Attractive Investment Opportunities with High Returns
Anh Hùng, a resident of Thu Duc City, shared that he recently withdrew his 2 billion VND in savings from the bank due to the continuous decline in interest rates since 2023, which have not recovered as expected. Meanwhile, the real estate market has witnessed a resurgence, with many potential projects being launched.
Mr. Hùng is not alone in his decision, as many others are also turning to real estate as a more attractive investment option. This is evident from the positive response and high sales rates at newly launched projects. However, according to Savills, only 18% of the primary supply in the first half of 2024 was below 3 billion VND, catering to the affordable segment and located more than 10km from the center of Ho Chi Minh City.
In the second quarter of this year, apartment prices in Ho Chi Minh City continued to rise, increasing by 9% to reach nearly 87 million VND/sqm, as per Cushman & Wakefield. Long-term rental prices also saw a 5-7% increase, averaging 7-14 million VND/month for apartments in the C and B categories, located 15km from the center.
The Emerald’s strategic location on two main roads, including the expanded QL13 with a width of 60m and Vinh Phu 16 Street, just 800m from the boundary of Thu Duc City, is a key factor in its appeal.
In contrast, Binh Duong, which has experienced a surge in apartment supply in recent years, offers an average selling price of 38-42 million VND/sqm and rental prices ranging from 7-12 million VND/month. Notably, the “gateway” area to Saigon, such as Vinh Phu ward in Thuan An city, commands a premium of 10-15% over the average, with selling prices of 47-55 million VND/sqm. However, rental prices in this area are significantly higher, up to 35-40% above the average, reaching 9-15 million VND/month.
The high rental demand and occupancy rates in Binh Duong can be attributed to the presence of over 50,000 experts and workers in the local industrial and high-tech parks, as well as the second-highest immigration rate in the country at 26.4%. Binh Duong, and Thuan An in particular, have become attractive destinations for young families and individuals seeking quality living spaces that offer quick connections to the city center.
Binh Duong’s appeal is further enhanced by Decision 790/QD-TTg, which outlines the province’s development into a centrally governed city by 2030. This decision is expected to significantly impact real estate prices in the area, explaining the continuous flow of both residential and investment capital into Binh Duong in recent years.
Thuan An, specifically Vinh Phu ward, is an attractive choice due to its proximity to Ho Chi Minh City (just 1km away) and convenient access to District 1, which is only 11.5km away and faster to reach than from many inner-city districts of Ho Chi Minh City. Additionally, Thuan An offers a high standard of living with a range of international-standard commercial, service, and healthcare facilities, including Aeon Mall, Lotte Mart, International Happiness Hospital, and Columbia Asia Hospital, all located along QL13.
The 11.5km Radius: A Strategic Location Advantage
One customer shared, “With the expected handover of the project in Q3/2026, an initial investment of just 400 million VND is required, and a monthly rental income of approximately 15 million VND can be achieved, resulting in an impressive 45% return on the initial capital. This is far more attractive than the current bank savings options.”
The project’s strong foundation is further reinforced by the reputable duo of developers, Le Phong Group and Coteccons, along with Anabuki Japan, who bring over 30 years of experience in management and operation services. There is confidence that the “Emerald” will become a symbol of high-quality services for its residents.
Nguyen Bao Khue, CEO of DKRA Vega and Project Sales Director, shared, “Following the success of our previous project, The Emerald Golf View, which was completed three months ahead of schedule and with quality as promised, we believe that The Emerald 68 will set a new standard for luxury living in Binh Duong. With its potential for rentals of up to 15 million VND/month and the established reputation of the ‘Emerald’ brand, The Emerald 68 is an even more appealing choice for both homeowners and investors.”
The Emerald 68 offers competitive rental prices comparable to those in Ho Chi Minh City, while its selling price starts from only 1.68 billion VND/apartment, just half the price of similar apartments located 15-18km from District 1.
The Emerald 68 boasts a rare “triple advantage” of location, legal status, and amenities. Located on three main roads, including QL13, Vinh Phu 16, and Vinh Phu 21, the project is just 1km from the boundary of Ho Chi Minh City and 11.5km from District 1, offering superior connectivity compared to other areas like Binh Tan, Tan Binh, Tan Phu, Binh Chanh, Hoc Mon, and District 12, as well as some parts of Thu Duc City (former District 9). This is the closest one can get to the center of Ho Chi Minh City from Binh Duong, and it is unlikely that a project with such a strategic location will emerge in the future due to the scarcity of similar land plots.
With prices ranging from around 2 billion VND, equivalent to only 60% of the cost of similar apartments in the outskirts of Ho Chi Minh City, The Emerald 68 presents a valuable investment opportunity. DKRA Realty, the project’s Marketing and Distribution General Agency, is offering attractive payment terms: only 20% until the handover of the apartment, including a 10% down payment upon signing the sale and purchase contract, a 10% refund when paying quickly for 20%, and a 70% loan support from BIDV with 0% interest and principal for 24 months.
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