Although the Covid-19 epidemic caused many difficulties for the market, it also brought opportunities for many real estate investors. In particular, in the field of high-end real estate, when the market is in short supply, projects shift towards attaching importance to quality over quantity.
New project area at the eastern gateway of the city. Ho Chi Minh is an example…
District 9 - An attractive real estate investment channel located at the eastern gateway of Saigon
As one of the three districts of Thu Duc new city, with the potential of urban infrastructure and traffic network being perfected, District 9 is being considered a potential land for real estate investors.
Real estate experts say that one of the levers that makes District 9 become the new core area of the city. Thu Duc, it is thanks to the planning policy and traffic infrastructure being promoted. VND 245,000 billion is a huge amount of infrastructure investment connecting to the East of Ho Chi Minh City. HCM. In which, the most prominent is the parallel highway Ho Chi Minh City - Long Thanh - Dau Giay, major roads such as Ring Road 2 are also expanded with 6 lanes to meet the city's huge traffic needs. city. In addition, Metro line 1 (Ben Thanh - Suoi Tien) is expected to go into operation by the end of 2021, which will quickly connect District 9 with central districts.
Besides, acting as part of the new "tripod" of the city. Thu Duc also caused the real estate value of District 9 to skyrocket, especially in the context of Ho Chi Minh City. Ho Chi Minh City is expanding towards the gateway to the East and the South, when the central land fund is almost exhausted. A CBRE study shows that: “According to the forecast from 2020 to 2025, the East area is still the key decision-making area for products, especially the apartment segment, including both high-end and luxury products. According to statistics from 2015, the East area has just over 55,000 apartments, accounting for about 34% of the total supply of the total supply of the real estate market in Ho Chi Minh City. By 2025, the supply of this area is forecasted to be about 200,000 units, accounting for about 44% of the total supply of the market.”
In particular, comparing the high-end real estate development relationship between the two largest markets in the country, if the Hanoi market has not shown many optimistic signals, the high-end real estate segment in Ho Chi Minh City will be the most expensive real estate market in the world. Ho Chi Minh City is "expensive" and is very well absorbed by the market. According to research data of Savills, it is expected that by September 2021, the whole city. More than 14,600 apartments in all 3 segments will enter the market in Ho Chi Minh City. Districts with a high rate of urbanization such as districts 2, 7 and 9 are still the most vibrant and potential, accounting for 44% of the market share.
The market is warming up again, for cautious investors with a long-term vision
Although the real estate market in Ho Chi Minh City Ho Chi Minh City is showing signs of improvement, especially in the East with District 9 as the center, but according to investors, it is still necessary to be cautious during this time. Although it has proven its value, the market is still in the process of verifying the construction and infrastructure development progress of Thu Duc new city. By the end of the first quarter of 2021, only 8 projects are eligible to be offered for sale on the market. In particular, the mid-end segment proved to have more advantages.
However, according to experts, it is the high-demand and strict quality markets such as high-end real estate that are really attractive investment opportunities. Rarely, the resonance with the infrastructure system of a new urban area will help high-end real estate projects quickly attract customers.
Among those projects, the most prominent is the Masteri Center Point project - a self-contained apartment complex (compound) developed by the real estate brand Masterise Homes - a giant in the field of high-end real estate development with a series of super projects have just hit the market like Grand Marina Saigon, One Central Saigon, Masteri Waterfront, Masteri West Height, Lumière Riverside..
With a scale of 10 towers including 2 subdivisions Riviera and Gardenia, Masteri Center Point owns a golden position when located in the heart of Grand Park, taking full advantage of the landscape and utility ecosystem of the metropolis. this.
A special feature is that the Building Management service of Masteri Center Point will be managed directly by Masterise Property Management. The company has international capabilities, providing services according to the most rigorous standards. During the period affected by the Covid-19 epidemic, Masterise Property Management, with many years of experience in building management, has prepared a guide for residents, regularly adjusted and updated, applying professionals at already operated projects such as Masteri Thao Dien, Masteri An Phu, Millennium... This is highly appreciated by residents and they feel completely secure in terms of health when living in projects developed by Masterise Homes. develop.
From many resonance factors, Masteri Center Point deserves to be considered as one of the typical high-end real estate projects at the eastern gateway of the city. Not only a world-class home, Masteri Center Point affirms a sophisticated lifestyle and worthy experiences, where residents can enjoy maximum living space with a closed ecosystem.
Project contact:
Hotline/Zalo: 0911 525 454
Website Masteri Center Point : https://masterisesaigon.com/masteri-centre-point/
