With more than 4 billion dong available, investors wonder whether to invest in real estate before the Lunar New Year; If investing, which real estate segment should I choose?
Data from the General Statistics Office (Ministry of Planning and Investment) shows that GDP in 2022 is estimated to increase by 8.02% over the previous year, this is the highest increase in the 2011-2022 period. Production and business activities have gradually regained their growth momentum, showing that the Government's socio-economic recovery and development policy has been effective.
In 2023, when there is a new credit room, along with the completion of amendments to the laws related to real estate, many forecast that the market will gradually recover.
From the positive signals of the financial market, the smooth regulation of the Government as well as the recovery of investor confidence, Dr. Nguyen Tri Hieu, an economist, said that the first half of 2023 may still be difficult, but by the end of 2023, the real estate market will recover.
According to experts, if you buy real estate products with 10% discount, you can only sell goods after Tet in about 3-6 months and profit can reach about 7-10%. (Photo: Hoang Ha)
Before these optimistic forecasts, Mr. Nguyen Hung, an investor in Hanoi, has more than 4 billion dong available and wants to hunt for a suitable real estate to invest instead of simply depositing in a bank.
But because he does not have much experience in real estate investment, Mr. Hung wondered if he should "put down money" to invest right before the time of the Lunar New Year to catch the "wave" of recovery or not?
Sharing with PV VietNamNet, real estate expert Tran Khanh Quang said that if you have cash available to buy real estate, you should buy it before Tet.
According to Mr. Quang, for professional real estate investors, everyone knows that real estate needs to be sold before the Lunar New Year is mostly because the seller is in dire need of money, so he will accept a discount.
“Signals about policy, opening credit room, stabilizing interest rates will be clearer after Tet. Therefore, through the Lunar New Year, real estate transactions will increase gradually. For those who buy real estate before Tet and sell after Tet, it can be profitable.
By the second quarter, some policies will start to become clearer, at that time, transactions on the market will gradually heat up. The third quarter is a challenge for the market, which direction will the market go at this time,” said Mr. Quang.
However, Mr. Quang said, being able to "hunt" real estate before Tet at a good price is not easy, requiring investors to have experience in order to choose a good product in terms of location, infrastructure and space. good growth in the future. Having enough of these factors new real estate is easy to buy and sell later.
After "targeting" the real estate has enough of the above factors to choose the price.
“If the property owner agrees to sell at a good price, about 10% off the list price can be bought. If you buy real estate products with a 10% discount, only after Tet in about 3-6 months can be sold and the profit can reach about 7-10%, "said Mr. Quang.
Regarding which real estate segment to choose, Mr. Quang said that land plots and townhouses are still the number 1 priority products in investment, because they can be left for a long time without being affected much.
Meanwhile, Mr. Pham Lam, General Director of DKRA, said that the real estate market in 2023 will still grow but be cautious.
According to Mr. Lam, the market will only have a chance to recover strongly for the segments of affordable housing, social housing, real estate attached to land with good location, complete legality and reasonable price. . As for high-priced real estate and resort real estate, it will be difficult to develop in the current market context.
The opinions of industry experts will help investors have more basis to make the final decision in their investment story.
