Private house segment under 2 billion VND in Da Nang is being searched for

Thu Giang |

Da Nang - After apartments, the private house segment for sale under 2 billion VND/unit in Da Nang City is of interest to the people.

According to Lao Dong reporters, private house prices in Da Nang City have been continuously increasing in recent times, the segment from 1.5-2 billion VND/unit is sought after.

For example, a private house in Thanh Khe ward with an area of 35m2 is being advertised by its owner for 1.5 billion VND, equivalent to 48 million VND/m2.

According to the seller, the house is located on two cool, airy sides on Dien Bien Phu Street and is scheduled to be seen directly by many people, with full amenities around, if not bought for living, you can invest profitably.

Similarly, a private house on Nguyen Van Cu exit (Hoa Hiep Bac ward) with an area of 82m2 was recently successfully advertised for sale by its owner for 1.85 billion VND, including all furniture and interior.

Phan khuc nha rieng duoi 2 ti dong o Da Nang duoc tim kiem. Anh: Thu Giang
The private house segment under 2 billion VND in Da Nang is being searched for. Photo: Thu Giang

According to the Vietnam Association of Realtors (VARS), Da Nang is one of the localities with a fast real estate development rate in the country, based on a modern, synchronous urban infrastructure platform, meeting real housing needs, especially from the middle class, upper class and a team of experts.

In particular, the outstanding quality of life and urban environment have made the city a livable place in Vietnam, with a green living environment, high proportion of trees and water surface area and developed urban services, suitable for the trend of resort living.

VARS believes that after the merger, Da Nang will have many new growth drivers. The expansion will form a large urban area with a significantly increased population, land fund and budget, creating favorable conditions for implementing socio-economic infrastructure projects, creating a foundation to attract businesses and real housing needs of the people.

At the same time, investment capital and residents will shift to potential areas, forming a satellite urban chain, not only reducing pressure on urban centers but also opening up opportunities for the development of large-scale urban area, complex and tourism real estate projects.

Evaluating this segment, real estate expert Nguyen The Diep - noted that real estate prices in urban areas, including the private house segment, are still a safe and sustainable channel for storing assets.

In addition to the strengths, home buyers need to consider a number of criteria such as the quality of the house, construction, legal procedures such as red books, construction permits to anticipate risks.

Thu Giang
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