Despite the COVID-19 pandemic, real estate attracts numerous investors

According to Nguyen Manh Ha, Head of the Housing Management and Real Estate Market Department and Chairman of the VREA, the shift of production and installation of goods continues to shift to Vietnam, which will increase the demand for industrial real estate.

Real estate projects in Bac Ninh attract investors

According to many real estate experts, this market is still stable and is a good opportunity for investors to consider. With positive growth in 2020, Vietnam serves as alternatives to China for value chain transformation in Asia. Infrastructure development will stimulate housing demand. Complicated economic fluctuations have made most people more cautious than before, so the demand for affordable real estate still dominates this year.

In response to risks, many real estate firms have changed their product development strategies, targeting residential demand or rental investment. Investors still target the industrial real estate market to seize investment opportunities in apartments for rent. Eligible projects must mention Lotus Central or Park View City in Bac Ninh.

High profitability at Lotus Central

Lotus Central luxury apartment building is located on Ly Thai To street, Bac Ninh city. The project consists of one basement and 15 floors, offering 288 units. The project attracts both real homebuyers and investors. In the city center and near large industrial zones, the rental price of apartments here often is at 13-14 million dong/month. The rental potential will reach an impressive figure of about 12%/year, surpassing other big cities. Korean, Chinese, American, Indian, Japanese, and more experts have great demand for high-end housing. They are willing to rent a suitable and satisfactory place.

Lotus Central is a rare project with full legality. Customers can sign the sales contract directly with the developer and feel secure with long-term ownership. Another factor that makes Lotus Central interest investors is the construction quality. The project has been completed, available to be handed over, and is accepted by the Ministry of Construction.

5-star facilities at Lotus Central 

Not only investors but also real home buyers choose Lotus Central because of its 5-star utility system such as swimming pool, shopping mall, preschool, dance club, yoga. Near Hoa Sen Park, residents can enjoy the fresh and green air.

This is an opportunity for investors to own a product ​​in the potential market when in 2022 Bac Ninh city is to become a centrally-run municipality.