Real estate investors in Saigon poured into the market of neighboring provinces

Many comments made, in 2019 when the project supply is more and more limited, the investor's investment appetite (investors) also allocates clearly in the areas and the trend of "offshore fishing" will rise to the throne. . Specifically, projects in neighboring provinces will become the focus of investors by the advantages of price and real demand.

Apartment: Investors wait for new projects

Segment of apartments in the provinces near Saigon such as Binh Duong, Dong Nai and Long An ... has long been considered a "rare commodity" of the market when there are quite a few projects implemented. In fact, the market in this segment in 2018 showed that only a few projects were offered with the consumption of 80% - 90% right in the first phase. Many investors still cherished the land fund but were not yet officially startups make the supply of apartments in the provincial market still quite scarce.

Accordingly, many investors are still waiting for new projects to be implemented in 2019 to put money into. Noting from long-term investors, living in Ho Chi Minh City shows that, with idle cash flow of less than 2 billion dong, the trend of finding "new" apartment projects in Binh Duong, Dong Nai and Long areas An ... increased strongly in real estate investors. Especially, with projects adjacent to the districts along Ho Chi Minh City, the distance to travel is not too far, always the center of attracting investors.

According to experts, the obvious advantage of the neighboring city of Ho Chi Minh City is that the price is still soft, the possibility of price increase continues and the real demand always accounts for over 60%, making the investors salty. Finding apartments in neighboring provinces for stable investment and profitability will become a clear trend within the next 2 years.

At present, some "stifling" HCM City real estate enterprises will develop or enter into a joint venture to develop apartment projects in the neighboring city of Ho Chi Minh City in 2019. Intermediate section with an average price of about VND 2 billion / unit.

Land: "Focus" investment in 2019

The land of neighboring cities is still a "fertile land" targeted by investors in the coming period.

According to industry experts, when the supply of projects is getting less and less, the legal control is strictly controlled, although the investment appetite of investors is also clearly distributed in the regions. In particular, the trend of finding sunken areas always promotes efficiency in investment options. With land in the province surrounding Ho Chi Minh City, good profitability is always a key factor for investors to decide "down money". Besides, the price at the threshold is consistent with the majority; Convenient connection traffic is considered to be the advantage of the provincial land segment.

Mr. Nguyen Hoang Tuan, General Director of Yeshouse Company stressed, if the end of 2018 is the adaptation phase of the market, about quarter 3/2019, the neighboring province of Ho Chi Minh City will enter the race in price. and purchasing power. This is the period when psychology of investors and buyers is real stable, the trend of finding out-of-date and complete legal price projects will be crowned.

According to information from market research units, land plot is still a segment selected by many investors in the coming time. In particular, the land demand in the coastal area and the neighboring provinces of Saigon will increase sharply in the context of scarce supply, even some projects do not have a high price secondary source to resell to buyers.

As noted, the time after the Lunar New Year, the land buying and selling situation has not shown any clarity but the psychology of putting money into the land is still considered the general trend of the market in the coming period. In particular, the completed legal lottery projects still "attract" real estate investors by their ability to produce goods and earn fast profits.

Ha Vy