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According to CBRE’s report, the new supply of apartments market sold in the third quarter of 2016 recorded a total of 8,016 new apartments from 23 projects, including 13 completely new projects and 10 projects is offered for sale later. Of which, the high-end segment accounted for 29% of total new supply.
In addition, you can refer to the projects being sold in District 4, here: Selling apartments in District 4 HCMC
Only in the area of Ben Van Don (District 4, Ho Chi Minh City) – known as the gold road of high-end real estate, also concentrated on large scale projects with the presence of name owners. Rental rates are ranging from $ 500 to $ 2,500 per month for one to three bedroom apartments. In addition, the population of Ho Chi Minh City is rising, and trade agreements are in the negotiation round, luxury apartments in the center of Ho Chi Minh City are still a potential investment channel, especially for foreigners. But between a series of high-end projects are springing up here, investors need to know what to consider “down the money”?
Masteri Millennium apartment District 4 is a high-end apartment project with a well-known brand. However, the price of the Masteri Millennium apartment is considered very competitive when comparing to a number of other projects within and outside the high-end apartment segment.
This is one of the best high-end projects in the Ben Van Don area (District 4) in particular and District 4 in general, especially when comparing to the two big projects as The Tresor and Icon 56 of Novaland Group. Millennium has a reasonable price compared to another high-end apartment One of the biggest differences of Millennium with the high-end apartments in Ben Van Don area is that the project owns two fronts. Millennium is also the only project in Ho Chi Minh City to provide permanent Officetel ownership.
>>> You can read more: Millennium Apartment With Values For The Future
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