Townhouses, villas in satellite eco-cities welcome investment surge
Townhouses, villas in satellite eco-cities welcome investment surge
Townhouses and villas at eco-cities to the east of Ho Chi Minh City have been opted by investors who see high potential in price increase.
Townhouses and villas maintain stable growth
Reports by various market research units reveal a strong cash flow into the segment of townhouses and villas in the surrounding areas of big cities. According to the latest report by JLL Vietnam, the demand for townhouses and villas in Ho Chi Minh City (HCMC) and neighboring provinces has been stable despite the Covid-19 pandemic. The supply of townhouses and villas in Dong Nai, Long An, and Ba Ria - Vung Tau increased in the second quarter of the year.
This product line has also seen a price hike recently. As reported by JLL Vietnam, the average primary sales price of landed houses in HCMC and surrounding provinces reached $2,849 per square meter, increasing 15.9 per cent year-on-year and 7.9 percent quarter-on-quarter. This growth has been mainly recorded in big residential townships in Dong Nai and Long An.
In an interview with VnExpress, Tran Minh Hoang, Deputy General Secretary of Vietnam Association of Real Estate Brokers, said that the segment of land houses in areas surrounding HCMC has drawn attention thanks to its profitability. People are generally keen on owning land houses, therefore the product line of townhouses and villas always maintains its attraction.
The line of townhouses and villas in ecological cities at satellite urban area surrounding HCMC has outstanding advantages. Hoang said the eco-properties satisfy various groups of customer, especially wealthy people.
An artist impression of townhouses and villas at eco-smart city Aqua City. Photo by Novaland.
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"Properties at eco-cities are considered safe havens for many customers in the current context of Covid-19 pandemic. It is not easy at all to find a proper product at an eco-city, especially with Vietnam's rapid urbanization process. Thus properties meeting this need would be definitely valuable both in terms of investment and ownership," said Hoang.
Attractiveness of townhouses and villas
Many real estate projects at satellite urban area surrounding HCMC have recorded positive response from investors, typically the eco-smart city named Aqua City of Novaland Group. According to the company, the line of townhouses and villas of this project has attracted many investors from HCMC and neighboring areas. Customers highly appreciate architecture, eco-space, and modern facilities of the project.
As a customer who owned a townhouse in the Phoenix island, Aqua City; Nguyen Quang Loc affirmed this is a suitable living space for his family and also has potential as an investment. "The most attractive feature is that Phoenix island is surrounded by rivers, very good in terms of health and feng shui. Besides, the living space is private but with full amenities," said Loc.
Meanwhile, the line of semi-detached villa namely "Song gia tuyet tac" in Phoenix island has quickly caught the eyes of many investors.
Nguyen Ngoc Huy, a representative of a real estate agent, acknowledged this product line is a favorite of hits, for its spacious and open living landscape along with good location, amenities and unique design.
Semi-detached villas "Song gia tuyet tac" in Phoenix, Aqua City. Photo by Novaland.
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The outstanding value of the model "Song gia tuyet tac" comes from the design of living space. The commodious front yard, backyard and terrace are flexibly designed to meet the demand of the villa owner to interconnect two villas. This design is convenient for big families, relatives or friends who wish to live near each other in a close but private space.
Both the townhouse and villa options are attractive with eco-landscape and complete amenities of healthcare, education, entertainment, shopping. The comprehensive ecosystem developed by NovaGroup would strongly supplement the project operation management, thus support long-term value of the products.
Ecological, comfortable and healthy living space at Phoenix, Aqua City. Photo by Novaland.
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"The near future is the right time to attract residents to satellite cities as the travel is getting easier thanks to infrastructure development. For people with increasing healthcare needs, the product line of townhouses and villas at fully planned eco-cities is certainly attractive," Hoang said.
With an initial 5 percent payment, investors can own properties at the smart eco-city Aqua City together with various offers: 5 percent discount for each product for the purchase of at least 2 products of the semi-detached villas "Song gia tuyet tac", a 24 percent interest for 2 years, 4 percent discount of product value (based on bank loans maturity), VND100 million voucher, Novaland preference shares of VND110 million, a package of design and construction of a garden yard from VND100 million to VND500 million, and loyalty preference of 1 - 5 percent.
