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New project
Video
news
Ho Chi Minh City Real Estate Covid period
Facing the epidemic Covid 19 is still a global threat. The general business situation of all professions fell into a deadlock. The Real Estate industry also suffered many losses from this chronic epidemic threat.
In the past, after the Lunar New Year, real estate agencies in the real estate market nationwide in general and in Ho Chi Minh City in particular would be bustling right after Tet. Nowadays, it is still lumbering around looking for the real source of demand. Despite knowing that the prices of land and apartments in Ho Chi Minh City are continuously increasing day by day, buyers are always cautious and hesitant. Because most people who have money to do business and invest in real estate are looking for income from other fields such as tourism, restaurants, restaurants, and so on. Over many years recently, most restaurants, hotels and eateries have not had customers, because the tours are mostly canceled due to pandemic. Therefore, those with money, they often choose to safely save money, buy gold, buy dollars so that when they need quick liquidity, they can easily liquidate or withdraw from the bank.
Step through to 2021, although the epidemic disease situation in Ho Chi Minh City is still under strict control by different authorities at all levels. However, the level of pandemic impacts from the world to our country is remarkable. Since most of the international commercial flights are not yet allowed to operate. When the tourism market is still quite bleak, with the absence of customers, almost all related professions will also decline, if not tragic.
Currently, apartment prices in Ho Chi Minh City are still at a relatively reasonable threshold for most buyers. But on the trading floors, the trading activity, changing the owner name is still only sparse and quite deserted.
As soon as there was news that the three districts of Thu Duc, District 9 and District 2 were merged to become Thu Duc City, the land price was constantly increasing. However, to find buying demand is really fragile. Buyers are still not interested. Most people have the same mood, fear that buying is easy, but selling will be a problem. With the current epidemic so long, hardly anyone can predict exactly what will happen next. When a series of companies were closed, workers were out of work. Wages have not increased, the unemployment rate has also increased. That is why people always avoid and find ways to hold their money in the safest way.
However, compared to the real estate market in surrounding areas, the real estate market in Ho Chi Minh City still has many bright spots. Somewhere apartment projects are still interested in investors. In some districts and districts that are preparing to merge to become a cluster of small cities directly under Ho Chi Minh City, there is also light on the exchange.
Real estate, although a bit sluggish, is a product with high economic value, bringing the highest profit to customers. And as ancestor used to say in the old days, "Earth inch, golden inch". Please boldly invest so that you become rich people in the near future.