What real estate can you invest in with 2 billion VND?

Mr. Nguyen Loc Hanh, General Director of Ngoc Asia Real Estate Investment Joint Stock Company, said that in 2020, Covid-19 variables have more or less changed the tastes of real estate investors.

However, because most types of real estate are no longer standing still at the old price level 12 months ago, Mr. Hanh believes that in 2021, at least 2 billion VND is needed to start choosing potential assets to invest in.

It is difficult to buy land in Saigon

According to Mr. Hanh, 2 billion can buy old apartments in suburban areas of Saigon such as districts 8, 9, 12, and Thu Duc.

By the end of 2020, new apartment projects had all reached the minimum price range of over 2 billion VND per unit.

Real estate market in the East of Ho Chi Minh City.

This expert affirmed that with a capital flow of 2 billion VND, investors cannot buy land in Ho Chi Minh City in 2021. Exceptionally, Cu Chi district, Tran Van Cham area still has cheap land offered for sale at 1

With ready-built townhouses with land standards of 100 m2 in Ho Chi Minh City, in 2021 there will no longer be a price range under 4 billion VND per house and double the capital flow, or about over 8 billion VND, will be needed to buy a townhouse.

Many investment options in provinces surrounding Ho Chi Minh City

CEO Ngoc Asia said that the provinces bordering Saigon are attractive investment markets with small capital flows of about 2 billion VND per product.

In Dong Nai, Long Thanh, Nhon Trach, Trang Bom are in the sights of investors with capital flows of 1.5-2 billion VND.

Mr. Hanh confirmed that 2 billion VND cannot buy land in Saigon and can only buy old apartments.

To avoid the risk of investing beyond affordability, the wave of affordable real estate investment in suburban areas took place quite strongly in 2020 and is expected to continue in 2021. This promotes capital flows 2