Despite the Covid-19 pandemic, with restrictions on movement as well as personal interactions that are vital to every commercial transaction, real estate is perhaps one of the few sectors that keep its attractiveness to both home buyers and investors. It’s reflected in indicators such as the increasing price due to the limited supply while the demand is high. In Ho Chi Minh City, real estate prices are increasing sharply in all regions and districts, especially in the central core area of District 1. According to CBRE Vietnam, given increasingly scarce land lots in the inner city, primary prices in the high-end and mid-end segments are expected to grow between 3%-7% year on year, while the luxury segment will see the highest growth rate of 7%-8%.
The Marq – one of the few luxury apartment projects licensed in the central area of Ho Chi Minh City – attracts savvy investors, not only by its prime location, sophisticated interior design, and premium facilities but also by Hongkong Land’s reputation with a 133-year history, proven through a portfolio of projects in the region. Hongkong Land’s reputation is shown through its commitment to impeccable construction quality and timely handover, whether it’s a project in Hong Kong, Singapore, Thailand, or Vietnam. While many other projects in the same segment in the city center are delayed due to the impacts of the Covid-19 pandemic, The Marq was handed over on time with full legal documents, gaining the trust and confidence of its esteemed residents. Thanks to these factors, at the Red Carpet Awards ceremony of the Asia-Pacific Property Awards (APPA), which took place on September 7 in York city, UK, The Marq has scored a hat-trick with three prestigious 5-star Awards – Residential High-Rise Architecture, Mixed-Use Interior, and Residential Interior Show Home – and two Winner Awards – Apartment/Condominium and Residential High Rise Development.
To bring the last chance to those looking to realize their dream of owning a luxury living space in the city center with all its heritage values, The Marq has introduced countless attractive incentives which will be effective from March 1st to May 31st, 2022.
Within those incentive packages, the “Happy Move-in” program – limited to the first 10 apartments – will allow customers who buy and receive 2 and 3 bedroom apartments with a payment of just 50% of the apartment’s value under the standard schedule, and the rest will be made within the next 18 months with a maximum interest rate of 9% and a grace period of 18 months, from the date of the first disbursement.
This payment method reduces the initial financial burden and helps the buyer to be proactive regarding both time and cash flow to maximize the value of their property.
Meanwhile, with the “Buy 1 get 1 free” program, homebuyers will have a designated car parking space worth from VND300-700 million in addition to a discount of 1.5-4%. If homebuyers don’t want to use the parking space, the value of this offer can be flexibly handled by deduction from the apartment price.
Moreover, when buying an apartment at The Marq, homebuyers will have the opportunity to win a gift with the program “Picking buds” worth up to VND88 million.
In the context of post-pandemic economic recovery, with the best growth rate in the region at 7-7.5% in 2022, as forecasted by economists at VinaCapital, the incentive program “Happy Move-in” is a rare opportunity for both homebuyers and investors. At The Marq, homebuyers have the chance to own an elegant living space with classy amenities, right in the heart of bustling District 1. Investors can expect attractive profit margins as the apartment average selling price of US$7,000 – 12,000 a square meter is currently significantly lower than that of Bangkok, Kuala Lumpur, Singapore or Hong Kong, while the leasing profit margin of 6-8% is considered quite attractive.