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The trend of young people in the capital "moving east" to live and work

Công LuậnCông Luận06/10/2023


New attractive "migration" coordinates of the Capital's real estate

According to the Vietnam Association of Realtors (VARS), the Eastern region of Hanoi will have about 11,500 new products for sale in 2022. If the total real estate supply from this area is calculated, it will be double that of the Western region and 5 times that of the remaining areas. By the end of the first quarter of 2023, this area will continue to supply the market with more than 77,000 real estate products.

“This is the leading area in terms of existing supply. Customers in this area are mostly young people with high incomes, business owners or self-employed, or middle-class families who have accumulated assets to buy for the purpose of changing their living space. In addition, this is also the area that intellectuals and foreign experts are aiming for,” VARS commented.

When mentioning real estate in the East of Hanoi, we cannot fail to mention Ocean City with a complex of 3 artificial coastal metropolises with a scale of up to 1,200 hectares, known as the "new destination city" with 60,000 residents and will continue to increase rapidly in the future.

The attraction of Ocean City comes from the trend of moving to the suburbs when the group of young people aged 22-35 are fully equipped with knowledge, independent in thinking, finance and balancing the quality of life, prioritizing urban areas with space, complete infrastructure systems, bringing valuable experiences in life that inherently requires spending too much time on work. "Green - smart urban areas with integrated multi-utilities and services, shaping high-class living standards will naturally conquer a new class of residents with high qualifications and economic conditions, dynamic, suitable for the development period of digital technology and digitization", experts of the Vietnam Real Estate Association explained the special attraction of the super urban area Ocean City.

Young people's tendency to earn money to live and start a business image 1

Consumption push from the residential community in Ocean City.

The formula for success of the New Destination City

Living in Vinhomes Ocean Park 1, young people not only satisfy their need for a life of enjoyment, but also open up a unique career opportunity when settling down and integrating retail business in low-rise townhouses. “The large population size with a modern lifestyle and a diverse resort system makes the shops in Ocean City always bustling day and night. Along with that, the abundant number of customers with economic conditions, high consumption needs, and willingness to pay are a big plus for my family to choose to rent a townhouse to start a business here. My next plan will be to buy to settle down,” shared Moc Linh, a new resident who moved to a low-rise apartment at Vinhomes Ocean Park 1.

Young people's tendency to earn money to live and start a business image 2

The fresh, open space and unique landscape system at Ocean City are the criteria for young families to choose to live here.

In order to support tenants like Moc Linh in finding a suitable place to live and an ideal business premises, Vinhomes has also continuously launched practical support policies with many options for renting low-rise townhouses; commercial at Vinhomes Ocean Park 1 and Vinhomes Ocean Park 2. Following the success of the series of policies "Happy Home" 1,2, the most recent program is Happy Home 3, which helps tenants only need to pay from 8 million VND/month to be able to live in a spacious low-rise house at Vinhomes Ocean Park 2 and use free of charge the high-class internal services and utilities of Vinhomes urban area, and at the same time be supported with additional consumer shopping vouchers worth 20 million VND/month for 12 months if the tenant rents for business purposes.

Young people's tendency to earn money to live and start a business image 3

Life in Ocean City is a dream for many ages.

For partners renting premises at the Center Point Commercial Complex - Vinhomes Ocean Park 2 opening this December, customers will enjoy great incentives such as free rent for up to the first 18 months and up to 50% discount on rent in the following year, and support to issue Evoucher 10 million/month in the first 6 months of opening, give away a construction completion package of up to nearly 1 billion VND, and accompany the promotion to nearly 200,000 future Ocean City residents as well as nearby tourists.

Most recently, the Central Vitality program applied to low-rise subdivisions that have not been registered for construction or have not completed interiors for living or renting at Vinhomes Ocean Park 1 is Vinhomes' long-term commitment to accompany customers. By supporting optimal investment costs for owners, the program brings the opportunity to rent satisfactory shophouses at attractive prices, helping tenants save costs and increase strong profit opportunities.

Low-rise townhouse tenants in Ocean City will benefit even more when the city completes large-scale projects such as Mega Grand World Hanoi along with the VinWonders Hanoi entertainment ecosystem, the City of Light square, etc., bringing a high-class resort lifestyle 365 days a year and the opportunity to catch the growth wave in the East when the metropolis expects to welcome tens of millions of tourists each year.

PV

For more information about the programs, customers can contact as follows:

Contact for owner:

Hotline: 02432000917 | Email: [email protected]

Contact information for tenants:

Hotline: 0985003379 | Email: [email protected]



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