Real estate business simultaneously releasing goods
Right at the beginning of 2022, a series of real estate projects will enter the provincial market, indicating that the colorful picture of real estate in neighboring provinces continues to “occupy” supply in the context of “dripping” Ho Chi Minh City. of new projects.
Recently, Hung Thinh Group officially launched the Merryland Quy Nhon (Binh Dinh) project with a total phase I investment of up to VND 57,000 billion. With a scale of 695ha, the project is built into 15 subdivisions: 5-star luxury hotels along the coast, hill villas with landscape lake facilities, Hanh Phuc square,… This is considered a super project, tourism – resort – entertainment – entertainment – complex. the shopping complex of this Group. When completed, MerryLand Quy Nhon solves the problem of lack of supply of luxury hotels and resorts at the same time, contributing to the establishment in Binh Dinh of the high-end tourism segment to welcome the rise of the super-rich in Vietnam and the world. .
Meanwhile, in Dong Nai, Binh Duong, Long An, Ba Ria – Vung Tau markets… supply still dominates compared to the southern provinces.
For example, in Binh Duong, in early 2022, Phu Dong Group is preparing to market the “new” Phu Dong Sky Garden project. This is a row of apartments with high-end investments but at affordable prices, aimed at young customers. It is known that the project is estimated to cost around 40 million VND/m2 (excluding VAT). Due to the advantage of being located close to Pham Van Dong road bordering Thu Duc City (HCMC), if calculated, this primary price is still comfortable compared to neighboring projects or the Thuan An area.
Meanwhile, in Dong Nai, in early January 2022, Dat Xanh Group issued a notice to open the next sale of the Gem Sky World project in Long Thanh district. The project is planned on an area of 92.2 hectares. Divided into 8 subdivisions including 4,026 products, namely land lots and ready-to-use houses (detached houses, commercial townhouses, detached villas and duplex villas). Land and house products ready for use in this project have an area of between 90 m2 – 300 m2.
Alternatively, 5 Star International Group is also making a third sale on a 5 star housing project in Long An. The project has an area of more than 400 hectares, at this stage, the business will open and sell thousands of products with a development area of about 100 hectares.
It can be seen that a series of real estate giants such as Novaland, Nam Long, Hung Thinh, Phat Dat, Danh Khoi, An Gia … have been driving the real estate market around Ho Chi Minh City recently. The presence of these investors accompanying large projects, new sales or the next stage has pushed the sentiment to buy suburban real estate to be stronger.
According to experts, the real estate market “revival” of Dong Nai, Binh Duong, Long An, Ba Ria – Vung Tau or the Mekong Delta province during this time is the right time to fund land in urban areas such as Hanoi and Ho Chi Minh City..HCM becomes scarce, land prices rise. This has created an attraction for many real estate businesses to move to suburban areas in search of opportunities.
Although in the past 2 years due to the impact of the Covid-19 epidemic, this market has almost slowed down, however, with the epidemic under control and the real estate business having experienced, preparing Due to the pandemic adaptation scenario, 2022 is considered to be the year for real estate businesses to recover their business, increase their sales, and developing new projects.
According to Mr. Nguyen Hoang, R&D Director of DKRA Vietnam, if the epidemic is well controlled from now until the end of the year and until 2022, real estate will be restored gradually. Where, in the first half of 2022, new supply and purchasing power may increase slightly but not too strongly. And the second half of the year, the market will be more active, new supply and liquidity may grow selectively.
At a recent event, experts said that in some big cities such as Hanoi and Ho Chi Minh, there is a tendency to shift investment to neighboring areas. One of the reasons for this phenomenon stems from the fact that real estate prices in the city center have been set at high levels, profitability expectations are lower and investors often seek opportunities in districts/districts outside the center and surrounding areas. Therefore, by 2022, the suburban real estate segment will also be the segment of investors who “choose to send gold”.
The latest report from Batdongsan.com.vn also shows that in February 2022, the demand for real estate searches increased across most types compared to January 2021. In particular, land types, land plots witnessed both the level of interest and the number of listings for sale in many areas. . In terms of land supply and demand, plots of land are increasing in most provinces.
Business and Marketing
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