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Hanoi Real Estate: Hot but not "churn

Previous measures of the Government's strong management, investors tend to move funds from gold, dollars into real estate market.

Article coincidence that as soon as the money started showing signs of navigation, a variety of projects in Hanoi was opened for sale. The market remains quiet, but a series of real estate companies on tactical launch in the market. Many businesses say this is an opportunity towards people with housing demand to stay.

Last weekend, Investment Corporation and Vietnam Hung Urban Development (Vihajico) both offer modern apartments Vibration Ecopark projects in Hung Yen rates over 20 million m2.

Earlier, Construction Enterprise No. 1 private Lai Chau also launched more than 400 apartments in housing projects Bemes Bridge Park tumor. 20.5 million m2 price immediately attracted the attention of investors. So within two days to sell, almost all of these apartments have been sold.

Not only projects in Hanoi, a number of projects in neighboring provinces were placed under the state "Fire" right from the opening sale. Investors Residential Projects Senior Nguyen Quyen, Bac Ninh, said the 100 units and adjacent villas offered in Hanoi, just opened its first session had 50 investors Hanoi registration.

According to Le Thi Lan Anh, Deputy Chairman Standing Club Hanoi Real Estate, the money flow is shifting toward the property should the small investor is likely to "hunt" the projects with affordable prices, fluctuating around 20 million m2 landmark.

With this milestone, the money to own an apartment will be around 1.5 billion. Investors fully expect huge profits thanks to price increases in the long run.

Besides, land transactions in peri-urban areas are also quite exciting developments. Ms. Lan Anh said that in recent years, she has received many requests to purchase land advice in areas such as eastern England, Thach That, Quoc Oai, even the.

"Peri-urban Land, especially in districts like Thach That, Quoc Oai does not have to sell goods to where the fire had come. Even residential land and services in these areas are also in shortage, "Ms Lan Anh said.

Mr. Ngo The Vinh, Director of Real Estate Exchange Gia Vinh also said that although the overall market is still pretty bleak, but still has bouts of hot local navigation due to certain investors . Strongest price increase not to mention the area, Me Linh, Thanh Ha projects and some suburban areas.

However, Mr. Vinh also said that the capital investment drawn from gold, dollar and stocks are not large enough to throw in the real estate is not enough to immediately market the island could stir.

"From now until mid-year, the market can hardly be a major waves in the context of capital for real estate are being tightened. Land prices in the near future despite the increase, but can not 'fever', "Mr Vinh said.

According to Ms. Lan Anh, also during this gloomy market, investors would have many advantages, especially for the price.

According to Vietnam +
Views: 870 - Updated on: Mar 28th 2011, 10:24 AM
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