28 thg 3, 2012

Low-cost apartment projects find buyers

Eden Real Company reported homebuyers showed interest in apartment units worth below 1.5 billion dong each at a week-long property fair in HCM City last week with some 1,000 visitors.

There were 40 successful transactions during the six-day fair, mainly in Tan Phu District’s Quang Thai and Chuong Duong projects and District 7’s Ngoc Lan apartments, said Huynh Kim Doan, director of Eden Real.

Installment payments, which enable customers to make a down payment equivalent to half of the apartment’s value and the rest will be paid within two years, is a factor appealing to homebuyers alongside affordable prices of apartments.

Doan said her company did not anticipate a high sales target in this event in current unfavorable conditions of the real estate market. However, what it obtained exceeded her expectations.

Along with individual clients, the company got wholesale orders for some projects in HCM City. There were also about 200 homebuyers looking for townhouses. - Source: Saigon Times

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