Vingroup is not strange name to customers as well as investors, with its prestige confirmed through the high quality, luxurious products. It has a great position and strength in the real estate market. Customers can experience a completely new, modern style by the classy product line – service of international standard.
Thanks to that reason, VinGroup is always trusted by customers, affirms its position, proud to be the brand standing in the top private economic groups in the country. And new investment strategy with VinCity project has confirmed the long-term and pioneering vision for the strong change of a real estate segment with the greatest demand in Vietnam currently.
VinCity is the new wave stirring cheap housing market
With the current status of real estate market in Vietnam, high-end residential, apartment and condominium segments are still a trend and receive big investment from developers. In the meantime, VinGroup has moved into another field. Recently, on December 3, 2016, Vingroup announced officially to launch a new product line called Vincity, a line of low-cost apartments for those with average income.
Following this announcement, full appeal has been poured into VinCity apartments and the project is going to be offered on February next year by Vingroup Group. This is an unexpected move which has stirred up the real estate market nationwide and has become a major competitive threat for investors in the same low cost housing market segment.
The reasons creating that stir of VinCity is the commitment and desire of Vingroup. Vingroup is eager to completely change the concept thought by many people that cheap price housing has low quality. Therefore, Vingroup commits to construct VinCity not only as an affordable price urban area with most people, but also brings the quality and synchronizing utilities of VinGroup brand.
With the novelty, big change in VinGroup’s move, Vincity project is considered to be the driving force of the real estate market in 2017 by many experts, especially the cheap product segment will be warmed up as much as possible.
VinCity carries out mission to serve the community
As the pioneer unit in real estate, VinGroup is always aware of the mission of a home builder. Accordingly, Vingroup has the understanding with the dream and the expectations of the people who do not have home. Therefore, VinCity apartment line is a gift that VinGroup want to send to everyone.
With not too high price, only about 700 million / apartment, VinCity is a safe, modern residence and suitable for the income of most of people. VinCity’s cheap apartment brand will be the next project of VinGroup contributing to chang the appearance of Vietnamese cities in the coming years for more and more beautiful cities on a par with the cities on the world.
The first places have the presence of VinCity
As planned, in the first phase, VinCity will be developed simultaneously in 7 localities: Hanoi, Hung Yen, Ho Chi Minh City, Hai Phong, Thanh Hoa, Ha Tinh, Nha Trang with about 200-300 thousand cheap VinCity apartments serving the housing needs of millions of people. Meanwhile, in Hanoi and Ho Chi Minh City, VinCity project will be implemented in suburban districts far from the city center, contributing to the formation of satellite urban areas to reduce population concentration and avoid traffic jams.
New classy model worthy of VinCity brand
Being oriented on the simulations of a modern city right in the heart of every family, VinCity is designed and planned as a complex urban residential complex of high-class apartment buildings, townhouses, trade centers, modern and synchronous facilities, services, and professionally invested with large scale.
At VinCity, residents are still entitled to enjoy, experience the same utility and services the same as other high-end Vingroup products that are not inferior to even though this is only medium segment products.
Moreover, the design of the Vincity apartment also aims to green space, ensuring fresh living space for residents.
With the strength of internal force together with the attention on taking care of spiritual life of residents, VinCity apartment has been focused and put all their heart by Vingroup. With a lot of advantages, although just enter the market, VinCity Apartment has affirmed the ownership of the market and created a new trend.
VinCity has apartments ranging in size from 35 to 92 m2 at an average selling price of VND13 – 19 million /m2. But the customer of VinCity only need to accumulate a sum of 20 – 30% of the apartment’s value, they can own a home here. This type of apartment will be suitable for most Vietnamese with average income, young families with incomes below 250 million / year can buy and pay by installments in 4-6 years.
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