Shophouse on Pha Le Avenue Crystal City has outstanding room for price increase | Project

Unique value, core land Real estate with prime locations always has a clear advantage over suburban areas, especially products that develop business based on customer "traffic" such as shophouses. According to Savills research data, the average house price in the central area of the world increased by 6.9% in 2021. In Vietnam, land prices in the center of Ho Chi Minh City and Hanoi are always very high, with a difference of 50 - 70% compared to non-central areas.

According to Mr. Tan Tai, a long-time real estate investor, "The inevitable principle of real estate is to develop from the central core to the suburbs and neighboring areas. In big cities like Hanoi , Ho Chi Minh City, Da Nang... the central land fund is almost empty or the price is "sky high", which is a practical proof. Phu Quoc is a relatively young island city, this is a good time to be quick to own real estate in the central area".

It is known that Phu Quoc only includes 8% of its land fund in the planning for urban residential land with long-term ownership rights. Therefore, owning real estate in the center of the pearl island is like holding an "eternal diamond", exploiting it for life and benefiting from being associated with beach resort tourism on the most beautiful island on the planet".

In the heart of Phu Quoc, Meyhomes Capital Crystal City has been a "magnet" attracting strong capital flows in recent times. In particular, the shophouse row on Pha Le Avenue is the "trump card" that gathers the top valuable values of Crystal City, possessing a rare strategic location, "welcoming" all visitors to the pearl island when connecting two bustling arterial roads, An Thoi Central Avenue and DT975 Avenue.

Shophouse đại lộ Pha Lê Crystal City sở hữu dư địa tăng giá vượt trội - Ảnh 1.

Pha Le Avenue connects directly to DT975 axis, 62m wide

50 Eternal Crystals: Wide Open Space for Price Increase

Not only possessing a unique location, Pha Le Avenue shophouse also easily welcomes a large number of tourists all year round thanks to the benefits of the "unique" utility system on the neighboring pearl island including: Innovation Hub 2,500m2, the largest and only in Phu Quoc, 36m wide festival road across the island and Radar mountain trekking area.

The shophouses on Pha Le Avenue have a road width of up to 24.5m - the widest among the internal roads of Crystal City, the sidewalks on each side are 7m wide, the road is 10.5m wide, which is in the golden ratio of the planning, helping to create a clear traffic axis. In addition, with a flexible design, optimizing business purposes, each house is built on an area of 104m2 to nearly 160m2, 4 floors high, 1 attic, the frontage is up to 6.5m wide, meeting a variety of business needs from mini hotels, homestays or restaurants, cafes to spas, fashion shops, etc.

In addition, Pha Le Avenue crosses the first and only international inter-level school in Phu Quoc and the administrative complex of An Thoi ward, adjacent to the 12,000m2 theme park, not only creating real second homes exclusively for the elite community, but also opening up business opportunities in education, art, public administration, etc.

Shophouse đại lộ Pha Lê Crystal City sở hữu dư địa tăng giá vượt trội - Ảnh 2.

Crystal Shophouse - Multi-function, ideal business

Surveying the actual market, real estate on the roads near the state administrative center, schools... is often priced higher than other areas. In Phu Quoc, the land price on Nguyen Trung Truc street (near Duong Dong 1 secondary school) is about 170 million VND/m2, while the land price on Hoang Van Thu street is only about 90-100 million VND/m2.

Particularly for the shophouse basket on Pha Le Avenue, the investor Meyland - Tan A Dai Thanh revealed that customers have the opportunity to own a shophouse adjacent to the public administrative area at an attractive price only about 20-30% higher than the branch road.

Currently, Crystal City is applying attractive incentives for customers who register for future purchase rights. Specifically, customers who do not borrow will receive a discount of 8% of the product value. Customers who pay early will receive an interest rate incentive of 8%/year on the amount and number of days of early payment. Support for bank loans of 70%, interest support of up to 12%/year and principal grace period of 24 months. Loyal customers or customers with registered residence in Phu Quoc, businesses registered to do business in Phu Quoc will receive an additional discount of 1%.

In particular, when registering to reserve a spot from December 6 to 10, 2022 and successfully depositing at the event introducing the Collection of 50 valuable Crystals on Crystal Avenue on December 11, customers will receive a total discount of up to 2.5% and many other incentives such as: Tan A Dai Thanh clean energy gift set worth 250 million VND, free management for 2 years from the date of handover...

Event information:

Event: Crystal City 50 Crystal Collection Launch Ceremony - The Reflection of Crystal

Time: 8:30 am - 12:00 pm, Sunday, December 11, 2022.

Location: Gem Center, 8 Nguyen Binh Khiem, District 1, HCMC

Contact details: Meyhomes Capital Phu Quoc - The pure city in the center of the Pearl Island developed by the national brand Tan A Dai Thanh. Hotline: 0968 699 999. Email: [email protected]. Transaction office: Hanoi: 124 Ton Duc Thang, Dong Da district. Ho Chi Minh: 30 Vo Van Tan, Vo Thi Sau ward, District 3. Kien Giang: An Thoi central avenue, An Thoi ward, Phu Quoc city.

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