The wave of rental apartments has boomed since 2015, when the property market has recovered, especially in hot spots in the East of Saigon, such as apartment for rent in District 2. This causes many people to be afraid of adverse effects when supply exceeds demand, price does not match the quality.
However, experts affirm, “Despite the market fluctuations, the project has the position of connecting the complete infrastructure, ensuring the real value will always keep the stability and high profit margins”.
District 2 apartment investment – Need to be hurry to assure the good position
This is true of the case of Thu Thiem Urban Area in District 2, which will be the new financial and administrative center of Ho Chi Minh City by 2020. This is considered to be a promising “emerging” area. Beside the traditional markets for rental apartments such as Thao Dien and Binh An – which has been the destination of foreign tenants for more than 10 years.
Thanks to the strategic link with District 1, Thu Thiem has many advantages with a series of works and transport infrastructure has been developed and synchronized for the future as Metro No.1. These are high-tech zones and offices and factories of large corporations such as SamSung and Silicon Valley. Experts and senior management of foreign companies working in these companies and also in District 1 are expanding their search for apartments for rent in Ho Chi Minh.
For this reason, apartment projects in Thu Thiem area, especially on Mai Chi Tho Avenue, are being hunted continuously. In addition to large projects with more than 1,000 apartments, the remaining projects are almost out of stock and prices inched up in just a few months. Therefore, when Centana Thu Thiem – one of the rare projects remaining on Mai Chi Tho street, said that it will introduce 300 beautiful Saigon apartments for rent, which created a positive effect to attract large crowds.
Centana Thu Thiem has been waiting for its unbelievable price of just 2.6 billion Vietnam Dong per unit with a beautiful location on the important road connecting District 1 with just 5 minutes drive. This is also the only project that owns the key location at the intersection of five major roads in Thu Thiem urban area including Mai Chi Tho, Luong Dinh Cua, Nguyen Thi Dinh, Long Thanh Dau Giay expressway and High speed paragliding.
The knowledgeable people quickly give the money away to reserve the apartment, because seeing the opportunity to make a profit from the potential development of the region and the low price in the context of the apartment nearby. the average price is 40-50 million Vietnam Dong per m2.
District 2 apartment investment rental income up to 10% per year
Ms.Truong Thi Ngoc Trinh, General Director of Rio Land Company, the developer of the project said: “The investor is the company Dien Phuc Thanh has more than 10 years of development projects in the East and owned a clean land fund, beautiful location from very early. Together with other co-investors Phuoc Thanh Construction Company and Thu Thiem Investment Joint Stock Company, these experienced units have poured in to make Centana Thu Thiem apartments the most competitive. In the area, but still fully equipped with “5 stars” for business people.
Thanks to this attractive “input” price, plus the average apartment rental price of $700- $1500 per 2 – 3 bedroom apartment in District 2 area, surely the Centana apartments have Can earn a sustainable rental income up to 10% per year. Besides, the commitment to lease up to 240 million per year continues to be the plus point that people have to spend money to keep peace of mind.
The light payment method and flexible 2% per month also make the visitors more brave when deciding to buy. For those who already have their spare cash available, a discount of 9% on one-time payments is a huge advantage. “Often with other apartments, the discount for one-off payments is only about 5%” mr.said Duc Tam – a buyer.
What makes investors confident in the output when considering the apartment for rent in District 2 is the standard high-end luxury designed for young entrepreneurs. Potential for business in Thu Thiem that many people have noticed, but the project developed exclusively for this segment is almost only Centana Thu Thiem.
The project provides a lot of space to support the work of businessmen at home such as five-star meeting room, Business Lounge, reception, photocopy, printer, etc. Each apartment is equipped with office It can be arranged into a working room, a library, a reception place.
This is also the only project that has an office-tel office area with nearly 200 separate apartments for rent in Ho Chi Minh located next to the apartment complex, meeting all the needs of living – work – entertainment in the same place. This highlight makes many people appreciate
These are some information for people, who are looking for a convenient Saigon apartments for rent but with the reasonable price. However, you need to be hurry, because there are not many chances left for this golden project, good luck!
Thang Tran – Mogi.vn
