According to the authorities and companies specializing in research and real estate business: In the future, the housing market remains difficult, real estate prices can be reduced further, to the extent appropriate than with the real needs of customers, then leveled off and walked, consistent with trends in Ho Chi Minh City for several years. Because the current number of apartments remaining in Hanoi in about 16,000 units, while the apartments offer new plans in 2012 to more than 22,000 units.
However, according to Marc Townsend - General Director of CBRE Vietnam, although the percentage of sales housing, apartments in Hanoi successfully reduced significantly compared to the previous year (in 2011 only 45% higher than in 2010), but supply is plentiful.
The investor is hoping the public housing segment with affordable rates, fluctuating around 21 million m2 will recover, and has high resilience, in accordance with pockets of many people, especially the young couple. In addition, the elements of the construction schedule, house location, apartments near the city center or the park closed communities are distinct advantages to attract customers.
According to statistics of the real estate trading floor in 2011, the number of successful transactions of the small flat area is very dynamic, including apartments is located far from regional centers such as Van Canh, Le Van Luong long, Long Bien or Liem ...
Mr. Nguyen Manh Huy, Assistant General Director of Nam Cuong Group, said that when the real estate market is slow liquidity, bank policies have not been relaxed, the market is unbalanced when the high-end, the large area is saturated, the investors must navigate to clients who have real needs. The apartment has an area of 40-70m2 with approximately 1 billion, plus the payment schedule is divided into several tranches of finance will suit many people.
Supply of real estate market in Hanoi in 2012, CBRE said some market segment has seen continuous price decrease in last 3 years, but most market segments are the source New supply coming from the western region. For example, the office market has received a new area of 128,000 m2 in 2011, causing vacancy rates to a record 48% increase in area and 27% of the overall market.
To fill this area and about 200,000 m2 area continue to supplement this year, the office rent is expected to decline further to persuade customers to change and expand the office. In addition, the vacancy rate in hotel projects and apartment rental services in the western region which would be increased, due to large supply soon be added.
Before the decline and quiet trading market, Luong Tri Thin, general director of the Green Land Real Estate Company said that the real estate market this year will not have many mutations, is still a difficult year . However, this potential will be in a lot of opportunities. Dragon's assessment based on real estate is a very reasonable price and the cycle is reduced in the final stages. Demand for real estate property in the future will be still higher when young people interested in continuing in the service apartments have high utility.
Marc agrees with this assessment when projected, 2012 will be a year that investors can gain profit from the opportunities in the real estate market. Year by year will be more realistic for investors when the market has witnessed a continuous decline in three years, the investment flow into this market segment and customer restrictions not salty but again, many clients have housing needs are monitoring the situation outside, waiting for the "bottom". In addition, gold prices are high, while gold prices showing signs of collapse, investors will move profit from this channel investment into real estate investment.
On the other hand, along with real estate projects about to be completed, the infrastructure of Hanoi will have a new face in the next few years, the area of Hanoi will be connected through the system elevated highways, urban railway and the new bridge. Thus, the housing market or the area east of the suburban districts are also becoming more attractive by no barriers of distance. /.
TTXVN
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