The fact that banks are lowering lending rates brings about positive changes in the property market, offering investors a hope that buyers will gradually come back to the market in the coming time.
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The fact that banks are lowering lending rates brings about positive changes in the property market, offering investors a hope that buyers will gradually come back to the market in the coming time.
At present, most project owners are applying flexible payment methods to lure customers. Buyers only need to make down payments equal to 30% of the apartment values and the remainder can be paid in installments in 2-3 years with no interest.
Kim Oanh Real Estate J.S Co. and Tin Khai Co., a subsidiary of Tin Nghia Group, have put up for sale the Lavender City project in Vinh Cuu district. The project consists of 544 townhouses and 71 villas priced from VND185 million per plot.
In addition, Phuc Khang Investment and Construction Corp and Thang Long Real Estate Corp have launched the joint project called Sunflower City in Dong Nai’s Nhon Trach district. Meanwhile, Dong Nai Rubber Real Estate One Member LLC is offering 80 commercial street houses and garden villas of the Green Town project in Trang Bom town at VND3.9-6.8 million per square meter.
It’s expected that the property market would witness better signs and investors would return to the market if banks slashed their lending rates further to stimulate cash flow.
Reported by P.V
