The most popular apartments are the two-bedroom apartments. But over the past few years, the term “three bedroom apartment” began to show signs of boom and surge. This shows the diversity of customer demand in the market.
Not only did the market respond to this demand, investors as well as real estate companies have been continuously launching 3-bedroom apartments. Let’s go to Realestatevietnam to find out why this segment is hot again!
According to the survey, although the mid-end market occupies a lot, the strongest growth is in the high-end segment with about 141%.
Duong Thuy Dung – Director of Market Survey CBRE Viet Na, said in HCM City the current supply of apartments is 211,442. Of which, the luxury and luxury segment has 95 projects, accounting for 30% of the total. The remaining is mid-end (37%) and low-end (31%).
Although the highest number of apartments is the high-end apartments, but the high-end apartments represent the market absorption quickly and best. Reports have shown that consumer trends are shifting to large, multi-bedroom flats. In particular, the three-bedroom apartment is the biggest concern of families today.
Ground floor fever signs are also one of the reasons that high-end apartments are more sought after. The fever started in the East with many abnormal signs, even rising to 70-100%. When it came to the south – the alleged counterpart of the East, land prices skyrocketed to 300% within 12 months.
What causes the market fever effect?
Market fever has a great impact on real estate in general and apartment segment 3 bedrooms in particular. The major factor is macroeconomic and infrastructure. As most residential real estate products are now in prime locations, convenient for transportation, … as well as being close to commercial centers, hospitals, schools, etc. has made these products become hotter than ever.
Apartments with an area of over 90m2 also occupy the market with over 60% transaction. This demonstrates the need to increase the living space of customers is also increasing. Combining the two elements of the comfort of the apartment and the demand for space has made it easy for customers to find three-bedroom apartments.
In addition, as the economy of most people is going up, it is the customers who will also think about spending more money on buying their homes. It is no wonder that a spacious apartment with 3 bedrooms, full facilities, prime location, … is favored.
Quickly head to the market
Understand the needs of customers right from the start of the fluctuations. Investors like Cityland have launched CityLand Park Hills in North Saigon with many 3 bedroom apartments. South Saigon is Sunrise River with 3 sides facing the river and prominent facilities. Also in district 4, the group almost “covered” the Ben Van Don route with the project series Tresor, RiverGate, Saigon Royal.
The Sun Avenue (District 2) – front Mai Chi Tho is also where customers come to want to own a 3 bedroom apartment. Located at the intersection of Phu Nhuan District – Tan Binh – Go Vap, adjacent to Tan Son Nhat Airport are projects such as Golden Mansion, Newton Residence, Kingston Residence, Orchard Parkview. These are great projects if anybody wants to find a 3 bedroom apartment.
Previously, when seeing sudden fluctuations from this segment, many experts from CBRE said they were concerned that rising demand with insufficient supply would reduce their ability to absorb in this segment. .
However, to date, with a series of projects launched and warmly welcomed by the customers, it is no longer a concern.
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