projects amount to 25.
Sacomreal just announced the amount of successful transactions in the last 9 months of 1.500. In last 3 months of a year, Sacomreall introduces 3 huge high-end projects: Jamona Riverside, Charmington, and the latest is Jamona Apartment in district 7 HCMC which include 200 apartments, the price is about VND18.5millionper square meter. This project provides good pricing compared to other projects in the same area. Before that, the project has made impressive achievements in HCMC real estate market by selling out 800 apartments in 2 months.
Same area, bunch of apartments has offered for sale by The Everich III – Phat Dat com., Sky Residence – Conic Linh Phong com., Happy Residence – Phu My Hung corp.
Mass projects with thousands of apartments will have joined the real estate market in the next month: Himlam Phu Dong – HimLam Land com., Linh tay Tower – Danh Khoi com., THD Phuoc Long – Thu Duc House com., Jamona Home Resort – Sacomreal corp.
In the north side, The market recorded mass of projects will be released in the last months of the year: Lotus Residences, Resort Van Lien Village Resort – BIM Group, Vincom Shophouse Hai Phong – Vingroup.
Hoang Cuong has just offered for selling Golden Palace Le Van Luong project, Dat Xanh in the north offer for sell CTA – CT1B apartment at 106 Hoang Quoc Viet street, Ha Noi. Capitaland Group – Hoang Thanh, Mulberry Lane investor released offer for sell B, D, E towers. Beside, STDA offers for sell Goldmark City project, Ha Noi.
Source: Cafef