Investment opportunities when Binh Duong real estate market grows

Minh Hoàng
April 22, 2021

– Despite strong growth in recent years, the Binh Duong apartment market still has many potential risk factors, so buyers should pay attention to choose a good project.

The supply is large but the risks are not less

– Binh Duong market was more active than the early months of 2021 when a series of projects opened for sale. Specifically, according to the Binh Duong Construction Department, there are 56 projects in the province with the number of 28,085 units eligible to sell houses in the future. Only in the first quarter, Binh Duong sold more than 14,000 apartments.

Cộng đồng cư dân đông đúc đang hình thành ở Thành phố mới Bình Dương.
A dense residential community is taking shape in Binh Duong New City.

– The ample supply of housing is a good signal for home buyers, as they have more options at more competitive prices. However, many experts also warn, home buyers need to consider many risk factors when deciding to buy a home.

– The important factors home buyers often ignore or do not have enough information about are the potential of the investor, the legality of the project, and quality. Because over the past time, there have been many property disputes when the apartment of the resident was pledged with the bank by the investor. There are also customers who buy projects behind schedule. Although the reasons are not the same, customers are always the ones who suffer.

Good project selection criteria

– Experts say that, although there are more or less risks when the market grows in recent years, Binh Duong is still a market with many investment opportunities in 2021. According to the real estate market report in the first quarter of 2021. of CBRE, the apartment supply in Binh Duong will continue to explode in 2021. This judgment is completely grounded when Binh Duong has many advantages in location when new apartment projects are mainly located at the door. East Saigon lane, in the context of the newly established Thu Duc city. Convenient transportation, well-connected infrastructure with Ho Chi Minh City are also advantages for Binh Duong real estate to continue growing in 2021.

SORA gardens II will be handed over in the second quarter of 2021.

– In fact, when Ho Chi Minh City is scarce in new supply, the adjacent area is vibrant, notably Thuan An, Di An in Binh Duong along the national highway 13, from the center of Lai Thieu Binh Duong new city is becoming the lifeline of the province with strong economic, financial and service development.

– In this context, Binh Duong New City is the nucleus of that development. In recent years, Binh Duong has attracted many reputable and branded corporations to invest. Many new apartment projects were launched for sale at quite high prices, from 38 to more than 45 million VND per m2.

– Experts say that in such a vibrant market, homebuyers need to pay attention to three criteria including the reputation of the investor, the location and the legality of the project. In particular, a reputable investor is an enterprise with financial capacity, has been investing in many quality products and is highly appreciated by consumers.

Mảng xanh tiện ích nội khu tại dự án SORA gardens II, Bình Dương.
Green utility area at the SORA gardens II project, Binh Duong.

– One of the outstanding projects is SORA gardens II of the investor Becamex Tokyu (Japan). Up to now, many large Japanese-standard projects have been completed such as SORA gardens I, II, Midori Park The View, Hikari shopping and shopping center … in the urban area of ​​1,000 ha Tokyu Garden City , creating a busy residential community with a series of outstanding utilities. Famous brands are gradually present such as Sushi Bar, Coffee House, Highland Coffee, Pizza 4P ‘, Brewery Restaurant …

– In the future, this place will be more active when the Binh Duong World Trade Center (WTOBD) kicks off. WTOBD includes trade fair, international conference center, hotel … and Metro station connected to Metro Line 1 of Ho Chi Minh City.

– Recently, Becamex Tokyu announced the project of SORA gardens SC commercial center with an area of ​​more than 120,000 m2 – one of the largest commercial centers in the South. Aeon as the main tenant will deploy the Compact GMS model – the first general department store in Vietnam.

– Currently SORA gardens II has a selling price of VND 31 million per m2, payment time is extended, 0% interest rate for 24 months. During the April 25 event, customers can enjoy SORA gardens II luxury apartment and experience outstanding facilities.

Source: Tam Anh