Investor VIC Grand Square launched a line of apartments in the rare segment from only 1,1 billion VND, with an attractive sales policy that investors cannot ignore.
Investor VIC Grand Square launched a line of apartments in the rare segment from only 1,1 billion VND, with an attractive sales policy that investors cannot ignore.
Policy to "activate" investors
Since the beginning of the year, it has been noted that real estate is still the channel with the highest investment yield. According to Savills's third quarter market report, apartment prices in Ha Noi increased by 6% quarter-on-quarter and 28% year-on-year, reaching VND69 million per square meter. Meanwhile, VNIndex, which reflects stock price fluctuations, ended the third quarter up 2% year-on-year, while savings interest rates were just above or below 12% per year.
Typically at the VIC Grand Square project (Viet Tri, Phu Tho), the investor is applying an extremely attractive sales policy for investors, with payment progress divided into 8 installments to help customers easily balance cash flow. Customers only need to pay 15% of the apartment value (less than 200 million VND for a studio apartment) to sign a sales contract. Customers who want to pay early will also receive a discount policy of up to 10% of the apartment value. Customers using financial leverage will be supported by the bank with a 0% interest rate loan within 20 months and a principal grace period for the first 12 months.
Overall 3D perspective of VIC Grand Square Viet Tri - Phu Tho project after completion |
Mr. Tran Thai Minh, an investor in Hanoi, shared the reason for deciding to buy 5 apartments at once at the VIC Grand Square project: “With a small initial investment, and being paid in many installments, it is easier for investors like me to decide to invest. In addition, taking advantage of reasonable loan capital is also a way to increase the profitability of the investment.”
Attractive investment problem
VIC Grand Square 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 - Noi Bai highway. Lao Cai and neighboring economic zones. This location offers outstanding traffic advantages, helping residents move quickly and conveniently to important areas inside and outside the province. Viet Tri is also the administrative, economic and cultural center of Phu Tho province with developed infrastructure and well-planned planning. According to the orientation to 2040, Viet Tri city will be the central city of the region, the most developed city in the Northwest of Hanoi capital. This will bring real estate projects here the potential for price increases, helping investors increase profits in the long term.
In addition, the stable income from rental apartments is also a factor attracting investors. Phu Tho has 7 large industrial parks and 28 industrial clusters, attracting nearly 14.000 highly skilled workers, foreign experts and nearly 5 young workers of the "golden generation" to work here. However, the high-end apartment segment for this group is still scarce.
In addition to the prime location, Expert Home apartments ensure rental potential thanks to the standards tailored for professionals and elite owners. The apartments are completed with high-end interiors from leading European brands along with amenities such as shopping malls, sky bridges, sky bars, mini golf courses, etc.
Expert Home luxury apartment interior with professional standards at VIC Grand Square |
Comparing the investment problem, we can see that an apartment in a potential area for experts to rent like VIC Grand Square can cost up to 13-15 million VND per month. In fact, senior experts working in Phu Tho are choosing accommodation such as renting apartments at top hotels around for 10-20 million VND/month, even some high-class service rooms at hotels can cost up to 30-45 million VND/month. However, these projects can only be counted on the fingers, unable to meet the demand from nearly 14.000 existing experts. This is also a temporary solution for experts because in reality, they need a better quality living space, integrated with enough utilities, services and served according to international standards.
The number of experts and senior engineers will even increase many times in the future, along with the need to develop industrial parks and industrial clusters to increase Phu Tho's investment attraction capacity. 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 which, the province will invest in expanding 7 existing industrial parks and forming 5 new industrial parks.
With a price of just over 1,1 billion VND/apartment, good liquidity due to high demand but still limited supply makes the rental market in Viet Tri more attractive than many other areas. For example, investors can now choose to buy an apartment in the West of Hanoi with a value 3 times higher than a similar apartment in VIC Grand Square but the rental price is only equivalent, or even lower.
Sources: https://baodautu.vn/batdongsan/dau-tu-can-ho-expert-home-chi-11-tycan-tai-vic-grand-square-d228530.html