On some websites, there has been an article "Dizzy with Thu Duc apartment prices" referring to the price of apartments in the East Quarter which is "escalating" day by day since Thu Duc city was officially approved. establish.
Mr. Le Hoang Chau, Chairman of Ho Chi Minh City Real Estate Association also expressed concern about the housing market in Ho Chi Minh City, which is facing a serious supply-demand mismatch. The proportion of high-end housing supply is abundant and is owned mainly by secondary investors, while the market in the past 3 years has been lacking in affordable housing and low-priced commercial housing.
Masterise Homes Projects District 2 and District 9 in a prime location of Thu Duc City
At the recent discussion on the real estate market in 2021 held recently, Professor Dang Hung Vo, former Deputy Minister of Natural Resources and Environment, said that by the end of 2020, supply will show a decrease in demand, and real estate prices will decrease. real estate started to increase. In 2019 and 2020, due to many legal conflicts between laws related to the real estate market and many gaps in land law, the number of approved projects in HCMC has decreased by 10 times compared to previous years in 2019. In the next few years, supply will be severely short of demand, especially demand in the context of strong urbanization. Investors wait in line to increase prices, speculation may appear to push up into price fever and the risk of market bubbles is great.
A youth manager at Masterise Group confided: “We young people dream of having a house of their own, even though it's small, far away, but house prices are skyrocketing now, we don't know when our dream will ever be. come true…”
In the context of a very strong bull market, there are still some investors such as Masterise Group and some other long-standing corporations still keep prices quite friendly. For example, Masteri Center Point District 9 and Masteri Lumiere Riverside District 2, two projects owning a diamond location right in front of the largest park on the Highway Hanoi District 2 and In Vinhomes urban area District 9, connected by pedestrian bridge directly to Metro Station No. 10, opposite the Long Life area is the main center of Thu Duc City, such as Dong Khoi area in District 1 of Saigon, Singapore standard design and very good legal, Ricons General Contractor, Apave Supervisor (France) and many other famous names. Not only that, Metro Star is located at the largest roundabout on Hanoi Highway - the most beautiful avenue of the east of Saigon, with a very crowded and busy residential area. Metro Star is also a connection point with Ring 2 via Pham Van Dong and Mai Chi Tho, even in the two projects there are 100 special utilities and a shopping street in Myeongdong style, Seoul.
Mr. Hong Anh – investor in District 1 shared: “Masterise Homes in District 2 and District 9 is a place worth investing because inheriting a prime location directly connected to Metro Station, the investor's price is very attractive. , a lot of upside potential.”
According to the investor's information, Masterise Homes in District 2 and District 9 will be supported by banks to lend up to 70%, the Investor will support interest rates until they receive the house from the opening date and the principal loan grace period until the date of opening. upon receiving the house.
Besides the investors who still apply the friendly price policy, it is always necessary to have the active participation of the state management agencies to control the price level and the harmonious balance between types of real estate products. property for the common interests of the community and the development of human resources.
Positive highlights such as the Masterise Homes line are always supported by the user community as well as investors.
The outstanding project of Masterise Homes in early 2021 in the Center of Ho Chi Minh City is named: Grand Marina Saigon
See more at: https://masterisesaigon.com/