Venice-style villa in Tulip sub-area
Vinhomes Riverside – The Harmony by Vietnamese developer Vin Group is offering valuable investment opportunities, as villa and townhouse segments are heating up in Hà Nội.
A report by property services firm Savills showed that more than 1,310 villas and townhouses were sold in Hà Nội in the second quarter of this year, representing a rise of 126 per cent over the previous quarter and a whopping 4.5 times over the same period last year.
Supply in this segment, however, increased by a modest 4.8 per cent in the quarter. Thus, villas and townhouses, especially those of premium quality, are catching the eye of the investors.
Nguyễn Mạnh Hà, president of the Việt Nam Association of Real Estate Brokers, said that real estate prices saw slight increases in the first half of this year.
An investor said that Vinhomes Riverside was an ecological urban area which combined several advantages, such as prime location near the capital city’s downtown, environment-friendly living atmosphere, together with a developed infrastructure system and modern amenities.
Townhouses in the sub-area.
While the land fund near the city’s downtown was becoming exhausted, projects such as Vinhomes Riverside have become rare, the investor, who has bought a Venice-style villa in Tulip sub-area, said.
Townhouses in the sub-area with many of them overlooking a lake are also grabbing the market attention.
The Tulip sub-area is a prime location near a 12.4-hectare lake and four parks.
The developer is offering zero interest rate for loans worth up to 65 per cent of the villa or townhouse value in 18 months.
The project is expected to be handed over to the buyers from August 2018 onwards.