Amid the real estate market's scarcity of supply and cooling home interest rates, investors have shifted to finding opportunities in the villa and townhouse segment.
Recently, the situation of posting ads for sale of discounted and loss-cutting villas and townhouses in Hanoi on real estate trading sites has disappeared. In fact, the prices of villas and townhouses in some urban areas in the East and West of Hanoi are on the rise. The houses in good locations have increased by an average of 7-25%. Even in some areas in Dong Anh and Gia Lam, which are preparing to become districts, brokers are active, the number of interested customers is increasing, and a slight "fever" has appeared.
According to an analysis report by real estate company Savills, the prices of villas and townhouses in new urban area projects are constantly increasing and becoming more and more expensive. The average price of townhouses in Hanoi is currently around 194 million VND/m2 of land while commercial townhouses cost up to 328 million VND/m2 of land.
According to Ms. Giang Huynh, Deputy Director, Head of Research and S22M Savills, the villa and super luxury house segment still has long-term growth potential, because supply is scarce and unlikely to improve overnight, while the rich and super-rich in Vietnam are expected to increase rapidly in the next few years.
Faced with "local fevers", experts warn that investors need to be extremely cautious and should carefully research information before investing.
To avoid risks, investors should choose completed projects, from reputable “big guys” in the real estate market, with pink books and transparent legal documents. One of the “hot” villa and townhouse projects in the East of Hanoi that is currently attracting a lot of attention is Eurowindow Twin Parks.
The project is located on Thanh Trung street, in the core area of Gia Lam. From the location of the urban area, residents can easily access a synchronous and modern external utility system such as: Vinhomes Ocean Park urban area, lake, hospital, school, commercial center, bank, supermarket, cinema...
In particular, Eurowindow Twin Parks is planned according to the open chessboard model of 36 old streets of Hanoi, bringing convenience to people's travel and business. In order to solve the pressing problem of lack of parking space, Eurowindow Twin Parks urban area has designed a 3-storey private garage with an area of 3000m2, providing enough parking space for all residents. Owners of villas and townhouses will not have to park on the street, causing loss of urban beauty and will save on the cost of building an indoor garage.
The outstanding advantage of the project also comes from the quality of construction when using high-quality, sustainable and environmentally friendly materials. The urban area is installed with soundproof and heat-insulated Eurowindow glass doors, providing residents with a private, quiet and energy-saving living space. Owners of villas and shophouses can freely arrange the interior according to their personal preferences thanks to the smart and reasonable space design.
In addition, it is impossible not to mention the impressive highlight of Eurowindow Twin Parks, which is the project surrounded by Gia Lam Park, planned for 31 hectares, creating a unique "2 parks" urban area of the Capital. Temporarily leaving behind the hustle and bustle of the city, when returning home, residents of Eurowindow Twin Parks will experience the style of "Green living in the capital", enjoy the fresh air, close to nature, easily balance emotions after stressful hours of studying and working.
The urban area is managed and operated by international management unit CBRE, providing the community with an international-class living environment, high-class security standards and worthy experiences.
Customers who buy products at the Eurowindow Twin Parks project at the present time are supported with an interest rate of 0% and a principal grace period of up to 36 months. In addition, if paying early, customers will enjoy a discount of up to 12% on the selling price or a total payment period of up to 40 months when paying according to the regular schedule. Customers also receive a free service package for 60 months.
