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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

Attractive Price and payment of RiverGate apartment of Novaland

alexhoang — Mon, 13 Jul 2015 02:20:47 +0000

Say about Novaland investor and developer, people all know about many big constructions and big M&A in real estate market recently. In District 4, there are several construction projects of this dominant company may attract you: Galaxy 9 apartment, Icon 56 apartment or River Gate apartment. Like in all of Novaland system, price and payment of apartment have the same scheduling way and same promotion. Among many big company in real estate market, Novaland is the favorite choice of many foreign investor for they have very attractive payment when foreign investor pay at once. The promotion may be up to 15% with 99% value of apartment pay when sign contract. To many foreign investor, that is the great news because they have enough money to buy a dozen of apartment in one week and they buy in group of well preparation.

This information is from our partner distributor in River Gate apartment offer in May, 2015. The percentage each stage may be changed to be higher because Novaland, or any developer of project, prevents the surfering effect that blow up the price and ruin all the market.

PRICING & PAYMENT FOR RIVER GATE APARTMENT

PROMOTION
( Applied from April 1st, 2015 to new paper issued )

1. For the customer receive basic apartment (non-furnished)
– Applied for all customers buy apartment in River Gate apartment.
– If you don’t want to receive partly-furnished package, the value of the package will be directly calculated to the selling price included VAT equivalent to 2.500.000 VND per square meter plus the using area of apartment.
– Duration to upgrade basic apartment to furnished apartment is 6 months.

2. SH motorbike present:
– Customers will be offered present of SH motorbike:
+ For apartment 1 bedroom and 2 bedrooms apartment in River Gate: 1 motorbike SH 125cc values 66.000.000VND.
+ For River Gate 3 bedrooms: present SH 150CC value 80.000.000 VND.
(Present can be directly calculated in to selling price).

PROMOTION OF RIVER GATE OFFICETEL
( Applied from April 1st, 2015 to new paper issued )

1. River gate officetel will be upgrade from basic standard to furnished standard:
– Applied to all customers buy officetel
– Duration to upgrade basic officetel to furnished officetel is 6 months

2. First year renting out commitment:
– Value of renting out for first year: 420.000 VND/sqm/month (calculating on the using area of officetel.
– Criteria of this commitment: At least 2 months from the day you receive ownership of your officetel, you have to furnish your officetel (kitchen, air conditioner, lighting system, bed, table, sofa, TV, refrigerator, desk) and handle back to Novaland to conduct commitment of renting out in one first year. You will receive you rental rate every 3 months and have to pay any tax if exist: Khách hàng nhận tiền thuê mỗi 3 tháng 1 lần và phải thanh toán tất cả các loại thuế theo quy định của pháp luật bao gồm: VAT, personal income, purchasing tax …
– Specially to customers who own officetel from 1 to 7 lot, 27 to 32 lot: if you don’t accept renting out commitment, you can ask for directly calculated in to selling price included VAT value equivalent to 420.000VND/month plus using area in 6 months.

PRICING OF RIVER GATE APARTMENT

PRICING OF APARTMENT FOR SHORT PAYMENT

PRICING OF RIVERGATE OFFICETEL

PRICING OF RIVERGATE OFFICETEL IN SHORT PAYMENT

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VietApartment NEWS

RiverGate apartment of Novaland investor, services and your happiness!

alexhoang — Thu, 09 Jul 2015 03:28:10 +0000

In any apartment you want to buy, the No.1 thing you should find carefully is the service of that apartment. You can imagine that how happy your life is if around you always there are many happy people, keep smilling to you. We call that is the service. The border of definition of service now is reach further its limit and that is the mindset of any investor or developer if they want to have many people come to them. The services is the value, the core value of what you are going to buy and own. Today, we will tell you some basic information of RiverGate apartment in District 4 of Novaland developer, that is the service, the true value of what you gonna to have.

In two or three next months, you will have much priviledge to buy RiverGate apartment in District 4 for some reasons:

+The price is on the bottom of the crisis condition of the market. When time last, the price will go up.

+RiverGate apartment is developed by Novaland investor, a famous and big company in Vietnam.

+You have many alternative choices like Icon 56 apartment or Galaxy 9 apartment and it have many rushing buying customers.

+Many foreigners are looking the movement of the market and looking for a sustanable development and they will set their decision when law is made clear to protect their own benefit.

+Last but not least, is the service of River Gate apartment. Novaland, all the developers, from the single one, employee, try their best to build construction that values.

SERVICES OF RIVER GATE APARTMENT

River Gate Project is fully furnished with advanced facilities to serve the best life for all the residents living here. Customers can meet all the needs of daily living with designed services such as swimming pools, commercial shopping center, spa, gym,cafe, restaurant and many other high-end gadgets.

Shopping mall in River Gate apartment is model of wholesale and retail business model which meet the various shopping needs of almost people with a reasonable price. Opening, large in width hall facilitate the selection of favorite products of customers. Every shop in River Gate aims to diverse products for variety of customers demand. For parking? Don’t worry, you will have very big place to park your car, even the big car. Then you can go to have a rest, even after long shopping time, in food, café area. That is a truly value of a commercial center that differs.

Officetel is a new model of property product, is expected to attract more investors from the market. This model is a combination of Office and Hotel, which means that the owner has the right to both business and residence registration for his apartment Officetel. This model is attracting the attention of the market and expected to grow significantly in the coming years. Come to River Gate apartment, customers is hardly ignore the new model of Officetel on the area from 26 to 31sqm, this is the first investment options for those who prefer to buy an apartment for rent. You can design a one-bedroom apartment for staying and working. This type officetel of River Gate apartment is suitable for singles for its affordable rental rate and have sufficient utility to use, such as swimming pool, gym, shopping and dining area. You will attract big intention and have a big chance to rent you apartment out.

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VietApartment NEWS

Information of RiverGate apartment for foreign investor

alexhoang — Mon, 29 Jun 2015 04:18:38 +0000

There is only 1 day left for the big changing in many field of Vietnam economy. From the July 1st, many law section is corrected and upgraded for a new vision of Vietnam, to join in worldwide and regional community. One of that law you, as an international investor, should know is the law about foreigners can buy and own property in Vietnam. Up to present, all of the law sections are being manipulated by gorvenment and many there will be a short period of time for completion of all related law such as visa or transfering property. So if you want to invest in property in Vietnam, just take a hold after 1st of July for testing the changing and experience from community.
Today, we would like to introduce to you information of RiverGate apartment in District 4. Rivergate apartment is one of the best places for you to invest in for its location right at the desk of Saigon Business Center. Here are general information but you keep reading, you will find very useful information for your investment. Beside this project, you also need to find information from Galaxy 9 apartment and Icon 56 apartment from Novaland.

RIVER GATE APARTMENT INFO

In the development plan for the city, District 4 will be a broadening center of Ho Chi Minh on an area of 930 hectares. This place will be a booming area of civil-commercial-industrial purposes that stands for the podium of development of regional center. In the history, District 4 is a deserted place that is separated by channel and rivers. District started to change its face and wore a new dress. People moved to District 4 and change it every day. Gradually, many commercial centers are set up and built mostly besides Saigon River, on Nguyen Tat Thanh and Hoang Dieu Street to an intended public center at Ward 1. Nowadays, District 4 is absolutely changed to be an expanding center of Ho Chi Minh City with very high quality infrastructures: commercial centers, international tourist harbor. On a privilege location, being next to business center and Ben Nghe River, District 4 is a potential place for you to buy or invest in real estate products, especial at the present.

Having a great location for transportation in District 4, River Gate Apartment will be a great choice for people who are working in Saigon Business Center. Living here, you can easily go to District 1 via Calmett Bridge and other District like District 3, District 5, District 8, 10 and 11. River Gate Apartment is supported to be the best apartment project in District 4 in 2015.

River Gate apartment designed in luxurious and modern way is a most high quality residence project in central region that Novaland is developing now. The project is a harmonious combination between offices, commercial centers and apartment into a perfect unity.

River Gate Apartment consists of two buildings from 27 to 33 high floors which area varies from 56.80sqm to 114.24sqm. After finish, River Gate Apartment is a symbol of beauty, harmony, grace and elegance beside Saigon River. All apartments hear are designed in open-air style in harmony with at least two surfaces exposed to river space.

Big promotion over the pricing of Icon 56 apartment, so attractive!

alexhoang — Fri, 19 Jun 2015 03:14:27 +0000

In traditional way, between the Westerners and Esterners, promotion over the pricing have the same meaning as the way it is. There are some level of promotion: you have direct gift when you pay at once, you have promotion from the bank when you go with them, you have gift when you choose some packages of payment or receive a gift like a “thank you” words in Icon 56 apartment. There are many examples for this kind of promotion you should know to get what other customers are now having it. In Vinhomes Central Park, you will have a discount up to 7% of the value of apartment when you pay before the deadline of all single payment stage and 2% from Techcombank when you pay before expiried day. In Galaxy 9 apartment of Novaland, you will have direct discount of 3%, 4% or 7% when you choose different type of packages of payment. The real estate market in Vietnam form 1st July 2015 is very hot and it is hotter with the promotion of the project.

In Icon 56 apartment, you will have very big and attractive promotion and please note it as a grateful present for all the people who are giving a trust in Novaland as a big company in Vietnam.

PROMOTION OF ICON 56 APARTMENT
( Applied from April 1st to June 31th, 2015 )

Furniture promotion
Customers who buy apartment in ICON 56 project from 4th to 13th will receive furniture promotion:
– 1 bedroom apartment: furniture values 150.000.000 VND (number 7, 8, 9, 12A, 12B)
– 2 bedrooms apartment: furniture values 205.000.000 VND (number 1, 4, 5)
– 3 bedrooms apartment: furniture values 240.000.000 VND (number 2, 3, 6)
– 3 bedrooms apartment: furniture values 330.000.000 VND (number 10, 11)
Furniture promotion can be directly calculated in to selling price included VAT.
Pricing
Selling price from 26.000.000 VND per square meter depend on location. High discount up to 7%. Flexible payment. You will be financed by Techcombank with loaning rate 8.99%/year fixed in 3 years

Pricing of ICON 56 apartment for normal payment.

Pricing of ICON 56 apartment for short payment.

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Where is the Icon 56 apartment Novaland in District 4?

alexhoang — Thu, 18 Jun 2015 02:57:37 +0000

In some previous posts, we mentioned about some projects of Novand in District 4, next to the Saigon Business Center such as Galaxy 9 apartment and Icon 56 apartment. With some article about location of Galaxy 9 apartment, you may know where is Galaxy 9 apartment is but you may not know where is The Icon 56 apartment, a project with a strange name when first hearing. And you will know after this post and have a clear answer for some questions: where it is? Is Icon 56 near the River? Does Icon 56 has a gold view to the center? and so on.

LOCATION OF ICON 56 APARTMENT

From ICON 56 apartment, you can have a wide view to all of the city. You can have many free concert on the river from this place.

ICON 56 apartment is placed on a very important location that hardly can you find in others project. You can find it in the map below. Picture can say much more than we can.
From ICON 56 Apartment Novaland, you spend only 3 minutes to take a walk to big avenue in District 1 like Nguyen Hue, Le Loi, Dong Khoi, etc. At ICON 56 apartment, you can take an overall looking of Saigon at a very beautiful place of apartment.
According to the construction plan of HCMC, District 4 is located near a lot of commercial finance centers of HCMC, particularly with the major roads connect District 4 to District 1 as Nguyen Tat Thanh, Hoang Dieu, Ben Van Don. After a long period time of upgrading, Ben Van Don route has become widely and easily way to move to Q1.
However, free land funds in this area is almost nothing, so the introduction of ICON 56 draw huge attraction for you have full condition to live near city center.

ICON 56 location: 56 Ben Van Don, Ward 12, District 4, HCMC
• ICON 56 apartment is opposite to Vo Van Kiet Avenue, very closed to the city’s financial center within just a few minutes to walk. ICON 56 is a symbol of pride and art with modern design outstanding in District 4.
• ICON 56 apartment is connected to District 1 through Mong Bridge – one of the oldest bridges in HCM City. Just step over the bridge, you get to finance center, where located there the headquarters of the State Bank, City Stock Exchange.
• In an easy connection of transportation to District 1, District 2, District 3, District 5, 7 and 10.

Big promotion in payment and pricing of Galaxy 9 apartment in District 4

alexhoang — Thu, 18 Jun 2015 02:21:36 +0000

Writing about payment and pricing, we know this post will be very useful for those who are going to buy apartment in Galaxy 9 in District 4 for staying and investment reasons. And writing this piece of information in English, we hope that not only Vietnamese can read it but also foreigners who are willing to buy property in Vietnam can understand.
Galaxy 9 apartment is one of the luxury projects of Novaland besides Icon 56 apartment nearby. Standing as the pioneer in Real estate market, Novaland is right at the moment when they focus in the middle and premium president for people who want to have a happy and healthy life. Novaland is continuously the leading in distributing and selling apartment. One of that reason is they have a very attractive promotion like a big thank to the customer and investor for being trust in their project.

PROMOTION
( Applied from 01/04/2015 to 31/06/2015 )

1. Promotion for apartment
1.1 Promotion for customers buying apartment in Galaxy 9 apartment.
-Present for apartment number 07 and 12A: 1 motorbike SH 125cc (VN) values 66.000.000 VND
-Present for 3 bedrooms apartment: 1 motorbike SH 150 cc (VN) values 80.000.000 VND

1.2 Promotion for Galaxy 9 apartment number 15:
-Present for 3 bedrooms apartment number 15: 1 motorbike SH 150cc (imported) values 146.000.000 VND

2. Promotion for all officetel and commercial offices:
-Special present is Iphone 6-16GB values 18.000.000 VND (can be directly reduced to selling price)

3. Promotion for all customers:
-Customers who live, work or have an ownership in Tan Binh, Go Vap, Phu Nhuan, Binh Thanh District or District 3 have promotion of 1%
-Customers who work as airways staff have promotion of 1%

Promotion under form:
Directly calculated into selling price included VAT.

Completion condition
– Apartment: non-furnished when transferring
– Office-tel: non-furnished when transferring

PRICE

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Viet Apartment NEWS

Which apartment in Galaxy 9 apartment project is your choice?

alexhoang — Wed, 17 Jun 2015 02:33:50 +0000

Normally, that question can be only answered when you go directly to the Galaxy 9 apartment in District 4. Orientation is very important to every project for the big project like Sala Residence, Vinhomes Central Park or small one like Icon 56 apartment. Once you have already known the orientation as the most important reason to choose, you will choose the apartment for you very quickly. That is why I have this post and from only 3 pictures of Galaxy 9 apartment, I think you can have clear orientation, imagine all the apartment inside Galaxy 9 and probably go the first decision of which apartment in Galaxy 9 apartment is your finnal choice. After this step, please contact us to confirm about availability of that apartment because Galaxy 9 apartment is sold out very quickly.

Galaxy 9 apartment owns a very advantageous location in District 4

STRUCTURE OF GALAXY 9 APARTMENT RESIDENCE

Galaxy 9 apartment has diverse apartment area which meet variable needs of all types of area from 48.7 to 122sqm, 1-3 bedrooms respectively, follow U-shaped design style. Each apartment in Galaxy 9 Residence will receives natural light to each room, and especially that the apartments in Galaxy 9 all have balcony

Typical flat structure of Galaxy 9 apartment for 4th to 5th floor

Typical flat structure of Galaxy 9 apartment for 6th to 20th floor

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VietApartment NEWS

Overview of Galaxy 9 apartment in District 4

alexhoang — Tue, 16 Jun 2015 02:57:02 +0000

In the next 2 years, there is a big project of apartment right at the gate of Saigon Business Center- Galaxy 9 apartment. This project is developed by one of the biggest construction company in Vietnam- Novaland and it is hopefully expected to be one of the star of accomodation in the galaxy around Saigon Center.
District 4 is separated with District 1 by some channels and rivers. Nowadays, when many big bridges are completed, District 4 tends to be a part of Saigon Business Center. Many big buildings begin to raise up and you, foreigners or Vietnamese, have many great chance to own an great place to live: high quality, high standard of living, near the Center and besides the River. Such an amazing life in Galaxy 9 apartment.
Like many project like Icon 56 apartment, Goldview apartment, Galaxy 9 apartment has its own features that you should know before setting a decision to buy or rent.

GALAXY 9 RESIDENCE INFO

Galaxy 9 Apartment is located at 9 Nguyen Khoai, Ward 1, District 4, Ho Chi Minh City. Galaxy 9 Residence is a complex building of Apartments – Trade and Services on an area of 6.227sqm. 21-hight-floor Galaxy 9 Residence consists of 500 apartment 21 among various utilities include swimming pool, BBQ area, the residence park, children’s play area, gym & yoga room, laundry area, restaurants, Cafes. We can say Galaxy 9 Apartment stand at the first place of high density of trees and big swimming pool currently in District 4.

● Galaxy 9 apartment gets started at: March 2014
● Completion expectation time: December 2015
● Total land area Galaxy 9 on: 6.228sqm
● Construction area: 55.068sqm
● Construction density: 39,7%
● Number of basement: 1 with area of 5687.1sqm
● Number of floor: 20 floors
● Number of apartment each floor of Galaxy 9 building:
From 4 – 5th floor: 11 apartments each floor
From 6 – 20th: 14 apartments each floor

Vietapartment » galaxy 9 apartment

Apartment in Vietnam shall set a new price level?

Attractive Price and payment of RiverGate apartment of Novaland

PRICING & PAYMENT FOR RIVER GATE APARTMENT

PRICING OF APARTMENT FOR SHORT PAYMENT

PRICING OF RIVERGATE OFFICETEL

PRICING OF RIVERGATE OFFICETEL IN SHORT PAYMENT

RiverGate apartment of Novaland investor, services and your happiness!

SERVICES OF RIVER GATE APARTMENT

Information of RiverGate apartment for foreign investor

RIVER GATE APARTMENT INFO

Big promotion over the pricing of Icon 56 apartment, so attractive!

PROMOTION OF ICON 56 APARTMENT ( Applied from April 1st to June 31th, 2015 )

Where is the Icon 56 apartment Novaland in District 4?

LOCATION OF ICON 56 APARTMENT

Big promotion in payment and pricing of Galaxy 9 apartment in District 4

PROMOTION ( Applied from 01/04/2015 to 31/06/2015 )

PRICE

Which apartment in Galaxy 9 apartment project is your choice?

STRUCTURE OF GALAXY 9 APARTMENT RESIDENCE

Overview of Galaxy 9 apartment in District 4

GALAXY 9 RESIDENCE INFO

PROMOTION OF ICON 56 APARTMENT
( Applied from April 1st to June 31th, 2015 )

PROMOTION
( Applied from 01/04/2015 to 31/06/2015 )