Behaviors of home buyers today have changed compared to the previous time. In addition to price, environmental factors and the clear-traffic ability are preferred.
New trend in the market
Previously, real estate investors set a priority for projects located near the center, in the land of crowded gold. However, in the face of the traffic jam, environmental pollution, rising prices, this trend has gradually changed. At present, the projects located in the coastal areas associated with rivers are becoming a bright spot to attract buyers.
Riverside property is first priority because of the “water” factor. According to the concept of Feng Shui in the East, the front door is the water that means the house is blessed because water is a symbol of happiness.
If the two sides have rivers and form of the envelope, it will create good air, family as well as the children of many blessings. Accordingly, the direction of the land greatly affects the business and home life of the landlord.
Mr. Huu Nam, residing in District 3, Ho Chi Minh City, is in the need of buying houses that the selection of a beautiful house, a good surrounding area is more important than the design, architecture of a house.
“A directional land is not good that can make the landlord failed to do business, family unhappy, etc”, Nam stressed.
However, owning a real estate property along the river with a beautiful location is not easy for anyone because the amount is limited. Especially, the products meet all the typical elements of the trend of modern life such as landscape, environment, climate, location, full of advanced utilities always in the state of “out of stock”.
To explain this, a real estate expert said that the needs of the upper class, businessmen in the riverside apartment are increasing strongly. Because of the stressful life in the inner city, the need for a peaceful and clean environment, full of high-quality services for life balance and renewable energy is a necessary demand. Besides, the owning villas or expensive riverside apartments are also the affirmation of the highly social status of the host.
Many businesses enter the race
The projects have a water element pulled a series of real estate business investment in this product line. A series of real estate projects associated with the word “water” are sprouting up.
In Ho Chi Minh City, a series of projects associated with the river have been implemented in recent years such as River City (District 7), Saigon Royal, Icon 56, The Goldview (District 4), etc.
Recently, Saigon Thuong Tin Real Estate Joint Stock Company (Sacomreal) has announced the Jamona Home Resort project in Thu Duc District, Ho Chi Minh City. The project has an area of 9 hectares, 2 sides adjacent to the Vinh Binh River, designed in the style of European vacation villas. Of which, 65% of the project area is used for utility and green space.
Up to this point, 100% of the utilities have been completed, commissioned and used by residents. There are marinas, gyms, swimming pools, golf courses, tennis courts, café restaurants, convenience stores, etc. Especially, the central park of 3,000sq.m has been completely greened.
Owning these factors, immediately after the announcement, this project has caught the attention of investors. According to the owner, the Jamona Home Resort project has 30% of residents and about 20% of the apartments are being built to welcome their owners.
According to information from the investor, recently, a rich man in Ho Chi Minh City has spent a large sum of money to buy 24 plots of land at the same time. His plan is to build a high-class mansion and other facilities such as football pitches and mini-golf courses, to serve for holiday needs.
“It is truly a place of absolute relaxation, away from the hustle and bustle of the city, leaving the weary after hours to enjoy peace in the family home,” said one client of the project.
In addition to the Jamona Home Resort Project, another notable project in Vietnam is the BCR project in Truong Thanh Ward (District 9), which is owned by Vietnam Housing Joint Stock Company. The project is over 20 hectares, surrounded by the Tac River.
Although the investor is very careful, the project is located far from the city center and the general difficulties of the market are that caused by a frozen phase of the project.
However, according to Mr. Tran Van Thanh, Chairman of the Board of JSC Vietnam House, from early 2017 to now, the project has begun to attract the attention of investors and has many successful transactions.
In HCM City, the real estate trend along the river has spread to neighboring provinces. Of which Dong Nai Province having the advantage of many rivers has become the point of view of investors. Recently, after the project billion in Long Hung urban area by the investor Donacoop is launched the market many investors have been hunting land in this project.
According to the disclosure of a product distribution company of Long Hung Urban Area project, the biggest advantage of this project is to own 4,5 km of Dong Nai River, adjacent to District 9 (HCMC), along with the upcoming Highway No. 2 connecting the project to the Ho Chi Minh City-Long Thanh – Dau Giay Expressway. It attracted many investors who are investors in Ho Chi Minh City to buy, receive and catch the market trends.
Some industry experts say that as the real estate market is in a good stage of development, real estate projects are not just simple but also a place to enjoy life in harmony with nature. Therefore, it is not surprising that a number of riverfront projects has exploded over time.
However, because many businesses are developing riverfront projects, homebuyers will have more options, a wide variety of products. More importantly, when there is strong competition among developers, utilities of the projects will be pushed up, buyers will enjoy the great value from the project.
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