Being considered as “golden goose” by the real estate investors, the foundation soil market in the South of Danang is increasing its attractiveness thanks to the favorable position, leverage from the planning, comparative advantages in price and potential for sustainable profitability.
The market is rich in potential
According to surveys in some ecological urban projects of prestigious investors, which is interested in from the customers and the investors in the South of Danang area, foundation land prices are ranging from 242 to 572 USD/ Sqm. The price is only about 1/10 of the price range of products in the same segment in Hanoi or Ho Chi Minh City. Especially, in the context of the depletion of a land fund in large cities, the product line of foundation land in the large-scale ecological urban of the “worth living city” has proved more and more attractive by the utility chain of 5-star accommodation, green spaces that are given maximum priority.
“Pair chopsticks, choose the flagpole”
Thanks to the urban space development strategy and the big levers of infrastructure, only in a short time, the real estate market in the South of Danang has become more exciting than ever. From Cam Le district, Ngu Hanh Son to Dien Ban town (Quang Nam province), a series of large-scale real estate projects have been formed to catch the big chance of profitability from the upcoming international events such as the APEC 2017 Summit or Da Nang International Fireworks Festival – DIFF 2017 and the high-quality lineup of millions of people will come.
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