Interest rates fall, market liquidity increases
After the State Bank's latest move to lower the operating interest rate at the end of May, lending interest rates at many commercial banks began to cool down. And up to this point, according to actual surveys, some banks have begun to reduce interest rates on loans to buy real estate products.
Recorded earlier in March, the State Bank of Vietnam had a reduction in operating interest rates. By April, operating interest rates continued to decrease further. On May 3, the State Bank adjusted the operating interest rate for the third time. For example, Vietcombank applied a preferential interest rate for real estate loans in the first year of 4%. Up to now, the interest rate for the first year has dropped to 25.5%/year. Similarly, Techcombank's home loan interest rate decreased by 3%/year for the first time. Many other commercial banks also recorded a reduction in home loan interest rates.
The effect of cooling interest rates on the market is evident when the liquidity indexes at some real estate projects are improving again. Real estate businesses have also gradually launched sales campaigns, running busy media in recent months.
Compared to the beginning of 2023, this liquidity figure improved significantly when the interest rate market fell, real estate was developed by reputable developers along with a flexible payment schedule with support incentives. With many positive signals, the psychology of home buyers also became confident to disburse.
In the context of a thriving market, quality products that are ready to be handed over are also of special interest. Typically, the ZENITY project when owning all the gold values such as an expensive location in District 1 (HCMC), complete legality, green landscape space and sophisticated, luxurious and special interior design Can move in right away.
Confidence in the prosperity of the real estate market
ZENITY owns a resort-style utility system that enhances life, meeting a variety of needs of individuals, friends and family. Harmonizing with green space, the project offers a fresh and gentle living environment, along with relaxing moments with high-class internal facilities such as green Zen garden, Lagoon swimming pool, lakeside bar. swimming pool, oasis dome Jacuzzi…
Together realizing the dream of owning a standard resort real estate, ZENITY is ready to welcome future owners with a special preferential policy - pay 30% to receive an apartment in District 1 with a flexible payment schedule. with 1% per month for 3 years, interest rate support. In particular, customers will be given 6 years of management fee and 4 years of rental support when buying an apartment with complete legality and easy rental right away.
For more information, please visit zenity.com.vn or contact 1800599986.