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Vietnam's rich population growth rate is the 3rd fastest in the world: Open door for luxury real estate

(CLO) With the growth rate of the upper class in the top 3 in the world, the market share of luxury real estate in Vietnam is also "on the rise" because it is considered a measure of class. In the West Hanoi market, the supply of luxury products is still small compared to the booming demand, opening up an unbeatable opportunity that investors do not want to miss.

Công LuậnCông Luận03/04/2025

Luxury real estate - "Business card" of the elite

The Prosperity Report released by real estate consultancy Knight Frank (UK) said that the number of rich people in Vietnam increased by 70% in the past 5 years, from 40,971 people in 2017 to nearly 70,000 people in 2023. The company forecasts that Vietnam will have more than 112,200 rich people by 2027, equivalent to a growth rate of 173% in a decade.

This figure reflects the success of the economy and shows that the trend of wealth accumulation continues to increase. In particular, real estate is still considered a favorite asset class of the rich in Vietnam, with good capital absorption capacity. In particular, the trend of the upper class is focusing on luxury real estate lines, with many strict requirements such as high-class infrastructure, perfect amenities, civilized community and especially must have special designs that identify the homeowner.

Vietnam's rich people rate increases rapidly, ranking 3rd in the world, the wealth of luxury real estate, picture 1

Vinhomes Wonder City in the West of the capital is becoming a new coordinate attracting the upper class.

In particular, in the West Hanoi area - the area planned to be the new economic - administrative center of the capital, the hunt for accumulated assets of the rich is always bustling when the gap between supply and demand is quite clear. The number of rich people in this area is increasing rapidly with investment activities and economic development, but low-rise branded products that meet the above criteria are too few.

That is also the reason why, as soon as it was launched, Vinhomes Wonder City shocked the market with a "huge" number of transactions. Typically, 100% of the product baskets in the first sale of Vinhomes Wonder City (Dan Phuong, Hanoi) were "sold-out" in just 3 hours, recording sales of 4,000 billion VND. Meanwhile, at the opening event of the VIP Binh Minh Bay subdivision - considered as "Riverside in the West" with a fund of "S-class" super products, more than 1,000 customers quickly searched for their first "super products", creating a record sales of 1,200 billion VND.

Vietnam's rich people rate increases rapidly, ranking 3rd in the world, the wealth of luxury real estate, picture 2

Customers and investors hurry up to own the "S-class" masterpieces of Binh Minh Bay

Unbeatable investment with Western branded goods

Amidst the market’s thirst, Vinhomes brings to the West a masterpiece with the most modern scale and class in the region. Not only is it a classy and unique living space, Vinhomes Wonder City also becomes a “business card” honoring the distinct position of the elite.

Vinhomes Wonder City is a perfect projection of the most livable cities in the world, such as Vienna (Austria), Copenhagen (Denmark), Zurich (Switzerland), Singapore... Because here, the urban space is covered with a diverse and trendy network of living facilities. First of all, there are 24.9 hectares of green trees - water surface, including 4 theme parks of 19 hectares, hundreds of luxury facilities serving the needs of health care, entertainment...

Complementing that utility network are the "four diamond pillars", including: Vincom, Vinmec, Vinschool and the quality and operational management of Vinhomes, bringing the most fashionable living space to the elite residents in the area.

Vietnam's rich people rate increases rapidly, ranking 3rd in the world, the wealth of luxury real estate, picture 3

Vinhomes Wonder City sets luxury living standards for the western part of the capital

The brand quality of Vinhomes Wonder City also comes from its unique architectural designs. The project breaks the convention of Vinhomes products when for the first time, nearly 100% of the apartments have a frontage of 8m or more and 100% have a private garden behind the house with an area of ​​about 20 - 36m2. The real estate here also possesses trendy architectural styles, including liberal Indochina, classic French and elegant Manhattan. This is not only an asset but also a valuable legacy passed down to future generations.

Converging unique values ​​that the rich always desire to own, Vinhomes Wonder City quickly "stormed" the Western market right from its launch with a record number of transactions. In particular, the limited quantity of the product basket also makes owning a position in the elite community in the West of the Capital more difficult.

Vietnam's rich people rate increases rapidly, ranking 3rd in the world, luxury real estate wealth, picture 4

From planning, design, architecture to the elite community of Vinhomes Wonder City, all carry limited values.

Strong demand also ensures unlimited potential for value increase for the project. Along with that is a series of "steel levers" from the billion-dollar infrastructure system in the region.

Most recently, on March 26, the leaders of Dan Phuong district were present to supervise and direct the construction of the Tay Thang Long Avenue from the intersection of Provincial Road 422 to Tay Tuu. It is expected that this project will begin construction no later than April 6, 2025. Once completed, this 10-lane avenue will not only enhance inter-regional connectivity but also create a strong boost for the picture of infrastructure and real estate development in the West of Hanoi.

Not stopping there, just over a month later, another strategic “infrastructure spearhead” will officially appear. That is the Ring Road 4 - Capital Region expressway project, scheduled to start construction on May 19. Similar to West Thang Long Avenue, this Ring Road 4 is also located close to Vinhomes Wonder City, contributing to the formation of a dual infrastructure axis surrounding the project.

In the future, when Thuong Cat Bridge and Hong Ha Bridge are completed and Metro Line 4 is deployed, Vinhomes Wonder City's growth potential will be even stronger.

Vietnam's rich people rate increases rapidly, ranking 3rd in the world, luxury real estate wealth, photo 5

Vinhomes Wonder City is a valuable investment thanks to its perfect infrastructure network.

Also in the most prestigious urban area on Thang Long Avenue, Vinhomes has launched a product line with a construction extension for the first time after 2 years, helping investors reduce capital pressure. Combined with a series of infrastructure milestones "lined up" ahead and the market's increasing demand for branded real estate, investors are more confident in "placing their bets" on the most anticipated project of the decade in the West of the Capital.

PV

Source: https://www.congluan.vn/ty-le-nguoi-giau-viet-nam-tang-nhanh-thu-3-the-gioi-rong-cua-cho-bds-hang-sang-post341208.html


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