Timeline of New-Launched Projects in 2nd Half 2022
Vietnam’s GDP in 2022 Q2 is 7.7%; plus, influx of FDI, unprecedented expansion of the middle class, township development and a series of recent infrastructure projects are boosting Vietnam’s economy in general and Vietnam’s housing market in specific.
The above high score comes from Vietnam’s ability to attract massive FDIs, as well as the government’s countless efforts to maintain its economy:
- Attractive tax incentive for foreign businesses
- High level of investment into its local infrastructures (international airport and metro system)
Let’s eye on the upcoming new-launched projects in Ho Chi Minh City and nearby, the hottest investment hotspots in Vietnam:
Timeline of New-Launched Projects in 2nd Half 2022
Summing up 1st Half 2022
- Sold-out is no longer maintained in launched projects in the 1st half of 2022: Urban Green phase 2 (90%), The Alpha Residence phase 1 (90%), Zenity (85%)
- Credit tightened by banks
- Liquidity slowing down in secondary market as cash flow in this timing is still under post covid recovery phase
- Residential & office renting bounces back strongly, reflecting economy recovery
What’s next in 2nd Half 2022
- Credit tightened has wiped out local speculators, giving more room for both local and foreign decent buyers to get desirable property
- New-launched projects are still limited, coming in higher price if located in prime location: Eco Smart City, The Metropole Thu Thiem phase 4, Empire City MU3…
- New launched projects’ price will be better (lower) in the East of Ho Chi Minh City, Thu Duc City: The Alpha Residence, Lumière Boulevard…
- Resale property may have better liquidation when price of new-launched projects keep increasing
- Remaining available property from launched projects with good incentives will be also good to consider: Urban Green phase 2, Zenity, The Alpha Residence Phase 1…
For details of property investment consulting, please feel free to contact Realtique.
Realtique Co., LTD
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