Real Estate Market Poised for a New Wave of Price Increases
Based on observations, real estate market trends since the beginning of the year indicate that the market hit a low in Q1/2024 and has since reversed course and begun an upward trend. This is due to several factors, primarily: a shortage of new supply, increased demand from buyers seeking safe havens, and favorable government macroeconomic policies…
Reduced supply, rising prices: According to statistics, the primary supply of single-family homes and townhouses reached 665 units across 16 projects, a 6% quarterly decrease and a 12% annual decrease. However, since the beginning of this year, sale prices in the Hanoi market have risen sharply, averaging VND 190 million/m2, a 4% increase compared to the end of 2023.
Centa Riverside 2 opens for sale at a time of market scarcity
Seeking safety in real estate: Amidst continuous fluctuations in exchange rates, gold, the stock market, and other financial investment channels, “playing it safe” by acquiring real estate remains a priority, especially considering properties with solid legal foundations. Notably, there is currently approximately VND 8 trillion in deposits at banks, and given record-low interest rates, this is likely to spill over into the real estate market, making it a prime destination for capital.
Positive impact of regulatory policies: The enactment of the Land Law, the Housing Law, the Real Estate Business Law, and the Law on Credit Institutions has met the need for comprehensive and synchronized policies and legislation. These documents have helped to create a more level and transparent playing field for real estate developers, “delivering real value and meeting real needs”.
Centa Riverside project has officially started taking reservations since April 2024
Centa Riverside – A Prime Location, Unleashing Prosperity
Located within the 160-hectare Centa VSIP Township – a leading integrated urban area in the heart of the Capital Region, Centa Riverside stands out within the metropolitan tapestry of the Capital Region and holds particular appeal for investors due to its advantageous location and access to amenities: just 20 minutes from Hanoi, with easy connections to the capital’s infrastructure, Noi Bai International Airport, and international seaports and border gates. Centa Riverside is also positioned by the developer as the heart of the VSIP Bac Ninh Township and Services Area and enjoys a prime “near-city, near-river, near-highway” location. From Centa Riverside, residents can conveniently reach any destination.
Centa Riverside offers world-class amenities in line with Singaporean standards, yet at a highly competitive price point, only half of the market rate, and with direct sales from the developer starting at just VND 45 million/m2, comparable to condominium prices in downtown Hanoi. Additionally, Centa Riverside boasts complete legal documentation, enabling seven major banks to offer loans of up to 70% of the property value, with a loan term of 30 years and a grace period of 12 months on principal and interest payments. This policy provides investors with excellent financial leverage.
Centa Riverside, a notable project in the heart of the Capital Region.
Moreover, the developer offers flexible financial support programs and total discounts of up to 5%. Of particular note is the “Buy a Luxury Home, Win a Luxury Ride” program with prizes worth up to VND 3 billion. With this program, investors need only have an initial capital of VND 2 billion to own a thriving commercial shophouse, while VND 3.3 billion will secure a vacation villa nestled beside the pristine Duong River, bestowing good fortune upon its owners.
Centa Riverside – Worthy of Residence, Ideal for Investment
Centa Riverside is surrounded by amenities, with a central park spanning up to 7 hectares, a maximum building height of only 3 stories, and 40% of the area dedicated to green space and water features. Notably, the project features a limited inventory of just 44 shophouses, the last commercial townhouse units on the 61-meter-wide Huu Nghi Boulevard, a major thoroughfare connecting three major industrial zones – VSIP-Tien Son-Dai Dong – where hundreds of thousands of managers, experts, engineers, and workers reside, ensuring a vibrant business environment throughout the year.
Currently, investors are gravitating towards real estate products that integrate high-tech industrial zones and urban areas, locations that host a large population of foreign experts and professionals. These areas provide ample opportunities for property rentals and business ventures, generating cash flow and facilitating easy liquidity. Industry experts refer to these products as “dual-profit” investments, where the cash flow generated during ownership stimulates property appreciation over time
Centa Riverside exerts strong appeal due to its potential and advantages
Building on the resounding success of Phase 1, where all units were sold out on the first day of sales, the Centa Riverside 2 project, launched at this time, meets the market demand for genuine products that offer real value. Furthermore, the shophouses and villas at Centa Riverside are not merely places to live but also enable homeowners to cultivate their spiritual values and express their individuality. The project simultaneously fulfills the criteria sought after by the elite: a prime location, abundant amenities, a healthy ecosystem, and absolute privacy. These factors combine to create Centa Riverside, a magnet for investment in the heart of the Capital Region
For detailed advice and information on potential products, customers are kindly requested to contact Viet Nhan Bac Ninh
Hotline: 0969.64.0002
Website: https://centariverside.vn/
Or visit and explore the project in person to gain a clearer understanding.
