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The real estate market is heating up
In the 2015 – 2016 period, the economic situation has become more bustling; the balance of supply and demand has been more stable. In particular, the real estate market has heated up as more demand stimulus policies from the Government were issued. Deputy Minister of Construction Do Duc Duy said that the real estate market has recovered positively. This is the important premise to create “motivation” for the real estate market in 2016 to continue to develop and to have a good liquidity.
According to Vnrea, the real estate market in 2016 will take after the strong recovery of 2015; the effective monetary policies of the State to help the macroeconomy to have the best conditions for long-term and sustainable development. Vietnam now adjusts VND exchange rates, reduces dollar deposit rates and restricts foreign currency holdings, along with economic growth, inflation reduction, and strong impacts of the Real Estate Business Law, Modified Housing Law… The State Bank of Vietnam (SBV) has lowered its deposit interest rates in 2015, contributing to creating heat, shattering the real estate market with a sustainable recovery.
Sao Mai Group speeds up with the real estate market
Since its foundation, Sao Mai Group has set the course for the destiny of the Group. Real estate will be the key, leading the industry to build a brand for businesses. Consistent with that goal, ASM has provided the foundation for planning marketing strategies and media campaigns that correspond to the beats of the real estate market in hot, cold and warm conditions. This year, with the recovery trend of the housing market, Sao Mai Group has launched many preferential policies and attractive product lines such as land plots, townhouses, row-houses, commercial townhouses, villas, commercial areas, a completed house that are built in various positions to serve many customers with corresponding income levels.
Recently, Sao Mai Group continues to cover the real estate business network by starting the construction of Sao Mai Trieu Son – Thanh Hoa high-end urban area with the area of over 51ha, divided into 2 phases of implementation. In which, phase 1 has the total investment of more than 400 billion. The design is perfect to meet the basic needs of life as well as improve the lives of people in urban areas. Complete technical infrastructure, convenient transportation, electricity, water, smoothly communication will ensure the best living conditions for people. The project is scheduled to be completed in April 2017.
Phase 2 will be implemented next with social infrastructure such as hospitals, markets, kindergartens, elementary schools, cultural houses. In particular, the 500-bed hospital, which is fully equipped with modern equipment, has a total investment of over 800 billion VND. The market is also built on a land area of 2.4 hectares, with beautiful architecture, durable structure and spacious, which meets the criteria of a civilized and polite community to serve the business needs of local people.
With a vision, Sao Mai Trieu Son urban area project is a satellite urban area of Trieu Son district, forming a system which connects the technical infrastructure with the center of the district, creates a civilized, modern urban center for Trieu Son suburban district in particular and Thanh Hoa city in general. This is the first model urban area in Trieu Son district that will become a center of economic, trade and services, contributing to create a new face and powerfully, fast change the socio-economic development.
The project is located on the main road of the suburban district, Highway 47 connects from Thanh Hoa city to Sao Vang airport and Ho Chi Minh road. The urban area is an important road and air transportation hub, contributing to the rapid urbanization of Trieu Son suburban district, Thanh Hoa province. Currently, Sao Mai Group is speeding up its construction to meet the demands of people in the project and surrounding areas.
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