What new trends are dominating Phu Quoc real estate?

Báo Đầu tư•15/04/2024

Long-term investment: The new trend dominating Phu Quoc real estate?

Phu Quoc real estate is witnessing the rise of value investing – sustainable investment. Internal market developments show this is a wise shift by savvy investors.

The shift from short-term to long-term investment.

After a period of rapid growth, the real estate market in Phu Quoc in particular and Vietnam in general began to adjust as the State Bank of Vietnam took steps to control credit. This new market context outlines a new generation of investors. They are cautious, meticulous, and seek out good products in promising markets, focusing on projects with a sustainable development orientation and long-term value appreciation.

Phu Quoc is the focal point of the shift in investment from short-term to long-term. This market has a solid foundation and many major growth drivers, creating strong momentum for the future.

Alongside efforts to attract investment and develop sustainable marine tourism , the Phu Quoc City master plan until 2040, announced in February 2024, identifies Phu Quoc as an attractive island-coastal city, meeting the standards of a Class I urban area. This means that Phu Quoc will not simply be a destination, a resort land with blue sea, white sand, and golden sunshine, but also a "place" - a place where quality living spaces exist, forming close-knit and harmonious communities.

The government 's sustainable development orientations and plans have had a strong impact on real estate investment trends in Phu Quoc. Long-term investment is a timely approach, demonstrating the foresight of wise investors when setting foot on the Pearl Island.

Searching for gold in Phu Quoc

According to the plan, Phu Quoc only grants 8% of its land area with long-term ownership rights. Thus, out of a total area of 58,928 hectares, the island has approximately 4,000 hectares of land available for urban development.

Clearly, long-term urban land ownership in Phu Quoc is scarce. Properties built on Phu Quoc's urban land will become invaluable as the island's journey towards becoming a Class 1 city accelerates both natural and mechanical population growth, creating enormous market demand. This strong demand will establish Phu Quoc's dominance and superior position in attracting investment capital, as it represents a generational asset that increases in value over time.

Savvy investors are sifting through the sand to find valuable properties on Phu Quoc Island. And Meypearl Harmony Phu Quoc is a rare gem in the market, offering long-term investment guarantees. The product's appeal stems not only from its location on a scarce urban land plot with long-term ownership but also from other profound aspects.

Meypearl Harmony Phu Quoc is creating a stir in the market with the upcoming launch of Tower B.

Meypearl Harmony Phu Quoc is located in the most prime location of the highly livable Meyhomes Capital Phu Quoc urban area, where several phases have already been handed over and are operational. It fully benefits from the values of an international urban area planned, designed, and operated with a comprehensive green, clean, and smart orientation. The project also boasts a rare location in the heart of the island, just a 2-minute drive from Bai Truong beach, adjacent to the 5-star Grand Mercure hotel complex, with impressive regional connectivity via inter-island transportation routes.

Meypearl Harmony Phu Quoc is attracting market attention with the upcoming launch of Tower B. This apartment tower boasts the most impressive views, encompassing Bai Truong Beach, Radar Mountain, and the pristine Meyhomes Capital urban area. Tower B brings to Phu Quoc Island the Outdoor Living concept, a unique lifestyle in harmony with nature that is leading the global trend. Every detail of the architecture, interior design, landscaping, and amenities is infused with the breath of nature, creating a balanced living space and renewing endless inspiration for its residents.

Tower B - Meypearl Harmony Phu Quoc launches a special policy for customers who register for the right to purchase.

It is known that Tower B is currently offering attractive incentives and gift programs exclusively for customers who register for the right to purchase at this time. Customers who do not take out a loan can enjoy a relaxed payment schedule of 3-4 years, with only about 5% per quarter until handover. Customers who take out a loan only need 15% of the initial capital until handover, borrowing up to 70% for a maximum of 35 years, with interest rate support and principal repayment grace period, and no early repayment fees for 24 or 36 months.

Offering rare beachfront apartments with long-term ownership in Phu Quoc and a uniquely developed product focused on generational living values, Meypearl Harmony Phu Quoc is the perfect solution for sustainable investment in Phu Quoc, encompassing both cash flow and long-term capital gains.

Meypearl Harmony Phu Quoc - Beachfront apartments with permanent ownership located within the rare 5-star Grand Mercure hotel complex in Phu Quoc.

A product developed by Meyland - a brand belonging to Tan A Dai Thanh Group.

Address: Meyhomes Capital Phu Quoc Pure Urban Area, An Thoi Ward, Phu Quoc City.

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