Commercial townhouses with large street frontage attract customers, why are prices constantly increasing?

According to real estate experts, the land fund of Ho Chi Minh City in the inner city is almost exhausted, in addition to the difficult situation, tightening the licensing of real estate projects, causing the supply to decrease sharply, causing the price of commercial townhouses. trade is still increasing. Not to mention the central areas, the suburban areas of Ho Chi Minh City, the price of townhouses also increased rapidly.

Why do commercial townhouses increase prices continuously?

In the districts of Binh Chanh, Hoc Mon and Cu Chi, the price of land in front of big roads is more than 100 million/m2 in some places, and in areas near the center of Ho Chi Minh City is approximately 150-200 million/m2. Especially in large projects that are well-invested and planned, the price of commercial townhouses is from 200 million VND/m2 or more, the average selling price has grown by about 30% within 1 year and has not shown signs of slowing down.

The price of townhouses in Ho Chi Minh City continues to increase, especially on major roads,

Nguyen Thien Thanh, who is looking to buy a commercial townhouse, said that he bought a house for both living and business, so he needed a house on major roads, densely populated areas and had a fresh living space, the better. . Walking around the city, he decided to buy a street-front commercial townhouse in Van Phuc Urban Area in Thu Duc District.

“The price of commercial townhouses here is much higher than 3 years ago. However, this project is continuously invested in high-class utility items, attracting a lot of residents to live and do business, while the house price here is only 1/3 of that of urban areas. nearby, so the room for price increase is still very large. Besides, because it is located next to the Saigon River, the living space here is extremely fresh, ensuring the health of the family. With the facilities and international standard education being invested on a large scale, my children can access a modern educational and entertainment environment," Thanh shared.

The trend of choosing commercial townhouses in urban areas in the city center has changed markedly

Real estate experts said that commercial townhouses in areas with convenient traffic connections including river, road, Metro rail, and especially in densely populated urban areas, are completing construction. utility floors… are always the most sought after by buyers, so the price is also constantly increasing. Especially for commercial townhouses built with a width of 7-9m, twice as much as a normal shophouse, it is more and more noticeable because of its ability to flexibly arrange a variety of business types and combine the needs of both residential and business. of residents.

Urban areas are well-invested in facilities and environment to attract customers

According to Mr. Ngo Chi Thuan, Deputy General Director Thuan Hung Group, the price increase of 30%/year of commercial townhouses in many real estate projects is also normal because this increase depends on the supply, infrastructure of the area and the investor's level of investment in utilities. private.

“A real estate project with only trees and beautiful roads will make it difficult for the price to increase faster than a project with more hospitals, amusement parks and international standard schools right inside the project. With a good level of investment and completion, the price increase margin will also be better, "said Mr. Thuan.

Accordingly, in 2022, Ho Chi Minh City only has a few projects to open and sell commercial townhouses, the quantity is limited but the absorption rate is very high. For example, at The Global City Urban Area, in the fourth quarter, 40 apartments were introduced The Global City townhouse and Shophouse The Global City commercial 7-9m, all have been ordered by customers.

The Global City urban area

The Global City urban area is located in front of Do Xuan Hop and Long Thanh - Dau Giay Expressway, only 500m from Mai Chi Tho Boulevard and Metro Line 1A, which is the golden center connecting key economic regions, far from the city center. Center of District 1, Tan Son Nhat airport only 15 minutes away. In addition, The Global City urban area is surrounded by Saigon River, a system of high-class internal facilities, diverse landscapes: the largest commercial center in Vietnam with 125,000m2, riverside park and canal The landscape is 2km long, the largest landscape park in the inner city of 13 hectares brings both unique scenery and natural air-conditioning ... bringing sustainable health values to residents of the whole urban area.

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