At the end of August 2024, after receiving information from an acquaintance, Ms. Vu Thi Thanh (34 years old, Thanh Xuan, Hanoi) paid a deposit to buy a house in an alley in Tan Ap area (Ba Dinh, Hanoi). The house in the alley has an area of 30m2 and was bought by Ms. Thanh for 3 billion VND, excluding transfer fees.
"In recent years, I have often invested in the alley house segment. Short-term and long-term investment will depend on the characteristics of each house. Like the house in Tan Ap, the location is quite convenient, the alley can be accessed by three-wheelers and the house is new, I did not need to renovate or paint much when buying it, so I decided to put down the money right away.
The house in this alley has 4 floors, 3 bedrooms, and does not include furniture when purchased. Therefore, as soon as I intended to close the house, I prepared to buy new furniture to move in to sell at a good price.
Right after completing the notarization and transfer of ownership, I sent the house information to the broker. After two days, there was a customer who was satisfied and deposited money to close the house. Compared to the purchase price, minus the brokerage fee, the cost of bringing new furniture into the house was 150 million VND, I made a profit of 350 million VND" - Ms. Thanh said.
According to Ms. Thanh, in reality, there are not many cases where people can sell their products right after buying them because it is rare to find beautiful houses that meet the right needs and are satisfied enough to close the deal. Not all speculative investments are profitable, sometimes there can be risks because it depends on capital, segment, investment strategy, real estate market timing...
According to the Vietnam Association of Realtors (VARS), houses in alleys are considered to have good liquidity, complete legal documents, and affordable prices. They bring high rental yields in the context of increasing demand for renting and buying houses for living.
VARS research data shows that prices of individual houses being traded have increased by 5 - 15% compared to the end of last year. Although the price increase here still has many unusual signs. But it cannot be denied that the large amount of interest and transactions is real.
According to Mr. Nguyen Van Dinh - Chairman of the Vietnam Real Estate Brokers Association, in the context of limited supply, primary apartment prices in Hanoi are high, new projects launched for sale all have prices in the high segment. grant.
While secondary apartments priced around 3 billion VND are only available in districts far from the center and are also sought after and increasingly scarce, a private house costs around 4 billion VND with an area from 30-40 m2 has become the choice of many families wishing to settle down.
