Gen Z should buy a house as soon as they have the chance
According to Batdongsan.com's real estate trends report for early 2023, about 68% of respondents plan to buy a house within the next year, mainly people aged 22 to 40, belonging to the Gen Z generation (born between 1997 and 2012) and Millennials (1980 to 1997). However, according to many experts, the current income level of workers, especially young people, fresh out of school, makes it very difficult to save up to buy a house.
Mr. Nguyen Duc Hinh, director of a real estate consultancy in Hanoi , commented that currently a young person may have to spend 6-7 million VND per month to rent a house, this amount in 10 years is up to 800 million VND, while with only a small part of this, young people can pay into installment projects, after which the apartment will belong to them. Even if young people know how to make good use of policies from investors, their opportunity to save and make a profit is even greater, especially for those who are having to spend capital to start a business.
An example is the policy of "Buy a house for 8 years without worrying about interest" applied by the investor at ZR1 The Zurich building (Vinhomes Ocean Park 1). With this policy, buyers can choose to borrow 70% of the apartment value from the bank, with a 0% interest rate support from the time of signing the sales contract until receiving the house in 2025 and continue to receive 0% interest support for another 18 months. On the other hand, young people can also choose to receive the house in 2027 and receive 0% interest support until 2031.
This is the most attractive policy ever on the market when it brings the opportunity to own a luxury apartment in the new center of the East of the Capital. Young customers can rest assured to use their existing cash flow to invest, start a business, make a profit to pay off the value of the apartment according to the progress without the financial pressure of having to pay both principal and interest in a short time like previous policies, or worry about interest rate fluctuations.
Privileges of high-class Swiss living for Gen Z
Gen Z homebuyers often “buy” experiences, so in addition to policy and financial factors, a stylish and convenient living environment is an important factor attracting this group of young customers. Creating a unique lifestyle, the ZR1 tower at The Zurich is the perfect choice for young people to enjoy 365 days of vacation right at home.
Possessing a prime location at the entrance of Vinhomes Ocean Park 1 - "Central District" of the new "destination city" Ocean City, every detail in the internal area as well as the ZR1 building is inspired by the beautiful nature of Switzerland, allowing young people to live every moment to the fullest.
The “all-in-one” high-class utility system in the internal area as well as the entire metropolis satisfies all the needs of young people, from cuisine, shopping to entertainment,education , and healthcare. Young people also have the opportunity to enjoy hundreds of sports facilities from gym parks, sports fields, jogging tracks, and swimming pools to form an active lifestyle, improve physical and mental health, ...
Living at The Zurich, residents can comfortably camp, enjoy coffee, BBQ, listen to music or gather with friends, go boating, swim in the sea, creating a unique and individual lifestyle just a few steps away.
The ZR1 apartment fund also has a special advantage of outstanding price increase when located near the entrance of Vinhomes Ocean Park 1, next to Coral Lake, square, ... Resonating with the outstanding development of the "destination city" Ocean City, Mega Grand World Hanoi entertainment universe, ... and many other large-scale projects that will be put into operation in the near future, the ZR1 apartment line has created an "earthquake" right from its launch. Not only a classy home, The Zurich apartment is also an investment asset with outstanding price increase potential that young people should not ignore.
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