Positive signal
After a long period of "waiting" for the market, since the beginning of 2024, many real estate businesses have been more active in introducing products to the market to attract investors and customers with real housing needs.
According to batdongsan.com data, the real estate market in early 2024 has shown positive signs in terms of interest and number of listings from real estate buyers.
Batdongsan.com's survey shows that the demand for searching for real estate for sale nationwide in January 1 increased by 2024% compared to the same period in 66, and the number of real estate listings also increased by 2023%.
According to the research of Reporter, from late 2023 to early 2024, many banks will begin implementing credit lending policies for customers investing in real estate. Loan interest rates are also continuously decreasing, which makes many people start to become more bold in borrowing to buy houses and borrowing to invest.
Currently, investors are focusing on developing real estate projects with full legality.
Some investors in Ho Chi Minh City such as Gamuda Land; Dien Phuc Thanh; Rio Land; Hung Thinh Group; Khang Dien House Company... is also preparing to launch products to the market for sale.
In the satellite areas of neighboring provinces such as Binh Duong and Dong Nai, Nam Long Group; Bcons Group; Phu Dong Group; Kim Oanh... continues to launch hundreds of new apartments and focuses on selling products under construction.
Some investors said that in just January 1, there were thousands of visitors visiting the model house and registering directly to visit the project progress. This is considered one of the positive moves of the market when the number of customers interested in learning about real estate gradually heats up again.
Mr. Le Van Hung, Director of Nam Phat Real Estate Construction Joint Stock Company, said: "In 2023, the real estate market seems to stand still, all brokerage and real estate trading activities will be seriously affected. . Customers have almost no need to learn about buying and selling real estate products. However, since the beginning of 2024, the market has gradually shown positive signs, especially focused segments such as land and apartments."
Real estate is very easy to reverse
Mr. Nguyen Quoc Anh, Deputy General Director of batdongsan.com also assessed that the Vietnamese real estate market will enter a period of prosperity from the second quarter to the fourth quarter of 2.
This person also expects that the period 2024 will be a stepping stone to recognize the return of economic development, the amount of money invested in real estate will increase to attract more other industries to develop.
Sharing the same opinion, Mr. Ha Van Thien, Deputy General Director of Tran Anh Group also commented: "Currently, when businesses' finances and investment environment are improved, monetary policies and legal policies focus on If we focus on supporting businesses, the economic market in general and the real estate industry in particular will also recover."
Giving advice on whether to buy a house at this time, Mr. Thien said: "Currently, there has been a lot of positive information on the market such as credit and policies from state agencies. In particular, new real estate projects brought to the market are very meticulous in the legal process, this is one of the strong points that helps home buyers feel more secure.
In particular, currently real estate prices are low, investors almost sell at stable prices, no longer seeing sky-high prices. Speculators have leveled off while those with real housing needs are always increasing. If you choose, this is a good time to buy a house and find a suitable product, especially with full legality."
Many experts in the real estate field believe that the current time is an opportunity for people with real housing needs to access real estate.
Mr. Ngo Quang Phu, General Director of Phu Dong Group said: "The real estate market in 2024 will not be a booming market and have too many strong development marks like previous years. At the present time, only housing products that are fully legal and complete can be trusted by customers and this is what many investors are focusing on. New projects are very thorough in the legal process."
Sharing about whether this is the time to buy a house, Mr. Ngo Quang Phuc commented: "Real estate is a profession that is very easy to reverse, that is, a real estate product is initially bought at a low price but when the market If it gets better, the price of this product will immediately increase. This is a very special thing about the real estate field. Currently, house prices are set very closely by investors, businesses are willing to reduce profits to sell products, this shows that this is the right time for people with real housing needs to buy houses."
“Currently, real estate products closely follow reality, housing needs, purchase price needs and target audience. Meanwhile, financial support policies are also aimed at home buyers such as interest rate grace, house payment... a series of policies are launched to stimulate buyers, which in the past were limited policies. The above is rarely applied.
Every year prices escalate and real estate will certainly increase over time, the story of house prices falling to low levels is definitely not the case. Therefore, people with real housing needs should research and choose for themselves suitable and fully legal real estate products at the above time. I am sure that in addition to owning real estate, in the future the product itself will also be profitable," said General Director of Phu Dong Group.
