According to analysts, the real estate market at the end of the year is forecast to be more positive thanks to policies from the Government, for example, the Prime Minister recently signed Official Dispatch No. 993/CD-TTg on continuing to continue to drastically implement solutions to develop the real estate market. Accordingly, the Government assigned the State Bank to direct commercial banks to continue promoting credit lending to the real estate sector, and have appropriate solutions to reduce costs to reduce interest rates.
After many drastic instructions from the Government and the State Bank, home loan interest rates have cooled significantly recently, to below 10%. In addition, the Government requires the State Bank of Vietnam to continue to review and further reduce inappropriate administrative procedures that cause trouble and costs for businesses, real estate projects and home buyers to continue. Access more favorable credit sources.
Perspective image of Grand Mercure Hoi An - Quang Nam project
Trong quý IV/2023, Luật đất đai, Luật nhà ở và Kinh doanh bất động sản đang được Quốc hội thảo luận và dự kiến thông qua vào tháng 11. Đây là cột mốc quan trọng đối với thị trường bất động sản cuối năm 2023 nói riêng và quyết định sự hồi phục của bất động sản trong năm 2024.
According to a survey by the Vietnam Association of Real Estate Brokers (VARS), the real estate market from the beginning of the year until now has recorded a gradual increase in transactions. If in the second quarter of 2023, the market recorded 3,700 transactions, an increase of 37% compared to 2,700 transactions in the first quarter, then the third quarter recorded nearly 6,000 transactions, 1.5 times more than the second quarter and more than 2 times higher than the second quarter. with the first quarter.
According to experts, the real estate market in the fourth quarter of 2023 will be a stepping stone for market recovery from 2024. Especially in areas with a lot of room for development, with synchronous and modern planning. , infrastructure is paid attention, investment is focused, the price level is not high.
The improvement of the real estate market will help investors speed up construction progress, which is an opportunity for Viettel Construction to prepare work sources for 2024. Accumulated in the first 10 months of 2023, Viettel Construction has signed 1,750 billion VND in B2B civil construction projects; 1,341 billion VND for B2C & SME civil construction projects. Among them, Tram Chim Hotel project - Dong Thap (65 billion VND) and Grand Mercure project - Quang Nam (21 billion VND) stand out.
Tram Chim Hotel Project - Dong Thap
The project is invested by Khanh Phuong Trade and Tourism Investment Company Limited on an area of 4,412m2 in Tram Chim town - Tam Nong - Dong Thap. The project includes hotels, restaurants, supermarkets, etc. to meet the shopping, accommodation and culinary needs of local residents and domestic and foreign tourists.
Accordingly, Viettel Construction will undertake the design and construction items at the project, with a total contract value of up to 65 billion VND. In particular, the design items will be implemented in 65 days, the construction items will be implemented in 550 days after finalizing the design plan.
Tram Chim Hotel project will contribute to enriching Dong Thap's tourism ecosystem. With the 4th largest area in Vietnam, Tram Chim tourist area (also known as Tram Chim National Park) attracts many tourists to visit every year not only because of its beautiful natural landscape and delicious dishes. delicious, but there are also many species of animals and plants listed in the Red Book, most notably the extremely rare red-crowned crane.
Tram Chim tourist area - Dong Thap
Grand Mercure Hoi An – Quang Nam
The Grand Mercure project is located in the most beautiful location of An Bang beach - Quang Nam, invested by VNC Construction Joint Stock Company. Grand Mercure is likened to "The star between two heritage regions" located in the middle of the heritage avenue with one side being the mysterious My Son Sanctuary, the other side being sunny Hoi An, a resort masterpiece and the first focal point. new investment. Grand Mercure is a 5* international hotel and resort real estate complex with a scale of 7 hectares including 118 villas and 1 hotel building of 10,000 square meters (15 floors).
Perspective of the Grand Mercure Hoi An - Quang Nam project
In this project, Viettel Construction will participate in implementing the electrical part and constructing 77 villas. The total value of the contract signed by Viettel Construction and VNC Construction is estimated at 21 billion VND. Currently, Viettel Construction has arranged more than 50 workers, commander, 7 technical staff and 3 internal staff (QA/QC, shop,...) to rush to complete the project.
Previously, in 2022 Viettel Construction also signed with Investor VNC Construction to complete the construction of the house and swimming pool in the Villa area. This once again affirms Viettel Construction's reputation and capacity in the Vietnamese construction market.