Accordingly, customers are supported with 0% interest rate for 40 months, of which 28 months and 10 taels of gold are deducted directly from the contract, worth 860 million VND; 12 months the investor pays interest at 12% interest rate to the bank, worth nearly 278 million VND. Thus, the owner of The Diamond City immediately "profits" 1.137 billion VND at the time of purchase.
Instead of depositing money in the bank, Mr. Khang - a customer decided to invest in a townhouse in The Diamond City of Thang Loi Group in Duc Hoa, Long An . The reason he chose the product is not only because of its "golden" location, about 30 minutes drive from Ho Chi Minh City, but also because the project has synchronous infrastructure, especially at this stage, it is applying very good policies. "You only need to pay 990 million VND to own a townhouse in the belt. TP Bank supports a loan of 70%, and the investor supports a 0% interest rate for 40 months, so it is very beneficial for cash flow when buying the product" .
“This helps me save a large amount of money for my other investment portfolios, estimated at VND1,137 billion,” Mr. Khang added. Photo source: Thang Loi Group.
Many experts say that while most projects in the current phase, investors only support interest rates for a maximum of 12-18 months; however, with The Diamond City, it is up to 40 months, of which 28 months are deducted from the contract and 12 months the investor directly pays interest to customers. In particular, customers also have a grace period of 18 months for principal, meaning that for 1.5 years, customers will not need to pay interest and principal when borrowing to buy a house. Therefore, customers will reduce the financial burden when buying a house and have enough time to prepare cash flow.
The Diamond City construction project is being accelerated to ensure delivery as committed to customers. Photo source: Thang Loi Group.
Thus, with the attractive advantages in this policy, instead of buying a house at a price of 4.1 billion VND/unit, customers will be able to buy it at a preferential price of 3.3 billion VND/unit, "generating" a profit of nearly 1.2 billion VND right at the time of purchase. In fact, the introduction of a "huge" policy is a "strong" decision of the investor because it also depends on the financial potential of the unit. This is considered a "strong catalyst" to help increase market liquidity at the present time.
In addition to the 0% interest rate support policy, the project also has many other policies for customers to choose according to their needs when purchasing products. Typically, when customers choose the fast payment method, they will immediately receive a 36% discount for townhouses and 30% for land.
In particular, when buying a house with complete interior, customers can combine with Thang Loi Group to use the "buy a house and receive income" package - a package with a rental commitment for 36 months with a rental price of 12 million VND/month. It is estimated that each year, customers will earn 144 million VND, after 36 months, the buyer will earn an equivalent of 432 million VND.
The project is located in the future city of Duc Hoa, Ben Luc, adjacent to the 5 largest industrial clusters in Long An: Idico, Viet Phap, Thinh Phat, Tan Duc, Hai Son, Phu An Thanh with a huge demand for housing rental from experts and workers. The advantage of this commitment package helps customers optimize the use of capital, or want to accumulate assets for their children to exploit in the future, or create passive income when retiring.
A $136 million factory in Phu An Thanh Industrial Park (Ben Luc District, Long An Province) is under construction, located just 10 minutes away from The Diamond City project, promising to attract many workers and intellectual experts in the future. Photo source: Thang Loi Group
Explaining the rental potential of The Diamond City, Mr. Tran The Anh - Deputy General Director of Sales of Thang Loi Group said: "Real estate in satellite cities near Ho Chi Minh City located in the "core" of industrial parks is not much left, so The Diamond City (Duc Hoa, Long An) is becoming a new 'target' for customers when it brings "double" advantages at the same time.
Accordingly, more and more multinational corporations are shifting their production activities to Vietnam. The Diamond City meets the rental/purchase needs of a large number of workers living and working in these industrial parks/clusters; at the same time, the project also benefits from the great growth momentum from the continuously invested and upgraded infrastructure. Thanks to that, the value as well as the potential for business exploitation/lease and the liquidity of the project will increase strongly .
In the context of the real estate market entering a period of strong purification, home buyers are increasingly cautious and strict, projects that ensure legality and construction progress such as The Diamond City are "bright spots" attracting customers. Recorded from reality until March 2023, the project is implementing pile foundation construction items, building rows of townhouses, shophouses to ensure the handover time as committed to customers. The Diamond City is currently fully legal, infrastructure, and 100% utilities, this will create a distinct competitive advantage for product buyers when they can receive the house in the shortest time to exploit for rent, bringing immediate profits.
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