Within 17 days of its official launch (from the beginning of July), 10,000 apartments at Vinhomes Grand Park have been sold out, breaking all the records of the domestic and foreign real estate market before.
Once officially launched, Vinhomes Grand Park metropolis has become the focus of the real estate market in Ho Chi Minh city. It can be seen that the ability to quickly absorb from Vinhomes Grand Park comes from the following reasons: launching at the right time when the market is in a short supply and super projects with many unique features carrying international standard.
As forecasted earlier in Q1 / 2019, the HCMC apartment market in the second quarter of 2019 continued to be scarce with the supply decreased sharply compared to the same period last year. According to CBRE Vietnam, the apartment market in Ho Chi Minh City has the number of new launches in the second quarter reduced to the lowest level in the past 5 years. A total of 4,124 apartments were offered for sale from 10 projects in the second quarter of 2019, down 7% QoQ and 34% YoY.
In addition to the general influence of the market, the attraction of the project also comes from the unique, unsurpassed and unprecedented factors of a megacity, branded Vingroup.
“Smart city – park” Vinhomes Grand Park has a total area of 271ha, located in Long Binh and Long Thanh My Ward, District 9 – the eastern gateway of HCMC. The project is located next to the metro line No. 1 namely Ben Thanh – Suoi Tien, along with arterial roads to easily connect to the neighbor districts, and quickly move to Tan Son Nhat airport and Long Thanh airport. In the future when the third belt road goes through the project, Vinhomes Grand Park is expected to sky-rocket its value.
This is also the first world-class smart city in Ho Chi Minh City, managed and operated on the basis of intelligent technology, where residents will enjoy a trendy life with unprecedented experiences in a modern, fully-featured ecosystem. In addition, the project also owns a large 36ha park with 15 diverse theme parks, with the leading scale in Southeast Asia.
With an outstanding scale and competitive prices, the project has attracted the attention of both real estate buyers and investors. Ms. Hoang Ngoc Kim – a customer registered 5-Sapphire apartments -purchase at once said: “Currently, I am living with my family and owning an apartment for rental in Vinhomes Central Park. Enjoying the facilities here, I believe the Vinhomes Grand Park project has much more utility values. Immediately after the project was officially launched, I registered the desire to buy 5 apartments in the project, both for later and also for rental business ”.
In addition, the attractive financial support policy for Sapphire in The Rainbow subdivision has created conditions for many people to have the opportunity to own apartments at the project. Customers can obtain a loan package up to 70% of the value of the apartment, without paying the original price within 18 months, interest rate support 0% up to 18 months …
Mr. Dang Ngoc Duy, official distributor of Vinhomes Grand Park project, said: “Currently, the number of customers who purchase products of the project is higher than the number of products offered. Many investors have quickly booked a long time to be able to own the apartment. The customers are very interested in the factors of the project location, utility scale, reputation of the investor. It can be said that green and smart utilities are superior to other projects in the same segment in the region, while the price is very attractive.
The success of Vinhomes Grand Park also comes from the synergy from 63 distributors, creating the strongest “position” on the market.
At the same time, the Investor is urgently completing construction items, currently the buildings in blocks S1, S2, S3, S5 have been concreting from the 11th floor to the 16th floor.
In particular, the utility space around The Rainbow subdivision, internal road system and landscape are being urgently completed. In particular, the lighting park is expected to open in September.