Demand for expensive real estate in Dong Nai increases sharply

Recently, the real estate market in the South has recorded many positive signs with the number of searches increasing day by day. Especially with the development of traffic infrastructure, areas near Ho Chi Minh City such as Dong Nai are showing many clear signs of recovery.

Market report data from Batdongsan.com.vn shows that in March 2024, the Dong Nai real estate market was much more vibrant than before Tet. In the whole market, the number of customers searching for real estate increased by 77%, the number of listings also increased by more than 68% compared to the previous month.

By type, the number of ads for land increased by 80%, townhouses increased by 78%, private houses increased by 68% and residential land increased by 71%. In particular, searches for private houses in Dong Nai increased by 63%, land increased by 84% and searches for land in Dong Nai projects increased by 101% compared to the previous month.

In terms of the market in each region, the number of real estate searches increased the most in Long Thanh with 110%, Nhon Trach increased by more than 107% and Trang Bom real estate was 86%. Meanwhile, the selling price in Dong Nai was stable in March. The price decrease has stopped and the selling price remains balanced at 7-25 million VND/m2 for land and 5-12 billion VND/unit for villas.

Land products with prices ranging from 8-13 million VND/m2 and common areas from 70-120 m2 have been the most sought after by investors recently. The primary price level has not recorded a deep decrease. In the secondary market, only a few products in suburban areas, far from the center, are being offered for sale at deep discounts, mainly from customers using loans, large-scale projects with incomplete infrastructure and legal documents.

It is worth mentioning that in addition to land, which is a traditional investment type chosen by many people, villas in Dong Nai are also of interest to many people. Specifically, in March, the demand for buying villas in Dong Nai increased by 90% compared to the previous month, with the strongest increase in products priced from 6-8 billion VND/unit.

Adjacent villas also attract much attention.

In addition, from 5-12 billion VND/unit is also the price range with high demand growth for this type of expensive housing. However, the actual transaction volume has improved but is still not strong. Many opinions say that this type of expensive housing is still being observed by investors but not really bought because of many concerns about price and short-term recovery.

Source: https://www.congluan.vn/nhu-cau-tim-kiem-biet-thu-lien-ke-tai-thi-truong-dong-nai-tang-manh-post291891.html