Real estate businesses accelerate the progress of construction and handover of houses, ensuring prestige in the market

In the context of a difficult market, many real estate businesses still aim to ensure the progress of projects, handover on time to home buyers in order to maintain their reputation and also to have more revenue.

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Project West Gate, located in the administrative center of Binh Chanh district (HCMC), developed by An Gia Group and built with a total product of nearly 3000 units. Starting construction in the fourth quarter of 2019, by March 10, 2023, 95% of the whole project has been completed. As expected, the investor will hand over the apartment to customers in the second quarter of 2023.

The construction of the project is carried out in turn in stages such as: pile pressing, foundation work, rough construction and finishing. In particular, the final stage is the completion of construction and equipment installation for the apartment, which takes the longest time in the construction process.

Thanks to the participation of partners and efforts of the investor, the construction progress of the West Gate Project is quite fast. Accordingly, it is likely that the investor will hand over the apartment to customers before the third quarter of 2023, exceeding the expected plan.

Home Construction Company HT-Pearl is also implementing the final construction stages to hand over housing products. HT Pearl in the second quarter of 2023 and opened a special product basket of the project with a customer-oriented policy. The program "Hunting houses for gold, gently paying" was launched at the beginning of March 2023, in which, customers only need to spend 250 million VND to be able to own an apartment.

Owning now with only VND 250 million – understanding financial worries, HT-Pearl applies an attractive settlement support policy. Instead of having to pay 30% to be able to sign a Sales Contract, now customers only need to pay 9% - equivalent to 250 million. In the next payment, customers only need to pay from 1.5%/time.

Currently, the official selling price for the products of the HT Pearl Di An Binh Duong apartment project, right at the gateway of Ho Chi Minh City. Thu Duc is only from 32 to 34 million/m2. The selling price varies depending on the view direction, corner unit, contact us immediately to receive the latest price list directly from the sales department: 0911 525 454.

Also at the gate of the city. Thu Duc, Thuan An city, Dat Phuoc investor has also completed the construction progress on 95% apartment project area. The Rivana, located right in front of National Highway 13, next to Hanh Phuc International Hospital.

With 1023 apartment products, The Rivana continues to open for sale in the last phase, as well as the most beautiful of the entire project with a price of only 37 million/m2.

At the beginning of this March, Masterise Homes held the topping out ceremony of the Lumiere Riverside Project, Lumière Boulevard, Urban Area The Global City and complete the interior of Lake Tower branded apartments Grand Marina Saigon, at construction sites of projects located in the city. Thu Duc and District 1 (HCMC). The projects were started in turn in late 2020, early 2022 and had to go through a prolonged period of social distancing caused by the Covid-19 epidemic, but still ensure the construction progress. The expected handover time of the projects is in 2023 and 2024, respectively.

“I am very pleased to see the projects that have overcome all challenges to complete the rough construction, enter the finishing stage. This is a proud development for us and our partners and construction contractors, proving the prestige and capacity of Masterise Homes”, said Mr. Mahdi Samhouri, Deputy Director of Project Development Division and Deputy Director. Masterise Homes design block shared.

Maintain credibility with customers

The group of customers with available money will look at the construction progress and legality of the project to decide to buy real estate. Up to 80% successful transactions come from projects with solid legality and guaranteed construction progress as committed.

According to the analysis of Ms. Vo Thi Khanh Trang, deputy director of the Savills Research Department in Ho Chi Minh City, the fact that real estate businesses focus on speeding up the handover of projects is the way to keep their reputation with customers.

This market research unit has also surveyed successful deals during these difficult times. Accordingly, 80%'s successful transaction volume comes from projects with solid legal status and guaranteed construction progress as committed.

“That shows, the group of customers with available money will look at the construction progress as well as the legality of the project and consider this a decisive factor to buy real estate. That's something that investors should look at and focus on this year," said Ms. Trang.

Mr. David Jackson, General Director of Colliers Vietnam also said that,

The story of ensuring the progress of a real estate project is not worth mentioning if it is not set in the current market context. When the construction activities of projects face many difficulties and are interrupted because of the Covid-19 epidemic and especially the difficulties of the market, projects that still ensure construction progress are considered bright spots. , attracting the attention of home buyers. This also affirms the capacity of investors who know how to keep their credibility. They also face difficulties like other investors, but still attach great importance to project progress, which is also how they create trust for customers at this stage.

From the perspective of business leaders, a General Director of Southern Real Estate Company said that the real estate market is entering a period of strong purification, which will gradually eliminate incompetent units, do business in accordance with the law. kind of "snatching at the moment". Instead, there are businesses with good financial health, safe and sustainable development strategies. Enterprises with real potential and conducting drastic and right restructuring during this period will possess many great opportunities.

“In a time when the market is facing many difficulties, homebuyers should learn more about the legality and progress of projects. Incomplete project legality will have great risks and buyers should not invest. For projects that are halting construction, this also means that the progress of handing over the apartments will be difficult to ensure according to the plan that the investor has committed," noted Mr. Phi.

Customers can contact the above projects via Hotline/Zalo: 0911 525 454