A series of real estate projects in HCM City launched a sale program with a commitment to rent from VND8-10 million per month. Many experts warn, should only down payment to reputable investors.
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Located on National Highway 1A, Binh Tan district but An Gia Star apartment still available for sale with a commitment to lease back for VND8 million per month. This project is invested by An Gia Real Estate Development and Investment JSC.
According to our records, around this area, rental prices are quite cheap. An apartment with 2 bedrooms only VND4 million per month, 1 house and 1 floor is VND5 million per month. At the same time, the investor has committed to An Gia Star with 2 times higher than the average price in the area.
In District 10, an apartment project on Cao Thang Street, the investor also promised to lease back 10 million per month. The project consists of a 15 story building, a tum and two basements. The Top Life Tower project at No. 376, Dien Bien Phu, District 10 is also pledged by the owner for a two-year lease at a price of VND22 million per month for apartments of 49 to 76 square meters.
Similarly, the Everich II project in District 7 also committed to lease a month is VND15 million per apartment. Customers buy Xi Grand Court apartment is committed to lease back nearly VND300 million per year. This project was transferred by Phu Son Thuan Investment Construction Joint Stock Company from the original owner, Prof. Xi Grand Court is designed with 4 blocks, 29 floors high on the land fund of nearly 18,000 sqm.
Orchard Garden is one of the high-end apartment projects that Novaland has deployed in Phu leen district. Novaland is also committed to leasing, applicable to all Officetel lots. Accordingly, the apartments on the 6th floor will be committed in 12 months and rent 10 million VND per month. The remaining Officetel units are committed 18 months, each month is paid VND10 million.
Another project of Novaland is River Gate is also committed to lease for 12 million VND / month with the Officetel apartments. In addition, Novaland has pledged to reap the benefits of redeeming apartments at least 10% a year, out of total home purchase value.
In addition, Novaland is committed to profitability as customers resell their apartments at the River Gate project. Accordingly, within one month of receiving the house, if the customer no longer needs to use the owner will buy the apartment. Within 2 months after receiving the notice of repayment of the house, the investor shall return all the money paid to the customer.
River Gate is located on Ben Van Don street, District 4. The project consists of 27-storey tower A and 33-story tower B. Each apartment has 1 – 3 bedrooms and is expected to be completed by the end of 2017.
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Talking to reporters, economist Nguyen Tri Hieu said that the owner promised home buyers, guaranteed to lease back VND8-10 million per month is very difficult. Because it’s a matter of the future. Secondly, the real estate market is extremely volatile. Whether or not there are tenants, the percentage increase depends on the macroeconomy.
“All promises are unknown, it is difficult to know if it is real or not. It is important to buy such projects if the investor in the past has done so, “Hieu said.
Le Hoang Chau, Chairman of HCMC Real Estate Association, said that the sale of houses with the commitment to lease just the PR to sell. Mr. Chau advised that when buying this type of house, customers should pay attention to some issues such as careful consideration of the terms such as rental commitment period, the level of investment in furniture more … Save Consider the reasonable price of the apartment at the time of the current market, reasonable compared to other products in the same segment.
Customers should also carefully compare the form of preferential rental commitments and other forms of incentives such as discounts on direct prices, payment moderation … Buyers should also choose to buy apartments from the owner prestigious investment. Well-known real estate companies are always willing to make the strong commitment to customers on the quality of works, after-sales service …
The majority of customers looking to buy apartments to be committed to the lease are investors, not those who need to buy to stay. Therefore, customers often compare the profitability if the investment in housing is always higher than the deposit into the bank without thinking that the offer price is reasonable. In fact, the price includes the amount of money the project owner has to pay the owner for 1-2 years.
Talking to the reporter, Mr. Luong Si Khoa, Vice Chairman of Board of Directors of An Gia Investment Company, said An Gia Star apartment is sold with a commitment to lease back for VND8 million per month is accurate.
“This is the policy of the company to sell to customers who invest or buy to rent. An Gia Investment will implement these commitments with customers, “Khoa said.
Representatives of the Novaland Group said that the Group has a number of projects committed to earning 10% per year, committed to lease back VND10 million / month. However, the above programs only apply to some projects and certain time.
In addition, Novaland also offers a variety of affordable financial support packages for customers to choose. In addition, these projects always have the advantage of location and quality so Novaland products always ensure the liquidity for customers: easy to buy, easy to sell, easy to rent …
According to Novaland representative, Novaland’s projects have been completed and put into use in District 4 such as Icon 56, Galaxy 9, officetel yields reach 8-12% / year with high occupancy rate fast. In addition, Novaland also introduced customer support services after customers have purchased Novaland products.
Accordingly, Novaland Agent will be the company that performs the services of transfer, lease support, financial consultancy, legal consultancy, apartment management, value Invest in real estate with high liquidity, while saving maximum time for customers.
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