“This is the Golden Time to Invest in Real Estate”

That is the assertion of Mr. Tran Quang Trung, sales director of OneHousing when assessing the investment opportunities of the real estate market at the moment. The previous events have been shaping the new face of the market. In the newly sketched picture, opportunities are wide open for up-to-date investors.

The New Turn Of Investors
There is no denying the fact that the downturn of the real estate market in the past time has created great disturbances: after the crisis more than a decade ago, the wave of real estate staff cuts took place the strongest since before until now. Many real estate units are investors or brokers are forced to leave the game or restructure the business.
Talking to Batdongsan.com.vn, Mr. Tran Quang Trung, sales director of OneHousing, commented on this fact: “The market is entering a stage of screening and classification for both investors and investors. when many investors had to leave the game. But on the contrary, there are many investors who can still “survive”, thanks to the good governance and implementation capacity of that investor.”

Notably, the faults of the market over the past time have formed the portrait of new investors. They tend to be more conservative in their decisions and the type of property that can generate cash flow is their priority. A big shift has taken place when the types that once held the throne in attracting investment such as land plots and private houses are stepping back, giving way to apartments – a product line that has the ability to bring customers to the world. cash flow immediately.
Acknowledging this fact, Mr. Trung said, many investors have now turned from investing in townhouses and land plots to apartments due to the cash flow factor and the impressive increase in prices. capital gains. The growth of the rental market has made apartments in the “top” of the products with good profit from rental. Those who want to buy a house for their children in the future (graduation, marriage ..), they want to both accumulate assets and rent out to generate cash flow. They evaluate products not only on cash flow but also on the ability to increase cost of goods. Products that serve the real needs of society are in the sights of investors.

Time To Buy Real Estate
During the last recession, many investors and people with real buying needs kept the psychology of waiting and waiting. The product line aiming at high real demand and having a good transaction rate even when the market is in trouble is the apartment is also facing this sentiment. Mr. Trung said that this product will not have a bottom. The reason is that the primary price of apartments continues to increase, the supply of the market is still severely scarce due to legal congestion, along with high input costs. At the present time, apartments are also a segment serving real housing needs that can generate cash flow. The director emphasized: “This is the golden time to invest in real estate”.

Explaining the above statement, Mr. Trung said that this is the period when investors launch the best sales policy with lots of discounts to stimulate buyer demand. They also do not let the selling price reach the expected threshold, but the price tends to deviate (lower) 5-15% from the market price. This is also the period when the legally-corrected projects disbursed by banks have the best interest rate support policies. When the market recovers, investors will stop promotions, adjust selling prices, and shorten the grace period for principal and interest. With standard products, serving high real demand, buyers will be disadvantaged when entering the market late.

Besides, Mr. Trung also said that there are positive signals from the macro related to credit and legal capital through the recently issued Resolution 33 and Decree 08. Specific movements in capital sources are becoming increasingly clear when the State Bank has also lowered the operating interest rate, thereby reducing the deposit and lending rates. policy to relax, postpone debt for businesses… These developments are expected to gradually blow new winds to the market. And the market will gradually recover.

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