Attracting FDI Creates Space for Apartment Real Estate

Motivation to Raise Apartment Standards

Before the positive information about the exploitation of serviced apartments for rent, the representative of Colliers Vietnam said the occupancy rate of Grade A (high-end) and Grade B (mid-end) serviced apartments. in the city. HCM reached 91-92% thanks to the increase in the number of foreign experts coming to Vietnam. Meanwhile, according to a representative of Savills, accommodation demand was boosted earlier this year thanks to an increase in FDI inflows and the return of foreign workers.
Beside the city. Ho Chi Minh City, the industrial capital of Binh Duong is attracting millions of workers from many localities in the country and a group of experts and high-tech experts from other countries… is a locality favored by many real estate investors. to aim.

Binh Duong still has a lot of room for development for high-quality apartment products.
Binh Duong continues to be the bright spot of the country in terms of attracting foreign direct investment (FDI), ranking second in the country after Ho Chi Minh City. HCM. Up to now, the province has nearly 4,100 projects with a total registered capital of nearly 40 billion USD. In particular, in the first quarter of 2023, Binh Duong recorded a record registered capital in the field of real estate business, with a total investment of more than 468 million USD.
The participation of a group of foreign businesses with many large-scale projects has also contributed to enriching the segment, along with creativity in design as well as raising the standard of apartment products. At the same time, creating a competitive environment for domestic enterprises to develop and catch up with these standards.
As a result, not only brings to the market increasingly high quality products, but also orients and shapes a new lifestyle for residents in developing cities of Binh Duong such as: Thu Dau Mot, Di Di. An, Thuan An…

Not only Vietnamese, Foreigners also love Real Estate

In Vietnam, according to the survey results of Batdongsan website, out of 1,000 participants, 60% said the need to buy real estate for investment. In which, 87% of people who already own 3 or more properties want to buy more within the next 1 year, those who already own 1-2 properties, the need to continue buying accounts for 66-79%, respectively. Primary products in the price range of VND 2.5 – 5 billion attract a great deal of attention.
Besides, according to PropertyGuru Asia’s “Consumer Sentiment Survey”, 1 out of 3 Singaporeans will intend to buy property overseas within the next 2 years, of which the majority are developers. real estate investment. Besides Singapore, investors from Hong Kong, China, Taiwan and South Korea also have a high demand for apartments in industrial capitals such as Binh Duong, Dong Nai, Quang Ninh, Thai Nguyen…
For example, in Thu Dau Mot city, Binh Duong province, the Happy One Central project with 1,304 apartments has an absorption rate of foreigners reaching over 90% (out of 30% of total products). In which, buyers are mainly businessmen, experts and technicians from Hong Kong, China, Taiwan, Korea, Singapore, etc. living or working in Binh Duong.

Happy One Central has a foreign customer absorption rate of 90% out of 30% of its products
The reason, Happy One Central has a good absorption rate is due to its ability to meet the maximum demand for real living as well as high rental exploitation.
With an impressive design and pioneering facilities such as an aerial glass bridge at an altitude of more than 146m, an infinity pool…, Thu Dau Mot Happy One Central’s tallest apartment complex will be an ideal living space for many people. different residents. Not only that, with the high rate of FDI attraction, focusing on the development of transport and industrial infrastructure of Binh Duong, the potential for real estate development is also very large, in which fully-utilized apartments in the center mind will prevail.
In addition, the leading construction progress in Binh Duong is also giving Happy One Central an advantage that few projects have. Expected to top-up in early July 2023 and the rental price ranges from 15 to 20 million VND/two-bedroom apartment, investors can earn double profits from the property value and rental income.
In particular, preferential sales policies are being applied such as: gifts of at least 350 million VND, support of 0% interest for 36 months, 0.5% gift applied to Binh Duong residents … will help investors profit immediately upon making a decision.

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