This is the first time Vinhomes Central Park price has been introduced to South Korean customers and the second time to foreign customers. Last week, CBRE Vietnam in collaboration with Vinhomes 1 Real Estate Trading LLC, held an event to introduce the Vinhomes Central Park project to other foreign customers. Along with many experts, South Korean customers have predicted that will increase foreign capital flows to Vietnam’s real estate market.
Following on from another successful event that took place in July, and the first time an event has been held specifically aimed to South Korean homebuyers with project’s Landmark 1, Landmark 2, Landmark 4, Landmark 5, and Landmark 81- the tallest building in Vietnam. This is the second time Vinhomes Central Park price has been introduced to foreign homebuyers.
After the amended Law on Housing allowing foreigners to buy homes in Vietnam took effect in July were of most interest to South Korean homebuyers at the event. A South Korea customer is Mr. Kan Byun Jin said that not only does it have an impressive design but Vinhomes Central Park also has a prime location in the city center. “I believe in the projects of Vingroup after living in Vietnam for a long time . I’m interested in Vinhomes Central Park price because it is near my workplace and it has schools for my children,” he said.
It is clear to see that the amended Law on Housing has created the conditions for not only Mr. Jin but also many other South Korean families to own a house and live and work permanently in Vietnam.
Managing Director of CBRE Vietnam, Mr. Marc Townsend, believes that the demand to buy a house in Vietnam is on the increase thanks to the amended Law on Housing and the Law on Real Estate Business. He said: “Buyers can fully own a pleasant apartment in Vietnam with just a valid visa”. "South Korean residents have lived and worked in the country since relations between the two were established on 1992", according to the Embassy of South Korea in Vietnam.
Since then the South Korean community has grown quickly. Vietnam has the fourth-largest South Korean community in the world, following the China, US and Japan. It is expected that the real estate demand among South Koreans will rise rapidly in the future. Vinhomes and CBRE believe the project’s products meet the requirements of these customers.
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Source: MODOHO
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