In the heart of District 1 Ho Chi Minh city is the most competitive real estate market in ASEAN.
Competitive level of real estate market in HCMC
According to CBRE Vietnam, despite the record highs since 2004, prices of luxury apartments in HCM City are still competitive in comparison with other major cities in the region. area. Specifically, the price of this luxury segment in HCM City is VND 60-150 million / sqm, still much lower than Singapore VND400-500 million / sqm or Bangkok is VND 140 – 200 million /sqm.
Real estate prices in this area still have a lot of competitive potential.
Competitive level of real estate market in the center of District 1 – Ho Chi Minh City.
Foreign investors also shared the same view that District 1 is not only a bargain but also a high real estate profit rate in District 1. In the segment of luxury apartments are exploited value from the rental of 3-6% per year, especially the most popular is 4-5% per year. Top 5 groups of tenants have abundant budgets from Japan, USA, UK, Singapore and Germany.
Some forecasts suggest that this efficiency could increase to 8-12% per year in the coming period, as the effects of trade agreements actually materialize. J.M (Taiwan) – wholesale investors in District 1 revealed that: “I have just collected many apartments, Office-tel in the center of Ho Chi Minh City. Buy 5 new products equal to one product in Singapore, the demand for rent is very large, commercial efficiency as transfer, renting properties also see more than! “.
It can be said, compared with the general real estate prices of other countries in the ASEAN region, District 1 Center. Ho Chi Minh has great potential in competing for real estate prices.
Revenues from real estate in District 1 amount to more than VND 1 billion / year.
The Madison Complex – where profits are being made steadily:
With the fact that the land fund for the commercial apartment project is extremely limited in the core area of District 1, the Madison Complex at 15-Thi Sach District-1 can not fail to reach the target of the investors. private and domestic. “While other forms of investment, such as gold and securities, are falling and falling, my clients are hugely” hiding “capital into central real estate because they are not devalued, just exploited profits steadily. Madison is highly appreciated because of the convergence of factors that ensure sustainable added value such as central core location, urban infrastructure and utility services are available, furthermore there is an open payment policy!
District 1 attract many domestic and foreign investors with many high-end projects.
District 1 is located in the heart of the city and is close to the tourist sites, thus attracting many investors and forming many high-end projects. Some big projects such as VinHomes Dong Khoi high-end projects; The One Saigon Project; VinHomes Ba Son, … ..
District 1 is a busy area:
District 1 is considered the busiest with the highest levels of social activity. Dong Khoi Street and Nguyen Hue Pedestrian Street are two commercial walking streets. This is the area that is considered as the heart of the city, the construction of the project here will be indispensable.
District 1 is also a place where there are many commercial centers, many large roads and many people live as well as many visitors often stop and live. This is one of the issues that investors are paying special attention to.
In general, District 1 is an area in the center of HCMC. Ho Chi Minh City, has favorable geographic location, beautiful grounds and attracts many investors in the country as well as abroad. Not only that, District 1 also has a lot of potential in terms of real estate price competition in the region and also in other countries in the ASEAN region, bringing about economic benefits.
A series of apartments of international standard:
District 1 Madison Project:
Madison Apartment District 1 is located in a prime location on the most prestigious thoroughfare of Saigon. The project is remarkable, marked as a symbol of prosperity over time, where experience elite, high class living in the most dynamically developed cities in Vietnam.
Madison apartments inherit the utility outside the center of HCMC. The project will be launched in the future in order to meet the needs of investors and residents of the need to own apartments in District 1.
Thanks to the advantage of the gold position, Madison Apartment will bring to customers the latest experience, the residents living and working here can walk to Thu Thiem New Urban Area District 2 and the center. The most convenient way of administration is qualified 6 stars.
Ascott Waterfront Saigon Project:
Ascott Waterfront Saigon Luxury Serviced Apartment is part of a complex of office buildings with offices of many financial and banking companies. The project is located at 1 Ton Duc Thang street in the heart of Ho Chi Minh City, just a minute’s walk from the Opera House and the City People’s Committee, about 30 minutes from Tan Son Nhat International Airport.
Ascott The Saigon will bring luxury living space with high quality furniture and amenities as well as personalized services tailored specifically to the needs of business people and senior executives.
The building has a view across the Saigon River, surrounded by many Grade A office buildings, high-rise buildings, commercial centers. Guests at Ascott Waterfront Saigon have easy access to shopping and entertainment venues, rich food. Traffic around the project is convenient when the metro station is scheduled to open in 2018.
Ascott Waterfront Saigon is expected to open in early 2016, offering spacious, elegantly designed, flexible apartments ranging from small apartments to 4-bedroom penthouses. kitchen furnishings, work area and separate dining room. Enclosed are a range of amenities including a fitness center and club with panoramic city views, swimming pool, rooftop bar, restaurant, children’s play area and ancillary retail stores. .
It can be said that District 1 is a rendezvous for you to complete the trust. Promised to bring a wonderful home for you!
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