Amidst the scarcity of apartment supply and escalating prices in Ho Chi Minh City, The Felix has become a top choice, meeting the requirements that Saigon residents are looking for.
Distance is no longer a priority.
Ho Chi Minh City is a destination for a large number of young, highly skilled workers from many provinces and cities across the country. According to a Savills report , with a population of over 10 million, Ho Chi Minh City has approximately 55% of its population in the youth age group, and 30% of them have a need to buy a house.
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| Young people tend to choose apartments that offer good connectivity and are affordably priced. |
Although this is a potential market, the supply in this segment is currently limited. According to a CBRE report, in the first six months of 2024, the supply of new apartments offered for sale was only 1,676 units, of which 57% were high-end apartments. It is predicted that by 2026, the supply of apartments will become even scarcer, and the majority will still be concentrated in the high-end segment with prices ranging from 60 to 120 million VND/m2.
Furthermore, prices remain high, with the average apartment price in Ho Chi Minh City recorded at 63 million VND/m2. This price is insufficient to meet the needs of the majority of young families in Saigon. Without financial support from family, at this price, young people need an income of 30-45 million VND/month to save up and take out a bank loan to buy a house.
At the same time, the cost of living in Ho Chi Minh City is constantly increasing while incomes are not keeping pace. This makes owning a suitable home in terms of location, size, and price increasingly difficult.
To make owning their first home easier, young customers tend to choose satellite cities of Ho Chi Minh City to find affordable apartments. With this option, young families only need a total income of 20-30 million VND to own an apartment. This is an income level that many young people can currently afford.
This group of customers typically doesn't prioritize factors like distance; instead, they favor projects with convenient transportation connections, such as ring roads or highways, complete amenities to meet their needs, and especially those with prices that fit their budget.
Projects in suburban areas outside of Ho Chi Minh City, but with faster commute times to the city center or to work in Ho Chi Minh City compared to some projects within the city, will be the destination of choice for young people in Saigon.
For example, The Felix by developer C-Holdings, recently launched on the market, is priced at just over 30 million VND/m2. Although located in Thuan An, the project is only about 30 minutes away from District 1, Ho Chi Minh City, offering better connectivity than some projects in Thu Duc City.
An apartment that brings "Good Fortune" and "Peaceful Living".
Sharing about the project's connectivity, the developer C-Holdings stated: “Located near key transportation routes such as National Highway 13 and Provincial Road 743, The Felix offers quick access to major roads leading to Ho Chi Minh City, Di An City, Thu Dau Mot City, and neighboring provinces and cities. In particular, The Felix is also close to the Ho Chi Minh City – Thu Dau Mot – Chon Thanh expressway and Ring Road 2. Once Ring Road 2 is completed, residents of The Felix will only need about 10-30 minutes to connect to the city center and inner districts of Ho Chi Minh City, allowing them to commute to work in Ho Chi Minh City in the morning and return to Thuan An in the evening.”
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| The gym on the 21st floor has a modern design. |
Not only does The Felix boast a convenient location with excellent connectivity, but it also offers a range of high-end amenities. Thanks to its advantageous location with easy access to major transportation routes, residents of The Felix have convenient access to upscale external amenities such as: Aeon Mall, Lotte Mart, Vincom Shopping Center, Becamex International Hospital, Song Be Golf Course, etc.
In particular, dedicating 65% of the land area to community amenities and services, 68 amenities distributed across the 1st, 5th, and 21st floors of The Felix are designed to optimally serve the needs of future residents for comfortable living and healthcare.
With a 360-degree aerial view overlooking the lush green landscape of Song Be Golf Course, the sports and fitness area will inspire exercisers, helping residents develop a habit of daily physical activity to improve their health.
In addition, the playground and climbing area will be a paradise for young children, where parents can easily find fun games that suit their children's interests and development. Children can play safely, while parents can still work or read in the adjacent reading and work areas.
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| The yoga studio offers breathtaking panoramic views from above. |
The Felix also scores points with its high-quality handover standards, meeting the requirements of luxury apartments. Interior furnishings come from leading global brands such as KONE elevators from Finland; Hafele kitchen appliances with cabinets built to the ceiling for high aesthetic appeal; Schneider electrical equipment from France; and INAX sanitary ware using AQUA CERAMIC technology, featuring one-piece toilets with a luxurious and modern design.
Despite boasting high-end amenities and handover quality, The Felix surprises with its projected selling price starting from only 1.48 billion VND per unit. Furthermore, The Felix offers incredibly attractive incentives. Accordingly, only a 148 million VND (10%) down payment is required to officially sign the contract and become the owner of an apartment, suitable for the income of most customers. Additionally, customers can benefit from bank loans up to 70% of the apartment value, with 0% interest and a 24-month grace period on principal repayment.
As can be seen, with its advantageous location, convenient amenities, and high-quality handover standards for luxury apartments, along with a reasonable selling price, The Felix is the choice for young Saigon residents seeking a high-end, easily accessible place to live that is still within their limited savings.
The Felix is the third project officially launched by developer C-Holdings, following the success of C-SkyView and The Maison. The Felix is a 40-story building with 1,206 apartments, located in the heart of Thuan An City, with expected prices starting from just 1.48 billion VND per unit.
Find out more information about the project at:
Website: www.thefelixthuanan.vn
Hotline: 1900 2663
Source: https://baodautu.vn/batdongsan/the-felix-can-ho-danh-cho-nguoi-sai-gon-d220170.html
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