Take a look at real estate types in Vietnam
Real estate is always one of “hot” investment types bringing the high profit. However, not everyone is successful and has the right investment methods. In order to gain the high profit and limit investment risks, investors must have an overview about the real estate market. For that reason, Saigon Apartment would like to bring you detailed information about real estate types in Vietnam as below:
1. The first real estate type: Apartment
Apartment is a very popular real estate type in big cities with the strong development. Here, the land fund is scarce day by day but the demand is increasing. Urban residents want to live in modern apartments with the good location, comfort and high security. Therefore, the apartment real estate market is bustling with many segments from common to high-end. Because of having many choices, this type is suitable for many family models from large families, married couples to single people and so on. Those are the reasons why more and more investors join in this lucrative market.
2. The second real estate type: Townhouse
Townhouse is a type of real estate including: project townhouse and residential townhouse. This is the most popular real estate type in the market. In addition to the value of apartment, the customer owns not only the land area but also the land value over time.1
This is not a new investment type but has not cooled down because the demand is always good. With the scarce land fund as present, this type always attracts a wide range of investors. Yet, the initial capital to own houses in the city center is not small and their price is under the fluctuation of real estate market. Thus, they are noticeable points towards new investors.
3. The third real estate type: The ground
This is a real estate type that has been around for a long time and still belongs to the leading investment segment in the market because of its high return. The ground is divided into 2 types: free ground and project ground. Therefore, you need to learn about the investor and related legal documents carefully before deciding to invest.
In recent years, when the market is gradually narrower because there is not much land available, the ground market has become active again. Investors, especially those with little capital, often look to environs to invest in the ground. The market gradually expands to neighboring provinces of Ho Chi Minh City such as Dong Nai, Binh Duong, Long An,…
4. The forth real estate type: Resort real estate
The development of Vietnam has led to the development of tourism and service industries. More and more customers come to beach resorts, restaurants and hotels. Grasping this need, a new real estate type is formed and developed. That is resort real estate type.
Investing in resort real estate, customers can use both for living and business, bringing high profits. This type is usually developed in tourist cities and customers are those who have the high financial capacity.
5. The fifth real estate type: Factory land and industrial park
Currently, the industry is developing more and more strongly and the investment capital pouring in Vietnam also increases day by day. All enterprises have a need to find factories or warehouses to rent for production activities. Particularly, small and medium enterprises and foreign enterprises often look ready-make factories to save initial costs and limit risks. Therefore, investing in factory and industrial park construction is being a type attracting many investors.
6. The sixth real estate type: Shophouse
Shophouse is also known as a commercial townhouse. This is a new model house, including housing combined with business shops. Although Shophouse has a long history and becomes popular in the world, this type has just appeared and blossomed in Vietnam in recent years together with real estate projects and is becoming a new real estate investment trend.
7. The seventh real estate type: Officetel and Condotel
Like Shophouse, Officetel and Condotel are new real estate types in Vietnam. However, these types are expected to be favored in Vietnam in the future when the industry is increasingly developing.
- Officetel is a type of real estate combined between offices and hotels. As a multi-functional apartment type, you can both work and stay overnight. Officetel is absolutely suitable for foreign experts or youth entrepreneurs.
- Condotel is a type of real estate combined between apartments and hotels. This is an apartment type designed with full of functions as a high-end apartment. The only difference is that each room will be owned by an individual instead of a shared owner.
8. The eighth real estate type: Boarding-house
Currently, the demand of boarding-house hiring is very high, especially in big cities due to the high job market. If apartments are for investors with big capitals, boarding-houses are for small and medium capital investors. Just building a row of boarding-houses, not focusing too much on utility or design, still attracts customers.
Above are the popular real estate types in Vietnam. This information will help investors having an objective view to find suitable investment types. Investors can limit risks and increase profit through learning carefully about investment types that they are interested in.
Below are some articles about the real estate market as well as some apartment projects in HCMC, investors can refer to:
View of the real estate market in District 2, Ho Chi Minh City
The Metro line 1 and real estate market
The River Thu Thiem Apartment – How is it valuable?
Analyzing article towards The Metropole Thu Thiem project
Dennis
