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New project
Video
news
Economic expert: Having money "getting bottom" real estate the moment is "king
Billions of dollars from overseas will probably flow into property in Vietnam when the market has in good price and safety. The current price of real estate is considered the bottom and it will only increase. It is not be able to reduce anymore, so anyone have money to invest in the real estate at this time, there will have many advantages. That is the evaluation of experts when they talk to the real estate market between " Covid season".

Nhấn để phóng to ảnh
Thị trường bất động sản đang trầm lắng
Get down the money as soon as advantages
Bui Huy Hoang is 35 years old in Hanoi, he has worked in France for 8 years. He is going to buy a condominium in Lyon. Not many foreigners choose to do like that but with Mr.Hoang:"An cư lạc nghiệp" is still a traditional thought. However, when the whole Europeans are frighten because of Covid-19, thought of the National Economic University student was completely changed.
― "I never wanted to return to Vietnam as now. I am afford to buy a luxury apartment in Hanoi with saved money instead of just one average size apartment in Lyon. Income in Vietnam can be a little lower than before but in return, I save more because the cost of living in Vietnam is quite cheap, "said Hoang.
With the view of a financial expert like vice professor DR. Dinh Trong Thinh (Academy of Finance), the above plan will even become the trend with many Vietnamese in foreign. The situation of Vietnam is doing well in Covid-19 control, Vietnam is recognized by the world. According to him, many overseas Vietnamese want to come back to Vietnam, in order to work and live, so this thing will lead to have a large of money. "Having a house would be a top priority, so the property would have a chance to break out," Mr. Thinh said:
He said the statistics of the World Bank showed in 3 years from 2017 to 2019, Vietnam is in the top of 10 countries receiving the world's largest remittances. 13.8 billion dollars in 2017, 15.9 billion dollars in 2018, until 2019 is 16.7 billion dollars. This number will not only be the same in the coming time and certainly, a small part of the enormous amount invested in the land. So the market will heat up rapidly.
Mr. Nguyen Van Dinh, Deputy Chairman-General secretary of the Vietnam Real Estate Brokerage association even said that the foreign capital to the real estate not only comes from Vietnamese but also of foreigners. According to him, the crisis in countries such as China, Europe, America will be heavy and slow to recover than Vietnam. Investors of these countries will look at more attractive markets.
"The procedure for buying a house for foreigners in Vietnam is quite easy. Many luxury projects are opened for sale only after 1 day has been booked by foreigners. Vietnam is a place where has with the best profit ability in the eyes of foreign investors. “Whoever down money will have a big advantage, "he said:

Nhấn để phóng to ảnh
Ở nhiều nơi, giá nhà, đất đã giảm rõ rệt
Do not wait to "get the bottom" when the property price is at level"the cheapest price"
The foreign capital pouring into Vietnam has increased quickly ,it means the price of house in Vietnam will be warming up in the next time. So, right from now, buying a house early at a good price is what is being counted by many people.
― "Many people will buy the house at reasonable prices in the present moment, the investor is also easily looking for the potential products for their cart", GS. Dang Hung Vo, Minister of Resources and environmental assessment of the current market time.
In fact, according to Jones Lang LaSalle's latest report (JLL) Vietnam, in the 1st quarter of this year, the average apartment price was only 2,452 USD/m2, down 15% from the end of last year. A lot of nice location, good service earlier, if you want to own, users must accept pay a few price, it is now possible to save a decent amount of money.
Especially, many banks now have a support package for customers to buy houses with reduced interest rates and longer term. If there is a chance, the house buyer will have the "benefit " when both finding the best price and get a greater support than before.
Chances are possible but on some land house forums, a few families hesitate that the property can be frozen like in 2008-2009 period and home buyers will suffer heavy losses when selling. However, Vu Dinh Anh economic expert reflects that, it is completely ridiculous. In the crisis over decade ago, the cause stems from the financial sector due to excessive borrowing that comes with "bubble" properties. Meanwhile, the real estate price has been seemed "bottom" and will surely tend to increase in accordance with the rule.
Professor Anh reflects the need for real estate with a developing country such as Vietnam is very large and is predicted to continue to remain in 15-25 years. Meanwhile, the market is benefited by many knots on procedures, the process has been dismantled from the first month of 2020 as a guide to land use regime and certification of ownership works for Condotel, Officetel, the standard allows the use area of apartments from 25 m2 ,etc.
Therefore, according to him, in circumstance of volatility "hỗn loạn" of gold price, rates, interest,and so on. Then the property is still a safe channel and continues to pick up money. Especially, these products have a solid legal assurance, are highly liquidity and are provided by reputable real estate developers who have an absolute advantage.
The same viewpoint, the economic expert Vo Tri Thanh, the real estate is one of the few channels of investment is very interested in any circumstances. Because, "It starts from the needs of the market, of the life itself. Real estate is large property, large profitable capability, " Mr. Thanh analysis:
Therefore, with the experience of many years in the profession, Mr. Nguyen Van Dinh said that the investors is "looking for" quite a lot of money to expand. Now, anyone has a lot of money poured into the real estate, that person would do "king" – he concluded: