Cheap real estate in HCMC is one of the trends that in 2018 is forecast to be extremely HOT. This is also a reasonable forecast based on the actual needs of many home buyers. So in 2018, cheap real estate is really the throne or not?
What are the real needs to buy a home?
Recently, a series of high-end, low-cost and high-end real estate projects are gaining a lot of attention. In the past, developers focused on the high end real estate segment in both HCMC and Hanoi. However, the demand for real estate as well as the land fund has not met enough so that the trend of real estate fluctuations in 2018.
Many people can not afford luxury apartments
Actually the income of the Vietnamese people is mainly low and medium income. So focusing on high-end real estate trends is not really potential anymore. And according to forecasts of the HCM Real Estate Association, in 2018, the real estate market will focus more deeply on the segment of cheap, popular.
You can see in the real estate news, the launch of real estate projects are now focused mainly on cheap segment, popular. The simple explanation for this is that the real need of the people is to find cheap homes, as well as purchasing power. HCMC real estate 2018 will not have much breakthrough in the high-end segment as in recent years.
The rationale for developing low-cost real estate in HCMC
With the real needs of people when interested in real estate products in HCMC, whether in 2018, real estate prices are really right to the throne or not? The answer has been proven in practice by a series of projects that have been launched by investors since late 2017.
A reasonable response to the needs of the people
There is no denying that the high-end segment of the real estate market once aroused the real estate market. However, any field, too, when the needs of buyers change, of course, sellers also need to update to meet. High-end segment of the real estate market is in a state of greater supply than demand. Meanwhile, the cheaper segment is demanding more than supply. Therefore, the move towards affordable real estate is considered reasonable in 2018.
A series of cheap real estate projects have been born
Taking advantage of cheap real estate in Ho Chi Minh City, a series of real estate projects have been born. It can be referred to as Vincity project District 9, Villa Park project … With these projects, you can completely choose the apartments and comments that fit the needs and conditions of the purchase.
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