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Property market May 7/2014: Many projects open for sale, good liquidity

This is a common feature of the property market in the country. With psychological fears Ngau months (July lunar calendar), many apartments in Hanoi and HCMC are offering investors last month. However, the overall real estate market happenings stable in July compared with the previous 1-2 months. Trading volume focuses on apartments, ground worth around 1 billion. This is a common feature of the property market in the country.

In July in Hanoi and Ho Chi Minh City has many upcoming projects condominiums handover or handover period is offered to the market last apartments remaining.

Hanoi received a lot of commodity projects: apartments in buildings B4, B5 Green Star Project (Nhue), apartment Qh4 (Linh Dam), Apartment Project 89 Phung Hung (Ha Dong), CT Number One (Van Canh, Hoai Duc), apartment Duong Noi (Ha Dong), Bac Ha Tower (Nam Liem) ... Along with that, HCMC also recorded several projects such as apartments TDH - Phuoc Binh (district 9), Linh Trung apartment (Thu Duc District), Hung Bank Garden project is open to sell the block A2, Topaz Center project (Tan Phu district) ... The project launched in may with good liquidity, attracted the attention of visitors and guests ordering significantly.

HCMC: Transaction cheap apartment market leader

Mr. Doan Chi Thanh, general director of Hoang Anh Company Real Estate Saigon said, July is the month in which the apartment is still the market leader, the commercial housing projects consistent with price stability transactions and the the most important. Apartment market the best deals of the popular segment. Apartment segment moderately active, a large area of the base of transactions delayed due to market demand for this type of low apartment. The situation of the whole transaction market stability. Customers mainly towards apartment has an area 60-80m2, with prices of around 1 billion. As typical Hung Bank Garden Project, in July, this project has opened sales block 2 and more than 200 bookings.

Land deals in Ho Chi Minh City in July is somewhat stable and prosperous than in June, better selling price not much has changed. According to actual sales in the past month suggests purchasing land to build housing needs of the people remains high, good projects are still trading volume.

According to Tran Lam, general director of the company DKRA, after more than 2 weeks to market, 140 of the total 230 ground Rocket Residence project (Binh Tan District) was registered customers order, a numbers beyond expectations.

Commenting on the market helped cause the land, adjacent villas attract customers, Tran Lam said that the current downtown area HCM City, land in the secondary market was pretty much, in while the primary market are rare, buyers and investors are psychologically prefer new projects for low price and investor support legal, methods of payment ... Besides city ​​is completing the project key transport infrastructure, the face of the city will soon change in the future. These projects are located in prime location, benefiting from infrastructure development policy of the HCM City will continue to be sought-after commodities in the future. And the land market will continue active.

Meanwhile, in the provinces of Binh Duong, Nha Trang, Ba Ria - Vung Tau, Long An, ... are not active real estate market in Ho Chi Minh City. The transaction does not change much from the previous month, the market is still not out of trouble. The majority of transactions are done in June in the medium segment, the segment is still hard to find high-end output.

Da Nang: Land project segment continues to be the most interesting

According to Mr. Ha Laboratory, Branch Manager at Da Nang Batdongsan.com.vn, stable economic situation coupled with recent interest rate is low no cash flow savings trends, along with that, the loosening of mortgage credit generally by banks and potential buyers of condos for rent in Da Nang City in particular are the psychological factors that encourage and attract market the attention of the buyers for the apartment market in Da Nang City. It is clear that the project has made ​​competitive sales advantages that interested buyers. Most of the apartments sold during the quarter were affordable price.

On the land market, Danang has about 770 ground offered two new projects (Urban Yen Bac Son and Residential Green Lake) and from an existing project is Urban South Bridge Nguyen Tri Phuong, impressive sales rate achieved at the Green Lake project and Nguyen Tri Phuong Nam needs to 95-100% sell new ground was sold out after a short time.

In addition to these two projects, the market recorded sales activities for both bustling trading on the primary market and the secondary in urban projects Eco Xuan Hoa, Phuoc Ly urban area, urban area Golden Hill market, as well as projects in the area of Quang Nam Da Nang as bordering on the Green City, KDT Dien Nam Dien Ngoc ...

Other than the excitement of investing, extract products, promotional ... of project lands and apartments. Segment, tourism, resort no positive actions of investors as well as customer needs. Numerous projects have been allocated land and city licensing investments are frozen or promotion with very slow progress due to the economic downturn is still severely affected. Investors and Investment Trends windsurfing, long-term investment of the people, especially the customers from Hanoi and HCMC have not returned to this city. Most recently, after the events of Thien Thanh Group makes capital flows into the senior project Danang even more affected by this corporation are super great projects here.

Ha Noi: Cheap Apartments Trading slow, apartment improvement

In Hanoi, the market is more volatile than in June, the transaction is still concentrated in a small number of projects with reasonable prices and good progress. In July, the number of apartments in the project cheap to average 2-3 months before opening sale transaction was based off the small area with low prices. The market remaining flat prices up 1.5 billion transaction volume decreased. Projects such as Project Blue Diamond 69 Trieu Khuc (Thanh Xuan), 89 Phung Hung (Ha Dong) ... traded at normal and are showing signs of slowing down. Condo project at 103 Van Quan Institute (Ha Dong) also has sold nearly all, currently only about 40 apartments with large area.

Meanwhile, the apartment segment, transactions inched up. For example, Royal City project Time City and sold in July 20-30 basis, turnover increased slightly from 6 months Also, on the first day of July, apartment projects in Indochina Plaza Hanoi heated property market by selling high-end 8 units in just 3 days and is the ultimate in apartment projects the average price per unit over 6 billion. Besides, the apartment project as Star City Complex Le Van Luong and Cau Giay Discovery also received a good amount of transactions in July.

Transactions in apartment segment has a more positive developments by the current price of gold is lost, gloomy stock market, the South China Sea situation has been more stable, so many customers return to the property, a safe investment channel.

Overall, the successful transaction of the apartment segment in July in Hanoi focused on projects with reasonable price, fast contracting procedures, legal clarity, Red Book can immediately. By major buyers with real needs, so as to meet those needs, customers will be willing to cash immediately.

According to some experts and brokers with years of experience, the real estate market transactions in July of the lunar calendar (month Ngau) segment purchases will not be affected. Customer funds abstinence only groundbreaking, construction or moving house purchase rather less taboo. Besides, Ngau month is the month in which the company enhanced communication with primary preferential price, payments, promotions ... to stimulate demand. So expect the market to receive new gas sources is not too far away.

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