Acquiring Richland Residence is easily accessible with the preferred financial policy

Where to Find Affordable Houses?

According to statistics, Binh Duong currently has over 2.8 million people, with more than half being migrant workers. It is expected that in the next 6 years, Binh Duong will have an additional 800,000 people, mainly due to an increase in labor force moving to work in industrial zones. The large number of migrant workers has led to a significant increase in housing demand in Binh Duong, especially in areas near large industrial zones.

According to data from the Vietnam Association of Realtors, over the past 10 years, property prices have increased by dozens of times. In recent years, the average house price has increased by two digits per year. The current market price is still high and is expected to rise further when new laws related to property take effect, which may lead to a significant increase in development costs and a more complex investment process, resulting in a shortage of supply.

The Binh Duong market is no exception to this trend. Currently, only a few projects are selling "affordable" products that match the income of most workers. Therefore, many domestic and foreign investors are planning to develop affordable housing in Binh Duong to meet the demand. Notable names in this market include Kim Oanh Group, VSIP, Bcons, Phu Dong, and Phat Dat.

Notably, Kim Oanh Group, the investor, has successfully implemented dozens of land, house, and apartment projects in Binh Duong, such as Legacy Central, Ben Cat Center City, and Golden Future City. Currently, Kim Oanh Group is launching a new project, Richland Residence, in the center of Ben Cat city, with prices starting at over VND 1 trillion per land plot and around VND 2 trillion per house. This product segment has been absent from the market for a long time, making it attractive to many customers.

Even professional investors are interested in Richland Residence due to its reasonable price and potential for returns. According to investors, Richland Residence is located in a strategic position, between three large industrial zones: VSIP 2 expansion, My Phuoc 3, and Dong An 2, which are concentrated with a large labor force, high demand for housing.

Furthermore, this area is being developed with synchronous infrastructure, including notable roads such as Tran Dai Nghia, DT 741 - Nguyen Van Thanh, Dan Chu Avenue, Le Loi extension, and Ring Road 4. This will be a driving force to increase the value of properties at Richland Residence rapidly in the near future.

Easy payment, worry-free ownership

According to investors, this is the time to launch many support policies for payment to stimulate market demand, as many customers are hesitant to borrow at high interest rates. For example, the Richland Residence project is applying a preferential financial policy, allowing customers to pay only VND 320 million upfront to own a product, with the remaining amount divided into up to 13 installments if paid with their own funds. In the case of customers borrowing from a bank, Kim Oanh Group will provide a fixed interest rate of 4.8% for 24 months, with a 24-month grace period for principal repayment. Thanks to this policy, customers only need to pay around VND 3 million per month, which is less than the monthly rent.

Additionally, if customers pay off the loan early, they will receive a discount of up to 10%, and enjoy an interest rate of 15% per annum. Moreover, the investor has a program to give away 3-5 gold bars to bulk customers and a total value of up to VND 12 trillion in promotional programs.

This is a great opportunity for those who need a place to live and investors in real estate in Ben Cat city. This explains why Richland Residence has sold nearly 200 houses in a short time.

A recent survey by Batdongsan.com.vn on the financial solutions of homebuyers found that many people are willing to borrow to buy a house, ranging from 30-50%, and expect an interest rate of 8% per annum. This shows that the Richland Residence project, which is borrowed at a fixed interest rate of 4.8% for a long time, is very attractive.

Ms. Thu Ha (residing in Thu Dau Mot city) is satisfied with the financial support policy of Richland Residence and has purchased a house. "Property prices will continue to rise, so I will wait for more favorable opportunities to buy. Besides, Richland Residence is adjacent to the new city of Binh Duong and large industrial zones, making it very convenient for renting or business purposes," Ms. Thu Ha said.

Another advantage of Richland Residence is that Phase 1 has been handed over and many residents have moved in. Phase 2 has also completed all infrastructure and utilities. Customers who have experienced the project in person highly appreciate the living environment, fast construction progress, and can move in and start business soon, so they have decided to "invest."