The experience of buying and selling houses is less than VND1 billion

If recently, high-end real estate sales are in danger of over supply, the market of buying apartments, land under VND1 billion is hot.

Cheap real estate attracts visitors

While the billion-dollar projects at the end of 2017 and the first half of 2018 are showing signs of “freezing” due to surplus, supply is exceeding demand, the transaction of townhouses, apartments and land prices are below VND 1 billion is very attractive. Only in the last 3 months of 2017, in Ho Chi Minh City, there are many housing projects offered for sale with the selling price of less than VND 1 billion continuously, “fire” and the success rate of the project has reached 95 %. Most of the customers are buying to live, many of them are workers, officials, office workers … those who have middle income.

In the year 2018 is expected to launch more land products, land

In the segment of real estate land sale, in HCM City in recent years there have been some units offering land with price from 16 million / m2 and more than 90% of products have made. successful transaction. It is expected that in 2018, many businesses will be launching thousands more products land, land to meet the diverse needs of customers. According to the record, the cheap land projects have been leading segment of the real estate market in HCM City today.

In the period from now to the end of 2020, the real estate market is expected to restructure and restructure the product in order to solve the supply-demand gap between supply and demand. high-grade real estate, resort property and moving into the segment of housing, affordable apartments – segments are in great demand and have high liquidity.

According to the investors, more than a year ago, in HCM City, apartments priced at over VND 1 billion are becoming scarce, while the land fund for project development is less and less. Therefore, the projects offered at prices from VND 16-18 million / sqm quickly meetting the needs of buyers to buy and they are an attractive choice for families with two or three generations living together.

The experience of buying and selling houses is less than VND1 billion

Should invest land in Thu Duc, District 9, Hoc Mon, Tan Phu.

Generally, investors who invest in real estate business often pay attention to three main factors: profit, safety and security. If you are interested in real estate, here are some experiences for investors who want to buy and sell real estate with a capital below VND1 billion:

– Invest in land in suburban areas or suburban districts such as Thu Duc, District 9, Tan Phu, Hoc Mon … land prices in areas away from the city center area of ​​50-70sqm. The current price ranges from VND 12 million / sqm. With land-based investment, profitability in the next 2 to 5 years is quite good, maybe even up to 20% in 2 years. Investors should invest land in these areas by now, when East and South Saigon are two places with rapid urbanization growth and promises to become hot spots in the land in the future.

Pre-built houses in areas far from the center only about VND1 billion

– Invest in townhouses in the fringes of the city. This method helps investors can “eat solid and wear durable” and can keep the real estate sector waiting for price increases in the future. Pre-built houses under VND1 billion in areas far from the center can be about 50-80sqm wide.

– Invest in real estate of small apartment, affordable price, can circulate with main roads such as metro, new avenue, etc. These types of apartments usually have an area of ​​about 45- 50sqm and the selling price is between VND15 million and VND16 million per square meter. This form is popular in District 9, District 12 or virtue.

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