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The Real Estate In The West Open For Sale

The first months of the year saw the real estate market gradually move to the West with a series of open sales. As the infrastructure is gradually improved, the land bank is large, a population is the main factor to help Saigon West having good liquidity.

Many projects open for sale

From the beginning of the year until now, if there is a Centana Thu Thiem project of Rio Land Real Estate Investment Joint Stock Company opening the sale of the last 50 units, Khang Dien’s Merita project sold 130 houses. In the West, a series of projects have opened successfully.

For example, on March 12, Dacin Company opened the third block of Vision 1 residential area. Previously, Dacin sold out two blocks 1A and 1B. This project was started in early 2016 with 1,980 apartments and 34 houses.

Vision Residential will be divided into three phases. In phase one will have four towers, providing 620 apartments. At present, these four buildings have been erected, are in the process of finishing the interior and are expected to be delivered by the end of the year.

Nguyen Nam Hien, General Director of Hung Thinh Land, said that after the sale in late 2016, Moonlight Park View project is very good liquidity. On an average week, 10 customers signed a contract to sell the apartment.

The real estate in the West open for sale
The Moonlight Park View project is under construction on the 7th floor and has good liquidity thanks to its prime location

Moonlight Park View owns a prime location adjacent to Aeon Mall Binh Tan, a modern, crowded, and well planned residential area.

Located at No 7 Street, An Lac Ward, Binh Tan District, the project is built on a land area of 7,648.6m2 with a construction density of only 35%. Moonlight Park View has 3 19-storey blocks with 38 office-tel offices, 34 commercial residences and 463 apartments.

Moonlight Park View is built with many amenities such as swimming pool, commercial service area, community living area, kindergarten … Currently, the project is under construction on the 7th floor.

Another project of Hung Thinh Corp is about to open for sale is Moonlight Boulevard. The prime location, convenient synch, competitive price, diverse type are the highlights of Moonlight Boulevard. This project is located in front of Kinh Duong Vuong Street in Binh Tan District.

Around the project is Aeon Mall, International City Hospital, Galaxy Kinh Duong Duong Vuong, BigC An Lac … According to the plan, Moonlight Boulevard is located along the axis of the Metro 3A. The project has the potential to add value in the future, according to CBRE, the price of land in areas 10 minutes from the train station is likely to increase by 10-20% compared to other areas.

The location is good but the owner offers cheap rates compared to the area. Accordingly, Moonlight Boulevard apartments cost only VND1.1 billion per unit. In order to reduce the financial pressure for buyers, Hung Thinh also cooperates with TPBank to provide loans to customers up to 70% of the contract value over a period of 15 years.

The real estate in the West open for sale
The Vision 1 Residential Area has newly opened its third block

Facilities and infrastructure, the Moonlight Boulevard is designed with a variety of designs. Apart from 656 apartments, the project also offers 54 office-tel offices and more than 50 commercial apartments, both for residential and office.

“Due to the price and reasonable pricing policy, Moonlight Boulevard apartments are the choice for young people or working people who have little or no cumulative dream of owning a home, office, business location. With modern space and utilities internal and external complete, “Hung Thinh representative said.

Heaven Riverview is also the project to create the fever in the West right from the booking. With a price of only 800 million dongs per unit, Heaven Riverview has become a project that customers expect. The project has a favorable location next to Vo Van Kiet Boulevard with two sides overlooking the river, cool. From here, residents only take 15 minutes to move to District 1 without having to face constant traffic According to representatives of Hung Thinh Corp, there are many factors for homebuyers to consider and evaluate a project, but the core is still 5 key points directly impact their decision to down their money. It is the location, prestige of the owner, price, connection infrastructure and utilities inside and outside the project.

“Moonlight Boulevard is located at the gateway between Ho Chi Minh City and Western provinces. Currently, most of the interior and exterior infrastructure surrounding the Moonlight Boulevard apartments have been upgraded and put into use. Kinh Duong Vuong Street has just completed a project to renovate the drainage system. Van Kiet expressway, HCMC – Trung Luong expressway is also put into operation, “Hung Thinh representative said.

Le Hoang Chau, Chairman of the HCM City Real Estate Association, said that many investors are turning to Saigon West to take advantage of the regional infrastructure system being upgraded. Property here is increasing day by day.

The advantages will be more pronounced when Ben Thanh – Tham Luong metro line 2, Binh Phu 6 metro line, connects 3A Ben Thanh metro station – Phu Lam turnaround and metro line 2 in Ba Queo finished.

In addition to the metro lines, HCM City is also preparing to commence the Ring Road 3, which will help to connect Saigon West with the urban districts of Binh Duong, Dong Nai and Long An.

“The rapidly changing infrastructure, full convenient utilities, convenient trading has turned the West into a bright spot that has attracted many real estate investors who are looking for new opportunities. Business and residential here, “Chau said.

According to real estate expert Tran Khanh Quang, the western area of Saigon has a large source of migrant workers, so the demand for home is very high. Unlike the South East market, Saigon West housing should only grow at 3 billion. This will make the West market a slower, more reliable, but more sustainable property, as it serves the real needs. jam.

Heaven Riverview is fully integrated with local amenities such as community living area, kindergarten, restaurant, coffee shop, gym, etc. The project is cheap but still be delivered complete with high-end equipment such as American Standard sanitary wares, Mitsubishi lifts, Panasonic electrical equipment …

Another project is affordable to meet the real needs of customers is KingSway Tower at 219, Road 5, Binh Hung Hoa Ward, Binh Tan district. The project is invested by Sieu Thanh Co., Ltd.

KingSway Tower has an area of 8,665 m2 comprising of three adjacent blocks of 20 storeys with a basement, four commercial floors and 16 storeys. The project has 496 apartments ranging in size from 52 to 71 sqm with a total design of 2 bedrooms.

The project has in-house facilities such as swimming pool, gym, community living … Expected, KingSway Towers will hand over in the first quarter of 2019.

Thanks to the infrastructure

According to representatives of Hung Thinh Corp, there are many factors for homebuyers to consider and evaluate a project, but the core is still 5 key points directly impact their decision to down their money. It is the location, prestige of the owner, price, connection infrastructure and utilities inside and outside the project.

The real estate in the West open for sale
Many investors are turning to Saigon West to take the opportunity when the regional infrastructure system is being upgraded.

“Moonlight Boulevard is located at the gateway between Ho Chi Minh City and Western provinces. Currently, most of the interior and exterior infrastructure surrounding the Moonlight Boulevard apartments have been upgraded and put into use. Kinh Duong Vuong Street has just completed a project to renovate the drainage system. Van Kiet expressway, HCMC – Trung Luong expressway is also put into operation, “Hung Thinh representative said.

Le Hoang Chau, Chairman of the HCM City Real Estate Association, said that many investors are turning to Saigon West to take advantage of the regional infrastructure system being upgraded. Property here is increasing day by day.

The advantages will be more pronounced when Ben Thanh – Tham Luong metro line 2, Binh Phu 6 metro line, connects 3A Ben Thanh metro station – Phu Lam turnaround and metro line 2 in Ba Queo finished.

In addition to the metro lines, HCM City is also preparing to commence the Ring Road 3, which will help to connect Saigon West with the urban districts of Binh Duong, Dong Nai and Long An.

“The rapidly changing infrastructure, full convenient utilities, convenient trading has turned the West into a bright spot that has attracted many real estate investors who are looking for new opportunities. Business and residential here, “Mr.Chau said.

According to real estate expert Tran Khanh Quang, the western area of Saigon has a large source of migrant workers, so the demand for home is very high. Unlike the South East market, Saigon West housing should only grow at VND3 billion. This will make the West market a slower, more reliable, but more sustainable property, as it serves the real needs.

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The Real Estate In The West Open For Sale
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