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Smart Home Buyers, There Is Out Of Time, Property ‘Crisis’?

Smart home buyers

After just one decade (2007-2017), investors have made great changes in all aspects according to the trend of intelligent, cautious and more selective.

It is still a “surfing” investment but compared to ten years ago, real estate investors now no longer enjoy the profit margin “terrible” during the super speed (by day, week). Instead, secondary entrepreneurs have to accept a “dry” capital of about one year or more to be able to exit. And if the profit is about 10% or more for the apartment segment has a good result.

This is one of the information presented at the seminar “Real Estate Investment Portfolio 2017” held in Ho Chi Minh City on October 5. According to Mr. Pham Lam, General Director of DKRA Vietnam, in the past 10 years, customers in this market have a large difference.

After a period of real estate fever in 2007, the market has been in orbit with many tight policies to avoid the recurrence of bubble risk while stimulating the market trend of stability.

Smart home buyers
Foreign investors have also been more active in the real estate market than before

The same purpose of investment (towards profit, long-term savings, preservation of value for money, income more stable, financial proof), but the effective support of information technology, the main Sales book of the investor and innovation, integration of the economy.

After just one decade (2007-2017), real estate investors have made great changes in all aspects according to the tendency of intelligent, cautious and more selective.

Lam further emphasized that investors are now more professional than before. If the customers in 2007 are only Vietnamese and overseas Vietnamese, so far, customers have been added to the list of foreigners.

In particular, foreign investors mainly come from China, Korea, Singapore, Europe and America. However, most foreign customers choose to buy the project of the owner of the name in the country or foreign investors.

Smart home buyers
Real estate investors have made great changes in all aspects according to the trend of intelligent, cautious and more choices.

In addition, with the understanding of the market and the evaluation of information from many sources, the investment psychology of customers now no longer chasing the crowd, easily fall into the “virtual fever”, the opposite, all investment information is carefully filtered and investigated, target investment has been made and carefully verified.

Looking back 10 years, investors tend to rush to find products to surf in the short term in a week to several months, now the investment period is stretched from medium to long-term (about One year or more).

“In addition,” paper-on-sale “projects or unplanned projects are not well-documented. Investing in real-estate planning means seeing, hearing, testing and verifying new decisions, “Lam said.

With the experience of secondary investors in the real estate sector has been raised, requiring investors also need to have more appropriate and innovative policies to adapt in time to the requirements of the smart investors.

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Smart Home Buyers, There Is Out Of Time, Property ‘Crisis’?
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