In the early days of 2022, “earth fever” showed signs of returning as many regions such as Bac Ninh, Dong Nai, Binh Thuan, Binh Phuoc, Vung Tau, Long An, Lam Dong,… recorded an increase in transaction volume. mutation. At the notary’s office, the scene is quite bustling, notarized land records keep popping up, showing that real estate in the province is still attractive to investors.
Before the “land fever” showed signs of a comeback in many areas across the country, Trinh Vo Minh Phuong, an investor born in 1981 in Ho Chi Minh City, shared that he had just won a big win with the decision to invest in Long A. .in 2021.
Ms. Minh Phuong said that he recently closed his investment in Long An for a profit of 560 million VND
Ms. Minh Phuong said that in early 2021, a friend in Long An introduced him to the 1,350-square-meter garden plot for 790 million VND. In addition to the low price, what is attractive to this investor is the strategic location of the land close to the highway and in the planning of local residential land.
Having spent years investing in real estate including townhouses and plots of land in the past, after being introduced to this land, mother 8X did not hesitate and decided to buy the land with the thought that she could 2-3 years after the infrastructure in this area was completed. , it will take advantage.
However, Ms. Phuong was particularly surprised by fluctuations in land prices in Long An and the province bordering Ho Chi Minh City in the past year. Therefore, at the beginning of March 2022, the land he bought in 2021 had been paid 1.35 billion VND by the customer, equivalent to a profit of 560 million VND after only one year of investment, so he decided to sell the land. opportunities elsewhere.
An 8x investor shares that he has invested more than 10 years in real estate
This 8X investor from Ho Chi Minh City also shared that, apart from the land he recently took advantage of in Long An, he also holds many other real estate investments in Ho Chi Minh City, Lam Dong, Vung Tau, … with market prices up to several tens of billions of dollars. This 8X investor also says that this is the amount of assets he has acquired after a decade of investing in real estate.
Sharing about her years of investment experience in real estate, Ms. Minh Phuong said that his investment “taste” is to choose an area with real potential and long-term investment. It was for years until it was needed to sell. Therefore, he often chooses beautiful locations, near lakes, rivers and seas, unique and special products, because many people will like them.
In addition, for a successful real estate investment you have to go a lot, see a lot so you can compare, get to know a lot of experienced people to get the right information and early on, avoid listening to the crowd. Because legality is paramount, owning a book is best, without a book, investors’ reputation must be considered.
Meanwhile, the market report from the real estate website also shows that real estate search queries in February are likely to increase across most types compared to the same period in 2021. for real estate increased by an average of 23% compared to January, from which, Hanoi and Ho Chi Minh City increased by 22% and 29%, respectively.
In particular, land types and plots of land are experiencing increasing interest and the number of listings for sale in many places. Provinces and cities bordering Ho Chi Minh City such as Binh Duong, Ba Ria – Vung Tau and Long An also continued to experience an increase in demand for land plot transactions by 12-17% compared to the previous month.
Phuong’s assets have a market value of up to several tens of billions of dong
In addition, provinces such as Da Nang, Khanh Hoa, Lam Dong, and Dong Nai were also markets with high growth in plot demand in February. In which, Lam Dong experienced a 41% increase in plot searches. , followed by Khanh Hoa and Da Nang, each recorded a 32-34% increase in land plot transaction requests, and Dong Nai also saw a 25% increase in the number of land plot searches compared to the previous month.
Recognizing the trend of increasing demand for land, the unit expert above said, due to concerns about price slippage as money is pumped into the market through economic stimulus packages and public investment disbursement, the demand for accumulated assets attached to land as a safe haven channel will increase this year.
Although real estate is still considered a channel to attract many investors because of its high profitability, Ms. Minh Phuong also noted that like many other investment channels, real estate also has certain risks. In particular, prices are very dependent on the market, and the market is very dependent on the economy, the speed of deployment of infrastructure, the speed of bringing people back,… So, it is necessary to balance financial resources to reserve for the future. expected time at the expected time, I still have the ability to “give up” until the market recovers.
at Blogtuan.info – Source: Eva.vn – Read the original article here
