In the context of real estate prices continuously increasing year by year, choosing small apartments is the solution for many households.
Apartments with an area of 40 - 50m2 with 1 - 2 bedrooms, priced from 1.5 - 2 billion VND are products chosen by many families.
Ms. Nguyen Thi Nhan, 30 years old (from Ha Nam ) said that she and her husband are both accountants of a small business in Dong Da district, Hanoi.
Married for nearly ten years, her two children are growing up every day, the 25m2 rented apartment including the loft for 4 people is becoming more and more cramped. Therefore, the couple decided to buy an apartment for the whole family to settle down.
After nearly ten years of working in Hanoi , Nhan and her husband have just saved up 1.5 billion VND. However, with this amount of money, it is very difficult to own an apartment over 65 square meters.
Small apartments attract customers. (Illustration photo).
Therefore, even though her family has 4 people, because she wanted a place to live, she decided to buy an apartment with an area of about 45 - 50 square meters.
" After many days of searching for an apartment to buy, my husband and I were very surprised when most of the apartments were priced above 2 billion VND. Only small apartments were priced below 2 billion VND. After careful calculation, we decided to buy a 45 m2 apartment for 1.45 billion VND. Although the apartment is a bit small, if we don't buy it now, it will be more difficult to buy it later, " said Ms. Nhan.
Not only looking to buy to live in, many investors also look to buy small apartments for investment.
Mr. Nguyen Kieu Thuat (Nam Tu Liem, Hanoi) said that the difficult economic situation makes it impossible for many households to pay large sums of money for rent. However, they still want to have a spacious and clean place to live. Therefore, small apartments are the most suitable choice.
According to Mr. Thuat, if renting an apartment of 80 - 90 m2, each tenant will have to pay 10 - 12 million/month, but with an apartment of only 40 - 45 m2, the rental price will only be 5 - 6 million VND/month.
Not only is the price reasonable, the small apartment segment is also attractive because there are many single customers who want to live alone, so these apartments have a very high demand.
" In terms of investment, with a budget of only 1.5 - 2 billion VND for an apartment, renting for 5 - 6 million VND/month, this is an attractive segment, attracting many investors, especially investors with little capital, " said Mr. Thuat.
A representative of a unit specializing in distributing small apartments also affirmed that the biggest advantage of small apartments is the affordable price, suitable for the financial packages of many groups.
Not only that, with high liquidity, these are also products sought after by investors for the purpose of leasing which has never cooled down in bustling cities or buying and selling to enjoy the difference.
A recent study on homebuyer psychology and behavior by the Dat Xanh Services Institute of Economic, Financial and Real Estate Research (DXS-FERI) shows that homebuyers are interested in and aim to reduce the amount of money they spend on an apartment to the lowest possible level. Up to 78% of buyers are interested in the total price of the apartment, while 22% are interested in the price per square meter of the apartment they intend to buy.
Economist, Dr. Dinh The Hien also said that the total investment for small apartments is less. However, this type of apartment is easier to rent and generates profits quickly, so it attracts investors.
Meanwhile, Mr. Nguyen The Diep - Vice President of Hanoi Real Estate Club - commented that the rental price of large apartments is often higher than people's income, so there are few choices.
Meanwhile, the rental price of small apartments is moderate, 25-35% lower than that of large apartments, so it is popular. This is also the reason why many investors are hunting to buy and rent to make a profit.
In addition, according to experts, the minimum area for apartments is 45 square meters, stipulated in the Housing Law of 2005. After a period when the market was thirsty for affordable apartments, the minimum area for apartments was reduced to 25 square meters in 2020.
However, the project must ensure that the proportion of apartments with an area of less than 45m2 does not exceed 25% of the total number of apartments in the project. Therefore, the number of these apartments is not much, so they are always "hot" apartments in the market.
The Ministry of Construction also determined that the demand for small-sized housing is real and has the effect of stimulating demand for the market. The construction of small-sized apartments should be carried out from the perspective of solving housing for people with real needs rather than creating housing for ownership.
Chau Anh
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