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Real Estate in 2016: The market belongs to the buyers?
Posted on: February 3rd, 2016 by admin

Real estate market in 2016 actually belonged to buy when the campaign “commodityof investors will depend on the purchasing power of the market.

Last time, a massive sales campaign of the investors in various projects such as: Vinhomes Gardenia in My Dinh (Nam Tu Liem District), Goldseason (Nguyen Tuan, Thanh Xuan district), Chang’an Complex (Phung Chi Kien , Cau Giay district), Hanoi Landmark 51 Ha Dong … to take advantage of the warming of the real estate market in 2015. According to statistics, in 2015, there are approximately 19 350 successful real estate transaction, up nearly 1 , 7 times more than in 2014. However, the question for investors is whether this transaction speed has continued to be maintained in 2016.

 During January 2016, the number of transactions in the market continues to stabilize as Hanoi and Ho Chi Minh City has about 3,200 successful transactions, an increase of 3% compared to December 12/2015 and increased 10% compared to the same period in 2015. in Hanoi, Hanoi western region is home to the most active market with projects such as project Mon City (Dinh); Project Goldmark City (Ho Tung Mau); Project Season Hanoi Landmark Avenue and Project 51 (Ha Dong) … In Vietnam, commercial housing segment of small and medium size (1-2 bedrooms apartments) that type apartment is more easy to sell for residential and renting  purpose, can sell for more than 1 billion / unit traded.

Commenting on the purchasing power of the real estate market in 2016, Dr. Nguyen Tri Hieu, financial experts said that the transformation of the world economy and trends in international cooperation will have an important impact on the real estate market to Vietnam, including positive factors and criteria poles, including positive factors still dominate. In general, citizens and businesses will invest in real estate because it is an attractive investment channel now, if enterprises and investors grasp the opportunities and business strategies accordingly.

 Answering the question about the power of the market to absorb the supply of real estate before this big, PhD. Tran Kim Chung, Deputy Director of Institute of Economic Research central management that is different from the previous period, the growth of real estate market is now more sustainable factors. Macroeconomic stability has gradually returned, investors are less dependent on bank loans as well as from potential investors. Even with the basic project is completed the new offering. Cash flow from banks often focus for home buyers rather than investors, ensuring that markets develop in a sustainable way.

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