GROUND LAND KEEP THE MARKET IN THE YEAR 2021

With the concept of "gold square", ground land still has advantages to become investors favorite investment channel. Experts forecast that in 2021, land plots will still be one of the leading segments in the market.

Ground land has a strong attraction

In the report on the real estate market in the third quarter of 2020, the Vietnam Real Estate Brokerage Association acknowledged that the market has strong transactions in the land plot segment, especially in the city center and along the industrial parks of the North. Ninh, Bac Giang. Transaction volume, land price increased sharply compared to quarter I and II.

According to the Vietnam Real Estate Brokerage Association, in the coming time, the market will have a refinement, adjustment, and investors cash flow will also be carefully calculated and distributed more reasonably. Looking back at the investment channels in the current context, land plots are still the first choice of investors in the newly developed local market, especially land with small value, suitable for the financial level. Moderate will be a safe end to help cash flow keep the best price.

At the Online Exchange program with the topic: "Real Estate Market in 2021: Forecast of Trends and Investment Opportunities" that took place recently, experts also forecasted, in the coming period, land still has a strong attraction to investors with good investment capital flows.

Economic and financial specialist, Assoc., PhD. Dinh Trong Thinh said that in 2020, land plots are one of the bright spots of the market. Especially in the suburbs of big cities, prices have been on an increasing trend over the past time, and the level of interest is still very large. One of the reasons is the investment shift from the central area to the suburban and satellite areas.

On the other hand, in the process of general development, the area of ​​neighboring provinces has also been more strongly linked and developed, the population is more concentrated and the demand for housing has increased. Therefore, localities have development plans for new residential areas and urban areas. Land plots have become a channel to attract investment, have good transactions and increase prices.

According to Assoc., TS. Dinh Trong Thinh still has land fevers because planning information in projects is only preliminary research but not approved or "ghost" projects. If you invest in a movement, you will encounter an increase in virtual prices, leading to loss of capital. Therefore, investment in land is still very good, but it must be a long-term investment, towards real demand, not surfing.

“By the end of this year and into early 2021, the land plot market will recover and be active again. Investment at the end of the year will welcome the opportunity to increase prices next year, when the market recovers strongly ”, Assoc., PhD. Dinh Trong Thinh said.

Mr. Bui Van Doanh, Director of Vietnam Real Estate Research Institute, said: "The land plot segment is still the most attractive in the coming period".

Accordingly, this expert recommends that, in order to make a safe investment, investors need to carefully learn legal information, planning, liquidity as well as balance financial capacity. You have not clearly stated your financial capacity, so I cannot give specific advice. However, land plots are usually not for investors with limited capital or have to borrow money to invest.

Currently, many investors are also interested in the resort land around the tourist cities. The Covid-19 translation is under stable control, the aviation and tourism industries will be a spearhead of demand stimulation in the world. Accordingly, the segment of coastal resort land such as Quang Ninh, Quy Nhon, Ninh Thuan, Phan Thiet, Buon Me Thuot will have many opportunities.

Sharing the same point of view, Mr. Nguyen Manh Ha, Vice Chairman of the Vietnam Real Estate Association, said: “The land plot project is usually far from the center and is only suitable for people with small investment, little capital, and investment. each phase. For investment in this product, the most important thing is still the legality of the project, having a land business license or investing in construction works before being sold. In particular, are the conditions around the transport, social and technical infrastructure of the area developed? This is also an important factor to note, because it is impossible to buy land without infrastructure ”.

From the corporate perspective, Mr. Ngo Quang Phuc, General Director of Phu Dong Group predicted: “There are 3 segments that will lead the market in 2021. The first is the housing market. Second is the townhouse market. Thirdly, the land products in the suburbs with good traffic connection ..., especially the products of reputable investors, will continue to be favored by investors in 2021 ”.

Two scenarios for the real estate market in 2021

Also at the Online Exchange program, according to Bui Van Doanh, Director of Vietnam Real Estate Research Institute, despite the impact of the epidemic in the first half of the year, the Vietnamese economy still retains its Positive short-term and medium-term prospects.

According to Mr. Doanh, it can be affirmed that the economic stamina and resilience are important factors to boost the cash flow into real estate in the coming time.

Therefore, forecasts by the Vietnam Real Estate Research Institute say that there are two scenarios that will happen to the real estate market in Vietnam in 2021:

Firstly, when the above macro indicators are guaranteed, the real estate market will grow at a higher rate than 2019, and there will even be a boom in certain segments and regional markets. This means that there will continue to be large and very large mega-projects invested in the form of tourism, resort and entertainment complexes with good infrastructure, which are exploited and operated synchronously. , building towards green - smart. These will be projects that generate heat and drive in the market.

Second, when the above macro indicators are not guaranteed (the disease situation in the country and in the world can not be controlled), the real estate market in 2021 will remain at the same level as in 2020, though some segments and markets (heavily dependent on tourists) will face many obstacles. Without the intervention of the Government and the initiative and adaptation of the business, in the long term, it can lead to the freezing situation of the real estate market.

In general, from a positive but cautious perspective, Mr. Doanh said that the year 2021 is still a year of initiative and flexibility to adapt, with a long-term vision and more diligence in developing our products. real estate business.

Businesses themselves can take advantage of the epidemic as an opportunity to restructure and change investment strategies, targeting real estate segments with great potential such as industrial real estate or affordable housing. people. At the same time, completing procedures related to land, licensing to anticipate the next real estate development cycle in the next 1-2 years.

According to Tue An / reatimes.vn