New gem in Halong Bay
New gem in Halong Bay
On July 16, at JW Marriott Hotel Hanoi, the upscale resort Sun Premier Village Halong Bay was officially launched, amidst much anticipation from the market.
Following the impressive launching event in Quang Ninh in early July that propelled 5-star resort project Sun Premier Village Halong Bay to the top of the northern real estate market, Sun Group held another launch for investors in the capital.
As almost the entire stock of shophouses rolled out in phase 1 was reserved in Quang Ninh already, investors in Hanoi turned to the resort villas with gusto.
In addition to local investors, more than a few overseas Vietnamese investors attended the event as well.
Do Hoang, a Singaporean-Vietnamese national excitedly shared: “I know about Sun Group from a number of world-class projects, like InterContinental Danang Sun Peninsula Resort and JW Marriot Phu Quoc Emerald Bay. Sun Group’s reputation reached from across the borders. While we were here on vacation, my wife and I invited a few friends to come along and learn more about this new investment opportunity.”
Hoang also believes that the developer’s reputation is the most important thing to consider before deciding to invest in a project. “And Sun Group is an internationally reputable developer,” Hoang affirmed.
The project’s sophisticated and distinctive design also proved to be extremely attractive among investors.
“Every product of Sun Group possesses a certain unique flavour. They are unlike any other product on the market. Investing in products so unique is a sure-fire way to produce great profit, not to mention that the project is located right in the middle of a rising entertainment complex,” added Hoang.
Right after the launching event, many investors have travelled to Quang Ninh to see the project in person.
Nguyen Minh Hai, director of Sales at Max Vietnam JSC, said, “It is quite easy to travel from Hanoi to Quang Ninh, so many investors were eager to go straight for a ‘field test’ after hearing about the products and attractive incentives. Some customers even brought along their families to Quang Ninh to enjoy the Sun World Halong entertainment complex located right next to the project.”
Hai also said that while Halong is already a popular choice for real estate investors due to its increasingly developed infrastructure and growing potential for tourism development. Tourism in Halong is no longer focused on a single season, thus the profit potential of rental properties have been going through the roof—drawing the attention of investors.
Dinh Quang Tuan, director of Sales at Dat Xanh Mien Bac Services and Real Estate JSC, official sales agent of Sun Premier Village Halong Bay, stressed: “Compared to other products in the same segment in Danang or Nha Trang, Sun Premier Village Halong Bay has lower prices as well as reliable profitability. This is also the only project to date that guarantees a minimum 9 per cent profit from rental activities for up to 15 years.”
Tuan said that by first paying only VND5-7 billion (approximately $220,000-$307,000—about the price of a standard high-end apartment with 2-3 bedrooms in Hanoi), investors will be eligible for a bank loan covering 70 per cent of the remaining capital.
In 15 years, investors will receive VND20 billion (approximately $879,800), equivalent to a 200 per cent profitability ratio. This is an outstanding profitability, running circles around any other investment channel in the market, and more importantly, it is guaranteed by Sun Group, a reputable developer.
