If only considering the selling price, surely no customers will spend money to buy high-end and luxury real estate products in Vietnam.
"Price" are two words that are widely used on social networking platforms like Facebook in recent times. However, the real scandal has appeared in the period from 2017 to now when the high-end segment exploded.
So is it really stupid or not?
A representative of a real estate company operating in the East Ho Chi Minh City market shared: In recent times, I myself have distributed a project that has been criticized as the Mastersie Homes line of investor Masterise Group in District 1. , District 2 and District 9, HCMC.
Before the launch time, most customers shook their heads with the average selling price of 50 million/m2 of Mastersie Homes luxury apartments.
However, after officially allowing a tour of the actual house, the project almost became a luxury house fever in the East Ho Chi Minh area in the fourth quarter of 2020.
In terms of buyers in:
Mastersie Group too understands the wishes of customers when it has been very successful in high-end apartments in Ho Chi Minh City. At that time, the Mastersie Homes project was almost the only one with legal approval in three Districts 1, 2 and 9 to meet the needs of luxury living, but still blend in with nature, so it was immediately well received.
The price becomes reasonable when customers can see and touch the materials that make up the soul and quality of Mastersie Homes.
From the perspective of an investment buyer:
Mastersie Homes is clearly not suitable for short-term investment or simply for rent. However, for customers who are familiar with the Mastersie Group brand, even during the price spikes in Ho Chi Minh City, the customers who bought it doubled this property within 2-3 years.
Profit up to 25%/year is too good for luxury villa product line. And such a sharp increase in prices, in addition to the strong development of infrastructure in the East area of Ho Chi Minh City, the quality of houses, living environment, and international standard operating and management systems make a great contribution.
Many real estate groups believe that the Mastersie Homes project of the Mastersie Group will not be sold. However, the reality is completely opposite when there are many customers visiting and registering more than 90% of the first phase of the project. The negative comments at Mastersie Homes are also gradually replaced by very beautiful project comments, very classy projects…
Lots of customers visit the actual Mastersie Homes project every week
This is a very clear demonstration of whether the project is expensive or not, if only in terms of price, it is difficult to identify in the high-end and luxury segments.
With the experience of Masterise Group, projects in this segment only need to meet the common needs or desires of wealthy customers such as quality living environment, security, isolation, or luxury home design, For big brand furniture, the selling price will become a secondary factor when they decide to buy.