Possessing a rare location in front of the Saigon River, right at the connection point between District 7 and Thu Duc City, Asiana Riverside is becoming the focus of investors and customers.
“Location, location and location”
In his book “Real Estate Investment Strategies”, Donald Trump advised investors to “be prepared to pay a premium for a great location”. And Trump is always looking for classy places, he is extremely satisfied when his Trump World Tower is located in a position with a beautiful view overlooking the East River.
To assess whether a location is beautiful or not, Trump will analyze it based on the following 4 factors: Beautiful view, class, potential and convenience. Considering the above 4 factors, Asiana Riverside fully converges the value of a real estate with a sustainable vision.
Located at the façade of Ben Nghe Street, Tan Thuan Dong Ward, District 7, located at the foot of Thu Thiem 4 bridge, Asiana Riverside owns a complete link system when connecting quickly through Thu Thiem city, the center of District 1 and Phu My Hung urban area. (Source: Gotec Land).
Compared to the past, when District 2 and District 7 were connected via Phu My Bridge, the upcoming Thu Thiem 4 will change the appearance of the central connection between the two districts. At the same time, real estate projects located at the two ends of Thu Thiem 4 bridge are expected to attract buyers.
In addition, Asiana Riverside owns an expensive vision as the only high-end high-end project in the area, overlooking the entire Saigon River and the entire central core area of District 1, District 7 and Thu Thiem new urban area.
Positioned as a high-end product, Asiana Riverside is perfectly invested in terms of project utilities. With the desire to bring a modern living space but still retain the beautiful traditional cultural values of a ‘vertical village’ in the heart of the city, Asiana Riverside is a place where people live, play and interact. and connect together with a variety of indoor and outdoor spaces, catering to residents of all ages.
View from the pool at Asiana Riverside. (Source: Gotec Land).
Respenseful of the scarcity of riverside luxury apartments in saigon’s nuclear hub, Asiana Riverside has emerged as a new point, bringing sustainable investment value and contributing to providing quality projects to the city.
The value of a river view property
River view projects, especially unobstructed views, are always scarce and profitability increases over time. Therefore, in order to buy a riverside apartment, many customers have to spend 30-50% higher than ordinary apartments, but it is still not easy to own.
Viewed from the market reality, high-end apartment projects implemented on the Saigon River area, adjacent to Thu Thiem urban area, District 1 or District 7 are having an average asking price of 90-120 million VND/m2 and sold out every time they offer.
According to recent statistics of CBRE Vietnam, the asking price of apartments with river view (uncovered) compared to projects with similar location but without river view often differ by 24-81%. , especially projects in the high-end segment, the difference is up to 30 – 81%.
Besides the price difference, the annual growth rate of this type will continuously establish a new price level, fluctuating 10 – 30%.
A door frame from Asiana Riverside. (Source: Gotec Land).
Asiana Riverside is fortunate to be the only high-rise project in the area, and at the same time, inheriting the view of the river, with a V-shaped design, all the window frames at the project have an unguarded view, bringing a full life of feng shui and prosperity every day.
Good feng shui, beautiful views, fresh air and limited land fund have made Asiana Riverside a hot spot in the market, especially for upper-class customers and connoisseurs of investors.
Resonating from many positive factors from the market, along with news about District 7 becoming the first “green zone” in Ho Chi Minh City, on online real estate brokerage platforms, the number of posts about the South Saigon area also increased.
Following District 1 – which is an old economic zone or Thu Thiem which is gradually transforming, Saigon South may become the center of the city in the near future, leading to an increase in housing values in this area.
Source: vietnambiz.vn – Translated by fintel.vn