19/07/2022
The increased public investment, economic stimulus packages, inflation risks, and other factors demonstrate that Hanoi real estate remains a promising investment destination by the end of 2022.
Hanoi possibly establishes two to five new industrial zones from 2021 to 2025
In order to accommodate the requirements of investment and development of industrial production, as well as tospeed up the industrialization and modernization of the city in the coming time, Hanoi has identified and strived to complete the target of 5 new industrial parks from 2021 to 2025.
Specifically, Hanoi will implement some projects such as Soc Son Clean industrial park (in Soc Son district with an area of 302.8 hectares), Dong Anh industrial park (in Dong Anh district with an area of 300 hectares), Bac Thuong Tin industrial park (in Thuong Tin district with an area of 112 hectares), Phu Nghia industrial park expanded (in Chuong My district with an area of 389 hectares), Phung Hiep industrial park (in Thuong Tin district with an area of 174.88 hectares)
In Hanoi, there are currently more than ten industrial zones with an occupancy rate of 100%. By December 2021, Hanoi has attracted a total investment capital of VND 18,000 billion from over 399 projects and 303 FDI projects with a capital of USD 6.1 billion. Therefore, Hanoi has a great attraction for investors in establishing industrial parks. The establishment of industrial zones will create a premise to further attract the investment of businesses. At the same time, the concretization of the industrial park development strategy will help promote economic restructuring, which is a leverage for the development of the real estate market in Hanoi.
Hanoi has a great attraction for investors (Photo: internet)
Asset shelter needs
Many major economies in the world are dealing with the risk of inflation. Vietnam is also avoided being affected by this general situation.
The purchasing power of VND 1 billion this year may differ from next year. The value of this year’s house is 2 billion, but it could be 2 billion 200 million in a few months later. Therefore, many people are aggressively looking for suitable real estate products for financial shelter.
According to DKRA’s market report for the first 6 months of the year, the purchasing power in some segments such as ground has decreased. However, the selling price has not decreased, except some isolated cases of speculation, it is impossible to continue to “earn profits” and force to cut profits.
Facing that situation, products with real value, transparent legality, suitable selling prices for the majority’s finances will still have good liquidity.
Large green living space at Ciputra Hanoi – a valuable and prestigious real estate product in many years in Hanoi.
Recovering from COVID-19
Vietnam’s economic growth rate in the first quarter of 2022 increased markedly, GDP in the first quarter reached 92,175 billion USD, up 5.03% over the same period last year, higher than the economic growth rate of China (4.8%) and Singapore (3.4%).
Business activity resumed, Vietnam’s economy and trade have improved significantly after COVID-19.
These are some good signals for the real estate market:
The LINK 345 – Ciputra Hanoi apartment complex at night
Take advantage of the temporary cooling phase
After a period of hot growth, the real estate market is entering a cooling phase. However, this is just a picking up momentum period to prepare for a new growth cycle.
In addition, supply has not yet recovered due to legal issues and increased building material prices. Meanwhile, the demand for housing has always increased as the proportion of immigrants and the number of young families raises.
According to previous precedents, the middle of the local cooling period is a golden opportunity for investors who have cash available to “hunt” for well-priced real estate but need to be quickly and thoroughly.
Ciputra Hanoi is the first large-scale international city, located at the northwest gateway of Hanoi. It is adjacent to West Lake and two large bridges, Thang Long and Nhat Tan, quickly and conveniently connecting to the international airport, the center of the Old Quarter, and neighboring provinces. With high-end real estate products from high-rise to villas, adjacent, Ciputra Hanoi has been the choice of nearly 9000 residents from 70 different countries. Currently, the investor is opening several apartments for sale with attractive incentives only for customers to contact directly at Hotline: 1800 1088 or Website: ciputrahanoi.com.vn
