Hanoians like large houses, Saigonese like luxury houses
According to the market research results of PropertyGuru Vietnam Joint Stock Company based on big data data shows that, although the year 2020 experiences 2 Covid-19 outbreaks, real estate is still an investment channel of interest. Two affordable and mid-end apartment products are still "hunted" the most and tend to increase by 10, 11% (200-1000) indexes compared to the same period last year.
Along with that, customer needs in the two markets Hanoi and HCM are different, Hanoians find houses with large area and low price. Saigonese find a small house but the price is higher.
Specifically: Hanoians often find many houses with an area of 70-90m2 (accounting for 35%), the average price is from 15 to 25 million / m2.
Saigonese find a small area from 50 to 70 square meters but the price is high, from 25 to 35 million / m2.
Mr. Nguyen Ngoc Tuan, Consultant Real Estate Trading Floor Viet Tin said that the difference between the two markets is partly due to different conceptions of "where to live". Hanoians think that the house is a great asset, an inherent "settling" place to "get lost", a place to reunite with a large family after working days or holidays. Saigonese do not care much about the area but they care about the quality of life, maybe the house is not big but must ensure the quality of life, service quality, amenities ...
Nam Viet
Baogiaothong
