When it comes to the real estate market these days, the phrases “apartments under 2 billion VND have disappeared” or “apartments under 2 billion VND have become extinct” have become familiar, meaning that the price of new apartments or apartments formed in the future in Ho Chi Minh City is no longer under 2 billion VND. However, if targeting old apartments, with an amount under 2 billion VND, customers have many choices.

Mr. Tran Quynh, a real estate broker, said that the Vinhomes Grand Park project in Thu Duc is still trading many products under 2 billion VND. Specifically, a 1-bedroom apartment with an area of ​​47 square meters costs 1.6 - 1.65 billion VND. Even a studio apartment with an area of ​​30 - 33 square meters costs only 1.15 - 1.25 billion VND.

The price of a 2-bedroom, 1-bathroom apartment with an area of ​​59 square meters is only 1.9 billion VND. New 2-bedroom, 2-bathroom apartments cost from 2.1 to 2.3 billion VND.

“ The project still has many 1-2 bedroom apartments being resold by the owner. Although the price is under 2 billion VND, there are still relatively few buyers because the location is far from the city center. If you work in the old District 9, old District 2 or District 7, it is a very good place to buy to live ,” said Mr. Quynh.

On Tran Khac Chan Street (Ward 9, Phu Nhuan District), Mr. Pham Thi is also selling an old 1-bedroom apartment with an area of ​​36 m2 for 1.95 billion VND. This apartment is located in a busy area and close to the center of Ho Chi Minh City.

In District 8, a 1-bedroom apartment with an area of ​​53 square meters in The Pegasuite 2 project located on Ta Quang Buu Street is also being offered for sale at a price of 1.95 billion VND.

If you go further from the city center, you can buy larger apartments at more affordable prices. At Phu My An apartment building on Nguyen Van Linh Street (District 7), a 2-bedroom apartment with an area of ​​up to 84 square meters is priced at 1.68 billion VND.

Mr. Long, the apartment owner, shared that the reason for this price is because the project has been in use for more than 12 years, but the quality of the project is still good, suitable for buyers to live in.

" For 1.68 billion VND, I will give away all the furniture such as bed, table, chairs, air conditioner, washing machine, " said Mr. Long.

People can also choose to buy apartments under 2 billion VND in District 12, typically Hung Ngan Garden apartment building located on Tan Chanh Hiep 21 street. This building has been in use for about 8 years, suitable for buyers to live and work in District 12, Go Vap District, Phu Nhuan District or Hoc Mon District.

According to VTC News, many apartment buildings in Ho Chi Minh City still have apartments priced under 2 billion VND, mainly located in District 6, District 7, District 8, District 12 and Thu Duc City. To own a 2-bedroom apartment at this price, people have to accept buying old apartments.

According to real estate expert Nguyen Dinh Trong, the current housing prices in Ho Chi Minh City have increased too much. The price of a new 2-bedroom apartment is over 2.5 billion VND. Meanwhile, people's income has not increased, or even decreased, so many people are looking to buy affordable apartments to reduce financial pressure. Apartments priced under 2 billion VND in Ho Chi Minh City are mainly used for 10 years or more. However, for solid constructions such as apartments, a 10-year-old house is not too old.

“ Apartments can be used for 50 years or longer. Therefore, if buyers accept ‘the old for the new’, living in an old apartment will save from 500 million to 1 billion VND,” said Mr. Trong.

According to this expert, buying an old apartment also helps reduce legal risks compared to apartments formed in the future. Therefore, this is also the strength of old apartments. However, buyers may have to spend an initial amount to repair and renovate the house to their liking.

DAI VIET