low cost housing project
TRANSCRIPT
“Vietnam’s low cost housing projects: advantages and disadvantages”
According to analysis and judges of VIPC Capital‘s real estate experts, low cost
housing projects endures much risk but not less attracted. Currently, there are
many organizations as well as companies investing their fund into this segment
both inside and outside country. CapitaLand- one of the largest real estate
Singapore companies has also established CapitalValueHomes to develop cheap
houses in China and Vietnam. There are also many other big projects have been
and are running to adapt the rising demand of customer. The increase in
urbanization has lead to the increase in the number of urban population. While the
average income of citizen is still low, this has created a huge demand for low cost
houses. VIPC’s experts expect that this will be an attracted segment for investors
in the future. Besides this advantage, cheap houses project still face up many
difficulties. The biggest challenge comes from the unstable mechanism and the
complicated procedures. The mechanism for social houses has still not attracted
enough. Before the projects can be carried out, investors must consume a lot of
time to prepare papers relating to the policies and planning from relevant
authorities. Complicated construction approval process and the difficulties in
ensuring the high quality but low price of these cheap apartments will cause so
much trouble for investors. Base on these advantage as well as disadvantage,
VIPC’s analyzers suggest investors should be more careful in investing in this
segment and choose the suitable partners to cooperate and gain success.
As a fund management corporation, VIPC capital provides a wide range of
investment types especially real estate as well as services for customers both
individual as well as organization. With high experienced analyzers, VIPC will help
to maximize customer’s funds by effective and efficient investment strategies.
Angela Trang Pham
Sales & Marketing Department
VIPC Fund Management Corp.,
No. 8 Nguyen Hue, Dist. 1, Ho Chi Minh City, Vietnam
http://www.vipc.com.vn
