MT EASTMARK CITY – SOLUTIONS TO THE PROBLEM FINDING THE “PRICE VALLEY” IN THU DUC CITY
When the real estate price level is already at a high threshold, people have a need to move to buy real estate to places called “price valley”, but the problem of finding “price valley” is extremely difficult in the current context especially in the East area of Ho Chi Minh City, Ho Chi Minh City. Thu Duc.
The problem of finding the “price valley” in the East in the context of escalating real estate prices
Real estate prices in the East Saigon area have increased continuously with many fluctuations in recent years, causing the selling price to reach nearly 58 million VND/m2, which makes it difficult for real buyers to find an apartment with a reasonable price. According to a report by Batdongsan.com.vn, most of the projects in the East area opened for sale from the beginning of this year until the end of the year are priced from 60-90 million VND/m2. This price has exceeded the range of the majority of customers with the age group from 26 to 45 years old and middle-income workers in Vietnam.
Mr. Vo Huynh Tuan Kiet, Director of CBRE Vietnam’s housing division, acknowledged that this is an imbalance in supply – demand in Ho Chi Minh City. Projects are pushed up in price, so most real estate has prices for the high-end and luxury segments. However, this niche only accounts for a small group of the large population with real housing needs.
Currently, Thu Thiem area with the primary price of a project ranges from 7,000 – 9,000 USD/m2. This makes most buyers intend to shift their demand to more remote areas to find an apartment with a satisfactory price. However, in the East area, there are still projects in the “price valley”, which can be named high-class MT Eastmark City apartment with the price of 39 million / m2 – considered a rare project in the middle of the “price fever” period of real estate.
The “solution” of high-class MT Eastmark City apartment at the price of 39 million/m2
MT Eastmark City is a complex located on 3 fronts of Ring Road 3 – Lo Lu – Truong Luu, the “impulse” to develop the inter-regional face of the whole Southeast. Not only satisfying the location factor, the project also ensures practical values such as scale, utilities, handover quality and especially reasonable price from only 39 million/m2.
With this price, the project opens up opportunities to increase prices in the following years, when the roads as well as key works such as Long Thanh airport are completed.
For those who have real housing needs, MT Eastmark City is the “solution” to the “problem” of finding a house in the East of the City with an extremely “soft” price, but with high-class European-standard furniture, a comfortable living environment in the heart of the city. with more than 100 utilities, the most comprehensive and methodical planning in the area in the same price range.
Many experts in the field of Real Estate assessed that, within the next 3-5 years, those who are quick to own an apartment will soon receive a large profit margin at MT Eastmark City – a complex that owns the location ” gold” in the Thu Duc city.