The Land Law, Housing Law, and Real Estate Business Law take effect from August 1, 2024, and the market has witnessed a remarkable change in investment trends.
After the Land Law, Housing Law, and Real Estate Business Law took effect from August 1, 2024, the market witnessed a remarkable change in real estate investment trends. Investor appetite shifted to the real estate segment with available legal security. At the same time, the market also witnessed a "wave" shift from West to East.
Investors seek opportunities through projects with clear legal potential
Explaining this trend, long-time real estate investment experts say that investing in projects that are fully legal, completed, and ready for handover will bring the highest level of safety, the ability to transfer is also easy and can be exploited to help optimize capital resources.
From a financial perspective, consulting experts analyze that the market needs a certain amount of time to absorb the new law, but it is a good opportunity for investors to "jump the wave" immediately or invest long-term with the expectation of high profits.
Mr. Tuan Anh - who just invested in a 3-bedroom apartment with a clear view at the Eurowindow River Park project (Dong Anh) said: "Learning from the experience of investing in a project in Hoang Mai district in 2021, the project stopped for no reason in 2023, the capital was buried for nearly 3 years. This time, I invested in an available apartment to catch the "wave" of real estate in the East. If this apartment increases in price as expected, I will sell it immediately to make a profit, otherwise I will rent it out and wait for the right time".
Legally “clean” projects with potential for liquidity and profit are sought after as they both preserve capital and generate sustainable profits.
As a rare project in the Northeast that has been completed, Eurowindow River Park residents have settled in. The project has clear legal status, long-term ownership, fire prevention and fighting has been tested and only a few last units remain.
The project especially benefits from the capital's construction planning with the project of Dong Anh becoming a district at the end of 2023, the Tu Lien bridge project expected to be completed in 2025 as well as many other high-end real estate projects in the area to be implemented in 2024 will help increase real estate prices in the area.
Thanks to its prime location, Eurowindow River Park offers convenient unlimited traffic connections to the inner city and inter-regional areas. From Eurowindow River Park, residents only take 10 minutes to the inner city, 15 minutes to the old town, 20 minutes to Noi Bai International Airport and nearly 1 hour to new industrial centers such as Vinh Phuc, Bac Ninh , Hung Yen, Thai Nguyen, ...
According to investors, products at Eurowindow River Park are a wise investment at this time to take advantage of capital and ensure liquidity because the investor is applying many policies that are beneficial to buyers: Support bank loans up to 65%, installment payments within 24 months with 0% interest rate. If paying 100% early, investors receive incentives of up to 12%. This is a solution to help home buyers both optimize capital and maximize profits. In addition, the investor also offers residents a residential gift package: complete interior; free 02 years of service fees, 01 year of parking fees. In particular, customers signing a home purchase contract at this stage also have the opportunity to draw a prize of a Hyundai Accent car, SH mode motorbike and many other valuable gifts.
According to Hanoi 's planning, Dong Anh will become a district before 2025 and become the new center of the city with many outstanding changes. The rapid infrastructure development taking place in the area plays an important role in promoting investment potential. The arrival of a series of large projects also makes real estate prices in Dong Anh forecast to continue to grow rapidly, ensuring long-term investment value and improving the quality of life.
2024 promises to be a year full of potential for the real estate market, especially for investors who choose the right investment strategy. Investors who anticipate the trend of real estate development towards the Eastern region are considered to have seized a "golden" investment opportunity in the future.
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