The truth about the information that houses in the 200ha SwanBay Urban Area are discounted up to 50%

In recent days, the real estate business community in Nhon Trach, Dong Nai has been buzzing with news that villas and townhouses in the SwanBay Urban Area project on Dai Phuoc Island, Nhon Trach District have been discounted by up to 50% compared to the same period last year.

However, according to the latest report of the Lao Dong Newspaper reporter on March 26, brokers, investors and those who have bought houses in the SwanBay Urban Area all confirmed that there is no story of townhouses and villas in this area having a price reduction of up to 50%, but in fact, it has only decreased by 10-15% compared to the peak last year and when the Ring Road 3 project started construction.

Anh Ly, a broker who has been closely following the SwanBay project, said that a 320 m2 detached villa in this area without a certificate last year cost 15.8 billion VND, but is now trading for around 13-13.5 billion VND. Villas with certificates are being offered for around 15-16.5 billion VND/unit, around 1-2 billion VND lower than last year.

Similarly, the price of a semi-detached villa has decreased from 14.5-15 billion VND to 12-13 billion VND/unit, not a sharp decrease.

Port area at SwanBay project

The representative of the project investor, Vina Dai Phuoc Joint Stock Company, also confirmed that the 8x20 m2 semi-detached villa at SwanBay is being offered for sale from 10.5-13 billion VND, not 5-6 billion VND as recently circulated information.

Similarly, a single villa with an area of ​​16x21m costs between 19-23 billion VND depending on the location, but there is no villa priced at 10-11 billion VND.

A 7x21m townhouse in this area is currently priced at around 6.5 billion VND, while the peak price last year was around 6.7-7 billion VND/house; a furnished house is currently priced at 8.5 billion VND, with no price in the 5-6 billion VND range.

Meanwhile, Villa Shophouse with an area of ​​130-230m2 costs from 12-16 billion VND/unit in Le Centre area, while Shophouse in the base of Le Centre apartment building costs from 8-10 billion VND/unit, not 6-9 billion VND.

Mr. Hoang Long, owner of a shophouse in SwanBay area, confirmed to a reporter from Nguoi Lao Dong Newspaper: "No one here has reduced the price by 30%, let alone 50%. As far as I know, there are only a few customers who have not received payment from the bank, so they are forced to resell at a slightly lower price than last year."

According to the investor's representative, it is likely that some outside brokers are providing false information and fake prices to force down prices on homeowners who need to sell quickly.

SwanBay Urban Area Project has a scale of up to 200 hectares, previously owned by China Fortune Land Development Corporation with nearly 73% of shares. Up to now, it has been acquired by a domestic multi-industry corporation for further development.

Source: https://nld.com.vn/kinh-te/biet-thu-nha-pho-o-swanbay-nhon-trach-giam-gia-toi-50-20230326152553653.htm