Vietapartment » galaxy 9 apartment in District 4

Apartment in Vietnam shall set a new price level?

alexhoang — Tue, 21 Jul 2015 02:41:50 +0000

The number of transaction in apartment market in the first quarter 2015 is showing its significant increase compared to the previous time. Does it make the price go up?

In recent report made by a consultant and market research firm said, the number of successful transaction in apartment segment in first quarter of 2015 in Ho Chi Minh City increased 130% over the same period time last year with more than 5.000 units offered this time (reports from Savills).

The supply is abundant while the demand improved, lots of new projects were introduced to the market, most of them have reasonable price, good locations that created attraction to the customers. But is it too early to say the market is already on its trend of recovery, the price is starting to go up in general speaking?

A sales manager from a real estate company in Ho Chi Minh City said, the matter whether the price is up or not still need careful consideration, not just depends on some noises in the market, because it just lead reasons for investors blowing the bubble price. It is not smart decision these days to do some tricks at price due to the customers now really sober.

Although the fact is that, there are some projects with nice locations, the prices per square meter are quite different between the construction phases are tens of millions, even hundreds of million VND; but it is just the surface of the problem due to the later phases could focus on utilities, improve disadvantages in construction and design from the first phase, or spare some “spaces” for secondary investors to have differences in term of income.

Galaxy 9 luxury apartment in District 4 is one of the hottest projects near Saigon Business Center

Moreover, there are also situations in which the apartment price is being increased in comparison with the time the market is still bleak; but it only happened when the projects have achieved certain progress (i.e. nearly delivery) or completed. But, you have to look really into the inside of story, the investors will offer flexible sales policy together with discount policy, gifts, pay in installs with deferred interest…with that to say, the price stand still after times of up and down.

The point is, the seller made a psychological impact, felt “gaining over losing” to the buyer. It is unlikely to happen when the market at the time of 2007 and early 2008.

That is still not mentioning about the intensive competition from the apartment market in Ho Chi Minh City, the supply is everywhere, from the inner city to the suburban, so the actions like the sudden increased price or over pricing effects only make congested output.

This is due to, the buyers have too many choices and the information nowadays is reachable so that they get easily confused or change their decisions even when the price have very little, little fluctuation.

VietApartment NEWS compiled

Literatured from Saigon Businessman

Overview of The River Gate apartment of Novaland Investor

alexhoang — Sun, 28 Jun 2015 04:08:09 +0000

Over 150 years of development and innovation, Saigon (Ho Chi Minh City) now has changed its face day by day. More people come to and built up many community, more buildings and construction, big traffic and greener environment. In the heart of non-stop developing City is the business center where mostly transaction, selling and buying activities happen. There are many international company set their office there. Every people, from Vietnamese and foreigners love living in this area because of its conveniences. Boutiques, supermarket, shoping center, convenience shops, traffic is on the higher stage over surrouding area. For the very high value of the market, this business center of Saigon is called as the golden place and real eastate pricing in this area is on the top of the world.

In few recent years, to adapt with the continuous development of the city and increasing popularity, many big projects in surrouding area of business center are developed and solve the demand of owning property of convenience right at the center of Saigon. One direction is on very high velocity of development is the sounth-east area- District 4 separated District 1 by some rivers. The traffic gradually built up and the only problem between District 1 and District 4, connection, is totally solved. At the present, some project you should take notice when you want to own a property near the Old Saigon Center are: The Rivergate apartment, The Galaxy 9 apartment and Icon 56 apartment. All of them is under construction, investment and developent of Novaland investor.

This post aims to inform you useful information about one excellent project right at Saigon Center, The Rivergate apartment. By some pictures in video and introduction of Novaland investor, we hope you can image, just generally, about very hot riverside project.

PROJECT INVESTORS

Novaland Group is a joint stock company whose activities specialized in the field of Investment and Real Estate Development in Vietnam. As an investor has wealthy financial background, high reputation and firmly success in the market with several famous project: River Gate Apartment in District 4; Tropic Garden Apartment in District 2; Lucky Dragon apartments in District 9; Sunrise City Apartment in District 7; Lexington An Phu in District 2; Lucky Palace apartment in District 6; The Prince Residence in Phu Nhuan District; Galaxy 9 D and Icon56 Residences in District 4

Novaland has received a lot of great prestige awards: TOP 10 investors headed Asia (BCI Asia Awards 2013), Vietnamese strong brand in 2013, Famous Brand ASIA 2013.
While the real estate market in Vietnam is still in the recovery stage, the Novaland constantly surpriseby announcement of acquisition a series of very big projects in real estate market such as Hoang Anh Gia Lai, Intresco , Savico, Dai Hung Phu … . Not only acquired many big projects, Novaland Group also prove its ability on selling villa, apartment and other properties. The latest results in ending months of 2014 is selling more than 1,000 apartments in just two months. It somehow surprise all the Vietnamese real estate market.
Mr. Phan Thanh Huy- General Director of Novaland Corporation: “Target of year 2015 is selling out 6.000 apartments, so we are continuing to open new projects “. As he mentioned, in 5 next years, Novaland focus in single house market. Besides the luxurious apartment products, they would change direction to popular apartment with price from 18-25.000.000 per square meter, sell out in big number and have small profit over quantity. As one head of Novaland, this popular segment is very attractive to both customers and investors.

READ MORE>>

VietApartment NEWS

Pricing and Payment of The Sun Avenue Apartment Novaland

alexhoang — Tue, 23 Jun 2015 03:38:18 +0000

This post is essentially written for all of buyers and investor, especial for foreigner, who want to know and estimate roughly about the pricing and payment of The Sun Avenue Apartment from Novaland Investor. There are many factor that affects the final decision of the buyer to any project of apartment, villa or house, from big project like Vinhomes Central Park to small one like Galaxy 9 apartment in District 4. But among factors like location, investor, services or structure of apartment, pricing and payment are the initial factors of all things.

Pricing and payment play very important role in any project and in The Sun Avenue Apartment of Novaland, pricing and payment is introduced in involvement with promotion and financial support from the bank. When you have all the information of the pricing and payment of The Sun Avenue, you will quicker and have useful key to choose best fit project on the basement of analyzing actions and comparison. And the buyer and customers of The Sun Avenue Apartment of Novaland, have the additional reason to buy when they have support from VP bank and some interesting promotion in the selling policy of Novaland.

PRICING & PAYMENT OF THE SUN AVENUE APARTMENT

PRICING

PAYMENT

PROMOTION WHEN BY APARTMENT IN THE SUN AVENUE PROJECT OF NOVALAND
(Applied for April 1, 2015 to June 30, 2015)

Customers will be offered from completion package to plus completion package
You will receive a SH Honda Motorcycle when:
– Buy a 2 bedrooms apartment value: SH 125 cc values 66.000.000 VND
– Buy a 3 bedrooms apartment value: SH 150 cc values 80.000.000 VND

SUPPORT FROM THE BANK

Three year fixed loaning rate of 7.49%/year.

Maximum financial support up to 85% value of The Sun Avenue apartment value.
Allows parallel disbursement, customers can be disbursed as soon as the payment after completed stage 1.
Free early repayment after 36 months.
An original maturity of 1 year.
Prolonged period of payment up to 1 year.

All these financial support start from April 1, 2015 to June 30, 2015.