A rare opportunity to own a highly profitable investment product in the heart of Vinh City.
The last Vincom Shophouse Diamond Legacy units are waiting for investors with the opportunity to double profits as soon as they put down their money, catching the lead in a new growth cycle of the real estate market.
Low-rise properties in Vinh are selling out fast.
Despite being the socio -economic hub of Central Vietnam, the real estate market in Vinh City has yet to fully realize its potential. Currently, the city still has significant room for development due to the lack of well-planned, high-end urban areas with comprehensive amenities. In particular, the supply of new low-rise housing remains very scarce.
This situation has pushed up land prices in the city center. On major roads with convenient transportation, land prices range from 120 to 150 million VND/m2 but there are very few transactions. The reason is that the land fund is limited, most of which have been occupied or rented out stably.
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| Low-rise housing products in urban areas are scarce in Vinh City. |
Amidst the scarcity of low-rise products, the presence of Vincom Shophouse Diamond Legacy in the center of Vinh City has satisfied the thirst of investors. With a limited quantity of only 61 shophouses, most of the products have been sold out, only a few products are waiting for their owners.
Mr. Le Van Thong, a real estate sales specialist in charge of the Central market, said that low-rise products developed by reputable investors such as Vinhomes projects often sell out very quickly, because they are rare in the Nghe An market today.
“Products like Vincom Shophouse Diamond Legacy often sell out because they are part of a well-planned project, with major investors focusing on developing utilities and solid legal status, creating high-value products that meet many needs and are very popular with investors,” said Mr. Thong.
Mr. Thong predicts that in the near future, there will be fewer units available for purchase at Vincom Shophouse Diamond Legacy, which will further drive up the price of the product.
Compounding Profit Potential
Many experts also assess that investing in low-rise products such as Vincom Shophouse Diamond Legacy during this period is a good opportunity to anticipate a new growth period of the market.
According to PropertyGuru Vietnam, interest in real estate is currently trending upwards. Specifically, interest in land is projected to increase by 49% in Q3 2024 compared to the same period in 2023, while interest in detached houses is expected to rise by 25%, and apartments and villas by 24% and 22% respectively. In their survey, 72% of real estate agents believe that the current real estate market is showing more positive signs.
The positive development of the market stems from three amended laws related to real estate that came into effect on August 1st: the Land Law, the Housing Law, and the Real Estate Business Law. Once implemented, these new laws will contribute to greater transparency and a cleaner market. As a result, high-quality products with clear legal status will gain an advantage. This is also one of the reasons why Vincom Shophouse Diamond Legacy is always sought after by investors.
The 61 shophouses at Vincom Shophouse Diamond Legacy are located in the heart of Vinh City's most upscale commercial, shopping, and entertainment district. Situated on Quang Trung Street, the project is close to key city institutions such as the administrative center, Vinh train station, Vinh market, and Vinh University. This prime location gives the property a significant advantage for residents, as they benefit from the well-developed transportation infrastructure and vibrant lifestyle of the area.
In addition to the residential advantages, Vincom Shophouse Diamond Legacy also brings attractive business and profit opportunities to the owner thanks to the strategic vision of the investor when developing a unique "2 in 1" shophouse model, both for living and business.
Designed with 3 floors and luxurious architecture, the shophouses are the perfect space for all types of services from cuisine, fashion to office rental or dividing each floor to cooperate and develop according to a symbiotic model.
Furthermore, these shophouses benefit from the vibrant atmosphere and potential customer base from the 35-story Sheraton Hotel (the tallest in Nghe An), Vincom Shopping Center, and Vinh Lotus Tower within the project's premises. This complex will become the most upscale commercial, shopping, and entertainment hub in Vinh City, attracting a huge influx of local and surrounding visitors, offering immediate profit potential for investors.
In addition, the townhouses here are completed and ready for handover. Buyers can immediately see their house in shape, located in an existing high-end area and ready for exploitation.
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| The shophouses have been completed and are ready for handover to customers. |
Investors believe that Vincom Shophouse Diamond Legacy's central location in Vinh City and its limited product collection are key factors contributing to its high potential for future value appreciation. Therefore, as the end of the year approaches, investors from all over are flocking to Vinh to seize the opportunity to own a product that offers double returns. This product generates unlimited income from business operations and rentals, while also serving as a valuable legacy asset for future generations.
Source: https://baodautu.vn/batdongsan/co-hoi-hiem-co-so-huu-san-pham-dau-tu-sieu-loi-nhuan-giua-thanh-vinh-d226066.html
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