Apartments 'reign' in residential choices

An apartment suitable for young families (photo taken at TNG Village Apartment, Thai Nguyen City).

Currently, in Thai Nguyen province, there are 13 apartment complexes that have been and are being implemented, meeting the increasing housing needs of the people. These projects are mainly distributed in the cities: Thai Nguyen, Pho Yen, Song Cong, including both commercial and social housing segments.

Ms. Chu Thi Tuyet, an office worker, moved to an apartment in TECCO Phu Lien apartment building (Thai Nguyen city) in 2018 and shared: I used to be very stressed because I couldn't afford to buy land in the inner city. Land prices are too high now, but in apartments, they support bank loans of up to 70-80% of the apartment value, simple procedures, preferential interest rates. I chose a 2-bedroom apartment, paid monthly installments almost equal to the previous rent, and had my own name on the house. After moving to the apartment, what satisfied me most was the civilized living environment, with an elevator and no worries about security.

Ms. Pham Thu Hong (34 years old), an office worker, is living in Tien Bo 1 apartment building: My husband and I both come from far away places. We don't want to have to return to either hometown to live long term, so we chose to buy an apartment in a central location to stabilize our lives. When buying the apartment, my husband and I borrowed capital from BIDV bank under the social housing support program under the 30,000 billion VND credit package, with a preferential interest rate of 5%/year.

It can be seen that young families are usually couples between the ages of 25 and 35, with 1-2 young children in the early stages of financial accumulation, so the need for affordable housing but still ensuring comfort and safety is very clear. Apartments are a suitable choice thanks to their lower prices compared to townhouses or land. In addition, young people can easily access preferential loan packages and flexible installment policies from banks or investors.

Gym at TNG Village Apartment.

Not only the price, what makes this housing model attractive is the diverse internal utility system from schools, supermarkets, hospitals to gyms, swimming pools, coffee shops, all close by, convenient for living and working. In addition, the synchronous planning factor, clean living environment, good security and the ability to convert the functions of the rooms depending on the development stage of the family are also big pluses.

According to Ms. Hue Minh, who works in real estate business in Thai Nguyen, the apartment market in Thai Nguyen currently has quite diverse prices: Currently, the price of apartments in Thai Nguyen is commonly from 1.2 to 1.8 billion VND/apartment. For beautiful apartments, open view locations or beautiful middle floors, the price can be up to more than 2 billion VND. Projects such as TECCO elite city, TNG Village, Thai Nguyen Tower currently have an average price of about 30 million VND/m², very suitable for young families looking for a place to live.

Perspective of Diamond Hill Hospital Project, Thai Nguyen.

In the near future, the market will welcome a new project that attracts a lot of attention: the Diamond Hill Thai Nguyen apartment project is expected to be introduced to the market in May or June. The project is located in a prime central location of the city, with a modern design and synchronous utilities. The expected price will fluctuate between 35 and 40 million VND/m2 in the mid-high segment, but worthy of the quality and location.

Mr. Nguyen Thanh Hung, architect, 102 Construction Architecture Consulting Company Limited, commented: Currently, apartment projects in Thai Nguyen are invested quite systematically, spread across many segments, suitable for urban planning and the actual needs of the people.

With the urbanization speed and modern development orientation of Thai Nguyen in the new era, the trend of choosing apartments will continue to grow strongly. This is not only an economic choice but also a civilized lifestyle, suitable for today's young generation. - Mr. Nguyen Thanh Hung

Apartments are contributing to changing the way young people think about “settling down”. In urban areas like Thai Nguyen, this is shaping a trend of urbanization with a high sense of community. The fact that young people choose to live in apartments shows a shift in thinking about ownership and consumption of living space. They no longer place emphasis on “having a house and land to be stable” but are more concerned with quality of life, social connection and flexibility. This is a positive sign in the urbanization process in satellite cities like Thai Nguyen.

Currently, Diamond Hill Thai Nguyen Hospital Project has completed 90% of bored pile volume and is implementing foundation construction.

In the coming time, the merger of Bac Kan province into Thai Nguyen will significantly expand the area and population of the province. In that context, Thai Nguyen, as the administrative, economic and educational center of the Northern midland and mountainous region, will hold a key position, becoming a trading hub and receiving a large number of people migrating from neighboring areas, especially officials, civil servants, students and technical workers. From here, an inevitable consequence is that the demand for housing in the city center will increase sharply.

In the context of limited urban land funds, modern apartment buildings have become the optimal choice for new groups of residents, especially young people, experts, and long-term employees thanks to their convenience, flexible ownership, and quick connection to surrounding utility systems.

Source: https://baothainguyen.vn/kinh-te/202505/chung-cu-len-ngoi-trong-lua-chon-an-cu-f172170/