Central real estate still attracts customers
The real estate market in Quang Ninh in the first two quarters of the year has shown clear signs of improvement. According to a survey at some real estate floors, the number of transactions since the beginning of the year has increased by over 12% compared to the same period. The level of interest has increased sharply in central areas such as Ha Long, Van Don, Cam Pha, Mong Cai. In the buying and selling market, the level of interest has increased in all segments.
Mr. Nguyen Van Dinh, Vice President of Vietnam Real Estate Association, said that Quang Ninh is a locality with a strong real estate market development in recent times. Quang Ninh has a synchronous and systematic planning, with great potential for tourism development. "According to the planning, by 2030, Quang Ninh will have 7 cities including: Ha Long, Cam Pha, Uong Bi, Mong Cai - Hai Ha, Dong Trieu, Quang Yen, Van Don. This is the basis showing that Quang Ninh will still be a land with great potential for the development of the real estate market," Mr. Nguyen Van Dinh commented.
Quang Ninh is a province with the fastest tourism growth rate in the country. In 2024, the locality aims to welcome 17 million visitors, including 3 million international tourists, with total tourism revenue reaching over 39 trillion VND.
In the first 4 months of 2024, Quang Ninh welcomed 7,069,000 visitors (international visitors reached 1,555,000), up 19% over the same period in 2023, up 25% compared to the growth scenario. Total tourism revenue in 4 months is estimated at 14,500 billion VND, up 34% over the same period in 2023. This is one of the advantages of the Quang Ninh real estate market.
Increased demand in the secondary market
Real estate experts say that in the second half of 2024, the attractiveness of the Quang Ninh real estate market will increase. The real demand from owning a second home and exploiting for rent also contributes to promoting the cash flow into this market. Leading the entire Northern region, this market is thriving in all indicators.
In Ha Long City, a series of projects were launched simultaneously such as Grand Bay Halong Villas, ICON40; Lagoon Residences,... showing a visible "warming" of the real estate market, especially in the central area.
Not only in new projects, the secondary market also recorded an increase in searches because it can be exploited immediately. For example, apartments in Cai Dam Geleximco Urban Area. Although it has been in stable operation for many years, the demand in the secondary market for this project is still very large.
Cai Dam Geleximco Urban Area, is a project with a total area of 37.04 hectares, located right on the main road of Bai Chay tourist area (Ha Long). The project location is considered quite favorable with convenient connection to famous entertainment, resort and sightseeing spots of Ha Long such as Reu Island, Tuan Chau Tourist Wharf, Night Market, Entertainment Area, ...
The project is highly appreciated for its modern living standards with a diverse product system, accompanied by a rich chain of internal and external utilities, fresh green space, and complete infrastructure.
Not only is it a livable place, the apartments here are also very attractive to tenants, providing owners with a safe, sustainable cash flow and increasing value over time.
Bai Chay – the new urban center of Ha Long
Source: https://baodantoc.vn/bat-dong-san-quang-ninh-con-nhieu-du-dia-phat-trien-1730454329761.htm
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