{"id":11029,"date":"2023-04-24T09:01:00","date_gmt":"2023-04-24T02:01:00","guid":{"rendered":"https:\/\/kimoanhgroup.vn\/can-ho-binh-dan-tro-lai-thi-truong\/"},"modified":"2023-04-24T11:07:29","modified_gmt":"2023-04-24T04:07:29","slug":"can-ho-binh-dan-tro-lai-thi-truong","status":"publish","type":"post","link":"https:\/\/kimoanhgroup.vn\/en\/can-ho-binh-dan-tro-lai-thi-truong\/","title":{"rendered":"Affordable apartments return to the market"},"content":{"rendered":"

After a long absence, affordable apartments (grade C segment) have been deployed again and recorded many positive signals.<\/span><\/strong><\/em><\/p>\n

According to a report by the Real Estate Association of Ho Chi Minh City (HoREA), in the past two years, the apartment segment with prices below 30 million VND\/m\u00b2 has almost disappeared from the Ho Chi Minh City market. The city has opened to the market 14,443 apartments that are eligible to raise capital in 2021 with 73.98% of luxury apartments and 0% of grade C apartments.<\/span><\/p>\n

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With a price of only 1 billion VND, Kim Oanh Group's Legacy Prime project attracts a large number of customers to visit and learn through the sale.<\/span><\/em><\/figcaption><\/figure>\n<\/div>\n

However, based on the report of Batdongsan.com.vn, in the first quarter of this year, the number of searches for “Social housing” increased dramatically with a 139% increase over the same period. This shows that the demand for affordable housing has great attraction and plays a leading role in the market.<\/span><\/p>\n

Savills Vietnam also showed that Ho Chi Minh City also offered more than 1,600 Grade C apartments for sale under VND 40 million\/m\u00b2 in the first quarter. This unit said, the primary selling price of the average affordable apartment decreased by 10% because new projects offered a lower floor price compared to the same period last year.<\/span><\/p>\n

In the context of the gloomy real estate market, CBRE Vietnam believes that people tend to be more interested in Grade C apartments. Specifically, many policies have been issued for the housing segment for low-income people such as “social housing, housing” for workers with a scale of VND 120,000 billion. This is a potential solution\u00a0 to remove the imbalance between supply and demand of the housing market for many years.<\/span><\/p>\n

Based on the research of Batdongsan.com.vn, the supply and transaction activities of apartments in the South are gradually shifting towards the affordable and mid-end segment. Many investors are restructuring products to meet real demand because the projects are in progress and cost about 1 – 1.6 billion VND with good liquidity.<\/span><\/p>\n

CBRE Vietnam Managing Director \u2013 Ms. Duong Thuy Dung shared that until now the number of Grade C houses is still scarce, so the market is expected to have more supply of social housing products as well. as commercial housing to balance the market.<\/span><\/p>\n

Sharing the same view, Mr. Le Hoang Chau – Chairman of HoREA said: “This is a worrying paradox, because affordable housing and housing for low-income people need to be the mainstream segment, accounting for a large proportion. high in the market because of the huge but unmet need”.<\/span><\/p>\n

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Legacy Prime has a mid-range price but is designed and built with quality by Hoa Binh Group. It is expected that by the end of 2023, it will be handed over to customers<\/span><\/em><\/figcaption><\/figure>\n<\/div>\n

Mr. Chau said that in Ho Chi Minh City, the surplus of high-priced houses and the shortage of low-priced houses in the past two years is alarming. It can be seen that the Grade A segment always dominates the market and accounts for 70%, while the Grade C segment has no products. Accordingly, he sees the return of this segment as a positive sign because the Government has paid attention to social housing, businesses have also turned to the affordable “commercial housing” segment. However, to balance this lever, it will take a long time to restructure the product.<\/span><\/p>\n

On the other hand, the Hanoi market is also facing a shortage of new projects and low-cost housing. Savills Vietnam announced that in 2022, Hanoi had more than 12,600 apartments for sale, reaching the lowest transaction rate in the past 8 years, of which Grade B accounted for more than 80%. The primary price is about 40 million VND\/m\u00b2. Accordingly, Hanoi has completed 25 projects from 2016 to 2020, but social housing only accounts for 20.2% of the plan.<\/span><\/p>\n

In addition, many experts believe that there is a need to adjust interest rates for buyers of social housing, housing, workers because the current interest rate is still high, exceeding the income level of many households. family.<\/span><\/p>\n

By Vi Oanh<\/strong><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After a long absence, affordable apartments (grade C segment) have been deployed again and recorded many positive signals. According to a report by the Real Estate Association of Ho Chi Minh City (HoREA), in the past two years, the apartment segment with prices below 30 million VND\/m\u00b2 has almost disappeared from the Ho Chi Minh …<\/p>\n

Affordable apartments return to the market<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":7,"featured_media":11016,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[131],"tags":[],"class_list":["post-11029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc-thi-truong-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/posts\/11029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/comments?post=11029"}],"version-history":[{"count":0,"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/posts\/11029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/media\/11016"}],"wp:attachment":[{"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/media?parent=11029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/categories?post=11029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kimoanhgroup.vn\/en\/wp-json\/wp\/v2\/tags?post=11029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}