According to the CBRE Vietnam report quarter 1 in 2018, the number of townhouse-villa transactions increased sharply in the first quarter of 2018.
However, villas, townhouses have not accounted for 10% of supply. Saigon East is still the main product supplier with 59%. In particular, the highlight of the area is the Little Village project.
The East led the supply and transaction
Real estate segment attached to land including villas, townhouses in Ho Chi Minh City in the first half of 2018 is attractive segment in the real estate market in HCMC.
According to real estate market report of CBRE Vietnam, the total market consumption in the first quarter reached 80-98% of the total number of townhouses and villas sold. In comparison with the same period last year, the supply increased by 19%. This is also the highest offering rate in the last 3 years.
Villas and townhouses are always sought after by real estate investors because this is a safe and profitable investment channel that satisfies the psychology of Vietnamese property owners. In particular, the most prominent and prominent project in the East – Little Village. Currently, there are only a few final residences in the project compound compound 41 Little Village mansion.
Little Village – high-end projects inherit development infrastructure
According to statistics in period 2012 – 2020, there are 11 large infrastructure projects in the East. With a total budget of up to VND 250,000 billion, accounting for 70% of the investment capital, the appearance of infrastructure in the area, especially Thu Duc has a great change.
Therefore, high-end townhouse and villa projects in Thu Duc area are expected to continue to grow well due to the effect of investment, infrastructure development and high-end housing demand. The Little Village project is located on Pham Van Dong Boulevard, Thu Duc District, with great potential for prime location, which is ideal for residential and investment purposes.
Expected to increase the price segment of villas in the East continues, creating a premise for Little Village added value in the market.
Expected sales and price increases in the East market will continue until the end of the year. With the development of transport infrastructure, villas and townhouses such as Little Village are still the center of choice for residents as well as investors expecting real estate price increases when infrastructure projects Communication completed.
Some general information:
– Owner: World Housing Co., Ltd
– Project Development Unit: Phuong Viet Investment Corporation (PVInvest)
– Location: Pham Van Dong Street, Hiep Binh Chanh Ward, Thu Duc Dist. HCM
– Scale of project: 7.500m2
– Construction density: 30%
– Area of townhouses: 5 x 20m, 5 x 22m, 5 x 24m, 9x18m
– Structure: 1 basement, 1 ground floor, 2 floors, 1 roof, a roof terrace and green garden in the house.
– Number of units: 41 (Block A: 19 units, Block B: 16 units, Block C: 6 units)
– 24/24 security. Camera system stores images of 1 month.
– Legal: Pink book forever
– Construction period: From Quarter II / 2017
– Delivery time: Quarter II / 2018
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