In fact, high-end real estate, especially in the central core area of Ho Chi Minh City, has recorded a high absorption rate and constantly increasing prices because currently the gold land fund in District 1 is not much and also did not have the opportunity to explore more because the surrounding are historical buildings, symbols of the city.
Ho Chi Minh City Center has more catalysts
Reporting on the situation of the real estate market in the first half of 2022 at the "Real Estate Forum 2022: Potential Lands" on the morning of August 16, Ms. Duong Thuy Dung, Senior Director of CBRE Vietnam said in In the first 6 months of 2022, apartment prices tend to increase.
“Primary apartment prices increased sharply due to the new supply concentrated in the mid- and high-end segments. In Hanoi, over the past 5 years, the average price increase has increased by 7%/year, while in HCMC it is 14%/year", said a CBRE representative, adding that the limited supply leads to an attractive price. consumption of real estate products is very high. In the Hanoi market, in the first half of this year, the number of sold apartments exceeded the new offering. In Ho Chi Minh City, the absorption rate has decreased slightly, but is still high, at 70-75%.
Ho Chi Minh City, especially District 1, is and will be the area with the most complete and modern transport infrastructure in Ho Chi Minh City. Thu Thiem 2 Bridge or modern Metro lines about to come into operation are the latest highlights. Metro Ben Thanh - Suoi Tien construction site on Le Loi Street (District 1) is paying the last pieces of ground after 8 years of construction, making the central landscape bright again. As the administrative and economic center of the largest city in the country, district 1's transport infrastructure will continue to be prioritized for investment to develop in a more modern, intelligent and synchronous direction.
According to the assessment of the Global Financial Centers Index (GFCI, 9-2021), Ho Chi Minh City topped the list of 10 potential centers to be considered for inclusion in the GFCI's official assessment list. On this journey, as the central district, District 1 will play a particularly important role, thereby creating more impetus to push the demand higher.
Real estate in this central area is therefore never "outdated", always sought after by domestic and international investors, people of the upper class.
The driving force for future value
One such sought-after project here is the Grand Marina, Saigon of Masterise Group. Located at golden land positions with two fronts of Ton Duc Thang - Nguyen Huu Canh streets, resonating with the development momentum of District 1 makes investors realize the potential to increase value in the future.
According to the latest report of Mordor Intelligence, Vietnam's luxury real estate segment is forecast to grow by 3% in the period from now to 2027. Luxury apartments are on the rise. Even Vietnam is considered as a hot spot with the regional luxury real estate market thanks to the push from economic growth and people's income. Rich people in the region such as Hong Kong, Taiwan (China), Thailand, Singapore are also flocking here because they see prices in an uptrend but still attractive and have more room to increase prices," the report said.
Comfortable living space at Grand Marina, Saigon.
The core area of District 1, due to its great support in terms of central location, strong influence on economy, lifestyle and infrastructure system, real estate projects such as Grand Marina, Saigon are currently located in District 1. However, it always has great attraction and maintains the upward momentum in the general trend of the City.
Around the Grand Marina project, Saigon already has a multi-functional network with a tight structure, from infrastructure, synchronous traffic, a system of administrative agencies and an ecosystem to meet all needs. entertainment, culture, commerce… ensure a comfortable and prosperous life. This is also a driving force for real estate values.
Along with that, the limitation and privileges also make Grand Marina, Saigon become the most interested, searched and traded project in the luxury apartment segment. Increasing demand over time helps both liquidity and value increase as a rule.
The project has now completed the basic construction of the Lake building, on schedule, helping investors feel secure to receive houses in the first quarter of 2023. The progress that is already important for projects is even more important for the project here, because every inch of land in the core area of District 1 like this every day on schedule is a day when investors feel more secure with their investment goals. his private.
To ensure even more profitable performance for the capital that customers trust, Masterise Homes also has unprecedented payment policies, profit commitments and privileges. Accordingly, the owner of Grand Marina, Saigon is committed to renting if they do not have a need to use it. Especially, owning super VIP services at Marriott International brand worldwide.
When privileges converge in a building
Referring to the Grand Marina, Saigon is a typical example of the location advantage in District 1, when it is located at two super-prime facades Ton Duc Thang - Nguyen Huu Canh, in the heart of Ho Chi Minh City. The project has almost no 'companion' because around there are already many works associated with the history - culture of the city: Ben Thanh market, Nha Rong wharf, Nguyen Hue walking square, public park, etc. 23/9 members, 5-star hotels are operating regularly, a chain of Grade A office towers, "Saigon Wall Street" ... With 2 facades, this place is naturally considered as a brand name in the real estate world. real estate, is one of the rare lands left right in the heart of District 1.
Grand Marina, Saigon is being constructed on schedule.
Taking advantage of the location of two "super prime" fronts at the central core of District 1, the project spends up to 70% of the construction area for an internal park and makes use of many other spaces to "green" it. campus, helping residents enjoy fresh air and improve health. In particular, complete 800m of Saigon riverside road.
Step inside, all apartments are elegantly and sophisticatedly designed, from the spacious bedroom to the luxurious kitchen island. The investor strongly equips security facilities when using advanced equipment, including a face recognition doorbell system (video door phone) at the building to control guests entering and leaving, ensuring safety. security.
Being the owner of an apartment in Grand Marina, Saigon also means being able to touch the top-class resort and entertainment services of Masterise Homes, a mainstay of Masterise Homes - a corporation that is very focused on developing. scale and class ecosystems.
To pamper the upper class, Grand Marina, Saigon design a 5-star international utility system Marritt International with an infinity swimming pool facing the city; luxury lobby; parking basements; international standard Marriott hotel with full facilities including restaurant, lounge, bar,,…; The podium is dedicated to the busy commercial center and shophouse…
Those living amenities make many people choose to buy for a long-term stay, thereby making the number of traders on the secondary market in the future forecast to be quite small while increasing demand over time also makes this property even stronger. lasting value.