The Capital’s Commercial Cash Cow: Why Investors are Flocking to these Ground-Floor Apartments

According to investors, this is a promising product line in the current market as it serves as both a valuable asset and a stable source of profit from business operations. To generate safe and sustainable cash flow, CBRE suggests that investors consider factors such as location, transportation connections, population density, and the ability to integrate with neighboring commercial areas.

Potential from Existing Customer Base

Along with the decrease in condo supply over time, there has also been a scarcity of commercial service apartments. In this context, the commercial service apartments on the ground floor of Akari City (Hoang Nam residential area), phase 2, have caught the attention of many investors due to their advantageous location and potential for value appreciation.

Akari City is strategically located on the frontage of Vo Van Kiet, a major thoroughfare in Ho Chi Minh City, particularly in Binh Tan district. This location facilitates trade and commerce. Binh Tan is also one of the two largest and most populous districts in the city, with approximately 820,000 residents according to the latest statistics, creating a massive consumer market. Once operational, the commercial service apartments on the ground floor of Akari City, phase 2, will provide a quality shopping, entertainment, and leisure destination for Binh Tan residents and visitors alike.

In addition to serving the existing customer base, these ground-floor commercial apartments in phase 2 will cater to the shopping needs of over 5,000 Akari City households. Phase 1 is already home to nearly 2,000 families, and with the upcoming delivery of nearly 1,700 apartments in phase 2 by the end of this year, thousands more families will move in, providing a steady and abundant customer base for the commercial service apartments.

The appeal of this product lies in its rarity—only 17 units are planned along the commercial boulevard, which has a width of up to 42 meters and is centrally located within the 8.5-hectare Akari City development. Along this boulevard are important amenities and services, such as office spaces and a 2,500 sqm light square, forming a vibrant shopping, entertainment, and community hub for Akari City residents and the wider community.

Just a short walk away is the 1.8-hectare Ngo Thoi Nhiem school, providing a potential customer base for commercial and service establishments. This means that business owners will always have a bustling marketplace, and customers will easily find the services they need within walking distance.

With their diverse areas and smart designs that optimize every square meter, the commercial service apartments at Akari City are suitable for various business models, including convenience stores, supermarkets, restaurants, cafes, and more. Previously, the commercial apartments on the ground floor of phase 1 have already commenced operations, hosting well-known brands such as GS25, KingFoodmart, Ministop, Highlands, and pharmacies.

Commercial service apartments in Akari City, phase 1, have welcomed many brands to expand their business operations.

Practical Sales Policies

The commercial service apartments at Akari City that are being introduced to the market come with practical sales policies. Customers can enjoy a 40% payment plan with multiple installments until the handover of the property, with an initial payment of 15% upon signing the sales contract. The strategic bank offers a preferential interest-free and principal-free loan for up to 18 months.

For those who choose not to take out a loan, the developer offers a 6% discount on the property’s value. Additionally, a VND 200 million bonus is offered for successful transactions made in July. By purchasing now, customers can take advantage of the full range of incentives from the developer while optimizing their cash flow and profiting from the ability to receive the property and start their business operations in Q4 of this year.

Akari City, phase 2, is on track to meet its construction deadlines and is expected to be delivered by the end of this year.

Currently, the four towers of AK7, 8, 9, and NEO in Akari City, phase 2, are maintaining their construction progress, aiming for delivery in Q4 2024. The developer, contractor, and supervision and consulting partners are working closely to expedite the completion of the exterior and interior finishes of the apartments, commercial units on the ground floor, and internal amenities. Once operational, the commercial establishments on the ground floor are expected to bring a vibrant and bustling atmosphere to the western region of Ho Chi Minh City, offering diverse entertainment and leisure experiences for residents and contributing to the transformation of the area.