Supply continuously improves
According to the analysis of many experts on "Southern real estate market and positive signals", Information shows that currently the real estate sector is receiving more attention from investors and people than before.
In particular, the real estate market recorded a lot of positive information about product supply as well as high liquidity in many segments such as apartments, land, townhouses...
According to the latest report of DKRA Vietnam, the real estate market in Ho Chi Minh City and surrounding areas recorded a significant improvement in primary supply in key segments.
Specifically, in the land segment in the first quarter, primary supply increased by about 1% compared to the end of 18. Of which, more than 2023% of transactions concentrated in Duong and Long An provinces, with product groups containing The average price is from 80 - 16.4 million VND/m22.2.
Apartment supply is gradually being brought to the market. In which, areas adjacent to Ho Chi Minh City such as Binh Duong province have a very high proportion of apartments.
The primary price level does not change much compared to 2023, the common price is in the range of 14.5 - 23.5 million VND/m2. Secondary prices increased by about 1% - 3% compared to the end of the year, liquidity had positive changes after the Lunar New Year, transactions focused on product groups - projects with completed infrastructure, legal and regulatory requirements. deployed by reputable investors in the market.
The apartment segment recorded 122 primary projects launching sales (about 12,967 units) in the quarter. Particularly in Ho Chi Minh City, the majority of new supply in the quarter came from Grade A projects in the West and South areas.
Transactions are mainly in mid-range projects with completed legalities, rapid construction progress, convenient connection to the city center and prices ranging from 40 - 55 million VND/m2 in Ho Chi Minh City. , from 30 - 35 million VND/m2 in Binh Duong province.
Primary selling prices in some projects increased slightly by 2% - 5% compared to the end of 2023, applied with many discount policies for quick payment, grace period for principal, interest, etc.
Create market liquidity
As noted by Reporter, currently in Ho Chi Minh City, investors such as: Khang Dien Housing Investment and Trading Joint Stock Company; Dien Phuc Thanh Company and Gamuda Land have launched new apartment products in districts such as Binh Tan and Thu Duc City; Binh Chanh…
This is considered one of the large "shopping carts" that investors launched into the market early last year. Although each segment is different, it is noted that investors are still very well received and willing to invest money.
In Binh Duong province, some investors such as Bcons Group, Kim Oanh Group, Hung Thinh Group, Dat Xanh Group... also offer a number of new projects for sale. Among them, there are old shopping carts but the project has nearly been completed and handed over, and the legal status is stable.
Apartments are still the choice of many people with real housing needs and investors.
Mr. Vo Hong Thang, Director of Consulting Services and Project Development DKRA Group commented: "Currently, investors are racing to bring many real estate segments to the market. Among them, Ho Chi Minh City and Binh Duong province can be said to be two key places with a series of projects being offered for sale. This shows a good signal from the market."
Exchange with Reporter, Mr. Ha Van Thien, Deputy General Director of Tran Anh Group said: "With the current situation, it is clear that the housing market is improving better than before, state policies as well as bank interest rates are decreasing and favoring Incentives for home loan borrowers are creating a good psychology for investors. When cash flows into real estate, it means the market will gradually become profitable."
Also according to Mr. Thien, currently the market has not been able to return to its "peak" like in previous years, but in recent times, some businesses have sold goods in a week.
Many real estate brokerage centers have returned with many positive signals from the market.
“During this time, according to my research, there are still many investors who can sell 3-8 real estate products a week. It can be seen that things are gradually getting better. Investors with capital flows, many services such as construction, construction equipment, labor... will also develop. Real estate can be said to have just started to come back and this is also a good time to choose to invest," Mr. Thien said.
According to expert assessments, in the first quarter of 2024, market demand is expected to have positive changes. Primary prices may continue to increase slightly due to input cost pressures. Secondary market liquidity, as well as selling prices, have improved a lot.
This shows that the whole market is showing many positive signals. The real estate market is gradually returning to the "race" with slowness, safety and attention to detail from legality to the products brought to the market.
