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Plan To Buy VinCity Apartment In District 9 With Income Of VND 15 – 20 Million Per Month

Vincity apartment

Since the launch of Vingroup, the low-cost apartment project of VinCity 9 has attracted tremendous interest from a wide range of customers, including real estate investors and households having low and medium income.

Many experts said that with an income of VND 15 to 20 million per month, people can fully own a VinCity apartment in District 9 with selling price from VND 700 million – 1 billion with full advanced facilities.

View detail information of Vincity District 9 here:https://realestatevietnam.com.vn/properties/vincity-grand-park-apartment-in-district-9-ho-chi-minh-city/

Get quotation, advantages and disadvantages, the investment rate of the VinCity project in District 9 to see if the project is suitable for your investment or residential needs.

VinCity’s low-cost apartment project is not only a long-term business strategy of Vingroup but also aims to create good value for the community, improve people’s lives, contribute to the development of the country of this leading business in Vietnam. VinCity is investing in the first phase in seven locations nationwide, including Ho Chi Minh City, with a lot of young households who is in great demand for affordable housing and apartments.

VinCity apartment in District 9
Perspective of VinCity apartment project in District 9

In Ho Chi Minh City, Vingroup will launch two low-cost apartment projects VinCity in District 7 and District 9. Among them, the estate-agent pay special attention for VinCity in District 9 and usually update news from the investor.

VinCity project in District 9 is located in the prime location of District 9, belong to Long Binh Ward and Long Thanh My Ward. VinCity project in District 9 is planned to develop into a model urban area with full services, professional operation management, guaranteed quality apartments to provide customers who have low and medium income an ideal place to settle.

General information about VinCity in District 9 you should know:

Project scale: Over 300ha

Building density is from 20 to 25%.

Public utilities: Medical center; sports facilities and service infrastructure; schools, trees, landscapes, shopping centers, convenience stores.

Estimated height: 22-25 stories.

Apartment area: 35m2 – 90m2.

Expected price: VND 13 million – 19 million/m2.

Plan to buy VinCity apartment in District 9 with the income of VND 15 – 20 million per month

Customers who are earning between VND 15 – 20 million per month and interested in the VinCity apartment project in District 9 can refer to the below apartment purchase plan:

  • Total income: VND 15 – 20 million/month.
  • Type of apartment to buy: apartment with two bedrooms, two toilet rooms for family with 2 – 4 members.
  • Apartment area: 50 – 65 m2.
  • Apartment price: About VND 1 billion.

Funds:

  • Accumulated donation (or cash in hand): VND 500 million, equivalent to 50% of the total value of the unit (including support from family).
  • Bank loan: VND 500 million, equivalent to 50% of the remaining value of the apartment (Note: Customers can borrow up to 70% of the apartment value).
  • With a loan of VND 500 million and a commercial loan with interest at 10.5% per year for 15 years, your family will pay monthly:
  • The monthly principal: 500 / (15 × 12) = VND 2.8 million/month
  • Monthly maximum interest rate: 500 x 10.5% / 12 = VND 4.3 million/month
  • Total monthly payment: 2.8 + 4.3 = VND 7.1 million/month.

In case you borrow from the bank up to 70% maximum is about VND 700 million, monthly you will have to pay about VND 10 million both principal and interest.

VinCity apartment in District 9
Location of VinCity apartment project in District 9

~~>>Read more information about the real estate news here: Vietnam real estate news

Thus, the remaining amount after the bank payment falls between VND 10 – 13 million (for the income of VND 20 million/month); VND 5-8 million (for the income of VND 15 million / month). It still makes sure to spend for the young family in a thrifty condition. In addition, at the VinCity project, Vingroup’s investor plans to provide customers with loans at interest rates ranging from 5% to 8% per year, it means that the payment will be down from VND 1-2 million/month. This is an ideal opportunity for customers want to buy VinCity apartments in District 9.

The reason you should buy the VinCity apartment in District 9 instead of buying other cheap apartments.

  • The VinCity project in District 9 has many advantages that very few cheap projects on the market have:
  • Constructed and developed by Vingroup, a leading investor in Vietnam, specializing in developing luxury real estates such as Vinhomes, Vinpearl and Vincom
  • Land fund to implement VinCity project in District 9 are considered as the clean land fund by investors.
  • VinCity project in District 9 has the convenient location, flexible connection to Sai Gon center as well as convenient transportation to come neighboring districts.
VinCity apartment in District 9
Although it is low-cost apartment project, VinCity project District 9 owns a 3-star quality internal utility system
  • Located right at the last station of metro line No.1, namely Ben Thanh – Suoi Tien, is expanding, extended to Dong Nai, so residents in VinCity project in District 9 easily move to District 1, District 2, Binh Thanh.
  • Green living environment, airy with two riversides: Dong Nai River and Tac River.
  • Owning a full utility system meets Vingroup standards.

With the price of only VND 700 million, VinCity apartment in District 9 is considered a 3-star quality project but the price is only for 1 star. Indeed, this price offers an opportunity for low and middle-income people in Ho Chi Minh City easier than ever.

Flexible and easy payment method, Vingroup and its partners, as well as the guarantor bank, are trying to create favorable conditions for you to easily buy apartments in VinCity project in District 9 in the most convenient way.

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