Shophouses in Vinhomes Ocean Park 2 The Empire

Low-rise housing, including commercial shophouses, is currently popular among investors due to its numerous advantages. The search for this type of property has become even more vibrant with the availability of shophouses in Vinhomes Ocean Park 2, specifically in the Sao Bien sub-area of The Empire.

Shophouses in Vinhomes Ocean Park 2 The Empire - Leads the Race for Low-Rise Housing

Shophouses in Vinhomes Ocean Park 2 The Empire: This year's first quarter witnessed mixed developments in the real estate market. While demand for land plots is declining, low-rise properties like villas, shophouses, and townhouses have shown an average increase of 7% compared to last year. Some provinces and major cities, such as Quang Nam (with a 167% increase), Hung Yen (43% increase), Quang Ninh (14% increase), and others, are showing signs of increased demand.

• Ms. Đỗ Thu Hằng, the Senior Director of the Consultancy and Research Department in Hanoi under Savills, stated that the average primary price for villas is 134 million VND per square meter, with a yearly growth of 30%. Townhouses transact at an average price of 185 million VND per square meter, with a 73% annual increase. Meanwhile, the highest average cost is for shophouses, at 323 million VND per square meter, with a 79% yearly growth.
• Significant changes in transactions and prices of properties connected to land, especially shophouses, have occurred since late 2020. Even during the peak of the COVID-19 pandemic, the absorption rate of this property type remained at 56%, which is expected to continue soon.

Shophouses in Vinhomes Ocean Park 2 The Empire

The attractiveness of shophouses lies in their dual advantage of being both a residence and a business place. A survey shows that the price of properties attached to land, such as townhouses, land plots, and villas, increases 1-4 times more than that of apartment units. On the other hand, the rental yield for apartments is 1.5 times higher than that of land properties.

According to Mr. David Jackson, CEO of Colliers Vietnam, commercial shophouses are expected to be the most sustainable product in the market. He estimates that the annual rental profit for this product can reach 12%, and the property's value can increase by 15-30% per year. Given the label "golden goose," it's no surprise that commercial shophouses consistently rank among the top sought-after properties in the market.

To meet customers' needs, domestic real estate developers, exemplified by Vinhomes, have been continuously pioneering in creating leading urban areas in terms of scale and pioneering experiences. Even though recently launched, the Shophouses in Vinhomes Ocean Park 2 The Empire has already garnered attention in the real estate market in Hung Yen Province and the suburban property market in general.

Shophouse Vinhomes Ocean Park 2 The Empire - Exploring Potential Real Estate

At this time, investors are focusing on the Vinhomes Ocean Park 2 The Empire coastal urban area, particularly the Sao Bien sub-area. Notably, 100% of the low-rise units are constructed as commercial shophouses.

The outstanding advantages of the Shophouses in Vinhomes Ocean Park 2 - Sao Bien sub-area

Since its launch, Shophouses in Vinhomes Ocean Park 2 The Empire has consistently attracted customers due to its location within a project with comprehensive transportation infrastructure, among the top in the capital. This significant advantage makes Shophouse Vinhomes Ocean Park 2 a bustling "trading hub" throughout the East Hanoi region. Vinhomes Ocean Park 2 is expected to welcome tens of thousands of residents relocating to the area, with nearly 30,000 residents from Vinhomes Ocean Park just a few minutes away. This high demand for entertainment, shopping, and dining of various customer segments will ensure long-term development for this "new downtown" and open up profitable investment opportunities for property owners.

Shophouses in Vinhomes Ocean Park 2 within proximity of abundant amenities

Another advantage that ensures the bustling business activities of Shophouses in Vinhomes Ocean Park 2 The Empire is the Starfish Area's diverse network of connections in multiple directions: from central Hanoi to other provinces and vital economic regions in the North. It means the area will create opportunities to attract thousands of visitors from outside to experience the various services within the neighborhood.

In addition, the residents of Shophouses in Vinhomes Ocean Park 2 The Empire will also enjoy the bustling amenities of the Starfish Area, such as:

• The 5-star Vinmec Health Resort
• Vincom Mega Mall Shopping Center
• Vinschool International Integrated School
• Proximity to the central Empire Park with a 7.5-hectare park
• The Royal Wave Park, an 18-hectare beach wave pool

Shophouses in Vinhomes Ocean Park 2 bring significant business potential and an ideal living space close to a range of premium amenities. With its dual advantages, offering the potential for increased profits and creating sustainable value, Shophouses in Vinhomes Ocean Park 2 The Empire is the "golden egg-laying goose" that investors are currently seeking.

For more details about Shophouses in Vinhomes Ocean Park 2 The Empire, please contact the Tân Long Land sales department.

Hotline: 0986 720 720

Website: bdstanlong.com

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