Low-rise real estate investors are back in the game
According to the Vietnam Real Estate Brokers Association, in the first quarter of 2024, the transaction volume of low-rise segments, land plots improved significantly, with good liquidity, accounting for 40% of the transaction structure, reaching 2,500 transactions, triple the number compared to the same period in 2023.
Industry experts believe that the market heat is gradually spreading to the low-rise segment, as these are investment products favored by the wealthy, offering high returns, safety, and financial leverage.
According to market surveys, the selling prices of low-rise products, land plots continue to maintain a stable trend with an increase of about 2-3% compared to the previous quarter. Actual records show that the prices of shophouses in Hanoi range from 100 to 140 million VND per square meter, and even at projects like The Manor Central Park, the selling price can reach up to 460 million VND per square meter. In the markets surrounding the capital, such as Bac Ninh and Bac Giang, shophouse prices fluctuate between 70 and 90 million VND per square meter.
In this context, the Lam Son Nexus City project introduces low-rise products to the market, including shophouses located in a prime location in the center of Bac Giang city, offering attractive liquidity.
Especially with a selling price of only 50 million VND per square meter, 20 million VND lower than the average, and completed exterior finishes, Lam Son Nexus City offers a significant price advantage over other projects.
Launching a well-priced product in a context where the market lacks new primary supply, the investor of the Lam Son Nexus City project expects this to be a product that catches the new price cycle, helping investors maximize profits from the early wave.
Nexus Boulevard – Where Commerce Converges
The potential for price appreciation of Lam Son Nexus City shophouses comes not only from the selling price but also from its prime location in My Do ward, Bac Giang city, where “a hundred confluences meet at one intersection”, converging the major routes of the city.
Lam Son Nexus City township owns a direct and bustling trading position
With 92 shophouses facing the 48-meter-wide boulevard and directly adjacent to four 11-story social housing buildings with a capacity of 1,550 people, the “convergence” location of Lam Son Nexus City will create an intersection with a strong sense of connection, concentrating the busiest business activities in the area. All “lifestyle” flows will pass through the main shophouse axis of the project, forming a “stream of experience” with the most modern and synchronized services in the area.
Currently, there are 6,856 foreign workers in Bac Giang province, most of whom are experts and senior leaders of large international companies and groups. In addition to the residents living in the project, this large number of foreign experts will be the main force consuming the products and services offered by the shophouses in the project.
Therefore, Lam Son Nexus City will be a pioneer project in Bac Giang, introducing a profitable real estate model through shophouses, allowing owners to maximize passive income. Observations in some townships in major cities show that rental income from shophouses is quite high, with an exploitation rate of 8-12% per year, and in some good business areas, profits can even increase by 10-15% per year.
To enhance the business value for investors in the project, each shophouse in Lam Son Nexus City is designed with a flexible 3.9-meter-high ceiling for commercial exploitation, featuring five versatile floors to fully deliver on the investment value, making it a worthwhile place to live and invest in. All shophouses in the township are equipped with elevator systems.
Shophouses offer opportunities for business, rental income, and a legacy asset for future generations
Not only focusing on investment value, the project also brings residents a harmonious living space with nature through seven green parks and a synchronized system of utilities, including two parking lots, four social housing areas, schools, and outdoor playgrounds.
The project is currently open for sale with many attractive incentive policies: Immediate gift of an interior package worth up to 450 million VND; gift of 01 taels of SJC 999 gold; and support with a 0% interest rate for 24 months. Especially, customers also have the chance to win a VinFast VF8 car worth 1 billion VND when making a transaction at the project.
With its prime location, transparent legal procedures, and high potential for price appreciation, Lam Son Nexus City (Residential Area No. 2, Northwest Area, Southwest Urban Area) promises to be a product that catches the new price cycle of Bac Giang real estate.
Project Investment and Development Unit: SGO Real Estate Investment and Trading Joint Stock Company (SGO Land)
