Investment fever of VIC Grand Square expert standard apartments in the industrial core area
Vietnam is becoming an attractive investment destination thanks to the continuous inflow of FDI capital, leading to a rapid increase in the number of experts working in industrial parks across the country.
This has created an increasing demand for high-quality accommodation, especially apartments that meet professional standards - opening up an investment fever in professional rental apartments. In the context of scarce supply, professional standard apartment projects such as VIC Grand Square have become the focus of investment attraction in key industrial zones such as Phu Tho .
Investors prefer professional standard apartments
Recently, Ms. Tran Thu Huong ( Hanoi ) met with many real estate brokers to learn about apartment projects near key industrial parks. She focuses on 1-2 bedroom apartments, targeting the group of tenants who are experts and senior engineers working in industrial parks.
3D perspective and prime location of VIC Grand Square project |
“When I came to Phu Tho, I saw that Viet Tri city only had one high-end apartment project that met the standards for experts to rent, even though the area has 7 industrial parks,” said Ms. Huong. She shared that at the end of this month, when her savings deposit at the bank matures, she will withdraw it to invest in an Expert Home apartment at the VIC Grand Square project, right in the center of Viet Tri city.
“I have researched very carefully and found that the profit from renting an apartment here can be significantly higher than the bank interest rate,” said Ms. Huong. “Moreover, with a prime location, the apartment’s value will also have the potential to increase in the future.”
In the context of abundant FDI capital, according to Savills, some real estate segments have seen outstanding growth, including serviced apartments. In fact, Ms. Huong is just one of many investors who are shifting to buying apartment products for professionals because they see real demand from the market. However, due to the scarcity of supply, this market is becoming more and more vibrant, forming fevers in some places that are industrial core areas.
What are the factors to "surely win"?
Mr. Pham Thanh Nam, assistant to a Korean expert, is looking for information about apartments in Phu Tho to advise his superiors. Mr. Nam said that his superiors are foreigners and want to find a place with internal security and integrated rich amenities so that they do not have to travel outside much.
In fact, foreign experts have high requirements for apartment quality, location, professional management services, especially security, safety and other amenities. In the context of increasing demand for apartment rentals but limited supply, this segment is expected to continue to be a potential investment with attractive profitability. However, to attract tenants, investors need to meet their high living standards.
Thanks to its prime location and standard utility and service system, the VIC Grand Square project quickly attracted attention as soon as it was launched, becoming the top choice for investors and the elite.
The project is located right next to the 6-lane Hung Vuong Avenue - the main road of Viet Tri City - easily connecting to key locations such as large industrial parks, Noi Bai - Lao Cai highway and neighboring economic areas. Expert Home apartments here are also fully equipped with amenities and high-class furniture from leading brands from Europe. Along with that, utilities such as shopping centers, sky bridges, skybars, mini golf courses, etc. are also focused on development by the investor.
Moreover, with prices starting from just over 1.1 billion VND/apartment, VIC Grand Square is even more attractive to investors. Because compared to many other areas, especially in the center of large cities, to buy a similar apartment, investors may have to spend 3 times more but the rental price is only equivalent, due to the high level of competition in the market.
Investors interested in learning about the VIC Grand Square project |
With the goal of “sure win” investment, future growth potential is also an important factor that cannot be ignored. With the orientation of becoming a new industrial capital in the North, by 2030, Phu Tho aims to have 12 industrial parks with a total area of over 5,000 hectares. Of these, the province will invest in expanding 7 existing industrial parks and forming 5 new industrial parks.
Along with efforts to reform institutions and improve the business environment, FDI capital flows combined with increasingly complete infrastructure will have a positive impact on accommodation demand. This shows that the demand for professional apartments will continue to increase strongly in the future, promising attractive profits for projects such as VIC Grand Square.
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