Find affordable apartments under 2 billion dong in Ho Chi Minh City

In the current scenario of scarce affordable housing supply, several developers have recently launched a range of apartments priced from 1-1.9 billion VND per unit, which has attracted a significant number of potential buyers.

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To achieve an affordable price for many people, especially young families, these projects are mainly implemented in neighboring localities of Ho Chi Minh City such as Binh Duong, Long An…

In particular, recently, Phu Dong Group has officially launched apartments at Phu Dong SkyOne project with prices ranging from 1.4 – 2.2 billion VND/unit located on DT 743C Street in Di An City, Binh Duong Province, bordering Ho Chi Minh City.

Project in Binh Duong with prices below 2 billion VND is being implemented

Phu Dong SkyOne has a scale of 5,615m2, a total investment capital of 1,100 billion VND, providing 780 apartments to the market with an area ranging from 42m2 – 72m2, with an expected selling price of only 1.4 to 2.2 billion VND/unit. Of which 75% are apartments with prices from 1.4 billion to 1.8 billion VND/unit.

According to Mr. Ngo Quang Phuc, CEO of Phu Dong Group, Phu Dong SkyOne is considered a project specially designed for young families, with affordable prices, small area, and more than 30 facilities such as: warm water pool, dining area,… spanning from the ground floor to the 4th floor of the building, fully meeting the needs of a dynamic and modern living.

Also in Binh Duong, bordering Ho Chi Minh City, Bcons Group has recently announced a project on the frontage of Thong Nhat Boulevard, connecting National Highway 1K to National Highway 1A (Dong Hoa Ward, Di An City, Binh Duong Province). The project is located right on Thong Nhat Street – the road connecting National Highway 1K and National Highway 1A. Each apartment in the project has an area of 50m2, 56m2, 58m2, 63m2, with a selling price of 1.9-2 billion VND/unit.

Prior to that, in Long An, the Joint Venture of Nam Long Development Co., Ltd (Nam Long ADC – a subsidiary of Nam Long Group) and Japanese partner Nishi Nippon Railroad had launched the sale of affordable EHome Southgate apartments in Phase 3 (within the 355ha Waterpoint urban area). EHome Southgate project covers an area of 4.5ha, including 7 apartment blocks developed in 3 phases. Of which, more than 700 products in phases 1 and 2 have been handed over. Phase 3 is being implemented with 3 blocks A1, A2 and B1 with 580 apartments expected to be handed over in the second quarter of 2024.

EHome Southgate borders Ho Chi Minh City, accessible via the Ho Chi Minh City – Trung Luong Expressway. Especially targeting middle-income customers with a monthly income of 15 million VND, EHome Southgate has prices starting from 1 billion VND for a 50m² unit.

At this project, customers only need to pay 30% in small installments until receiving the house, and at the same time, many banks offer loans up to 65% of the house value.

The latest report from Savills Vietnam showed that over the past 4 years, the price of apartments in Binh Duong has soared from under 30 million VND per square meter to 40-48 million VND per square meter. In which, Di An and Thuan An lead the price market.