Exclusive tips for Vietnam investmentOverseas Property | 11 Jan 2019
Zen Residence Phase 2, a flourishing investment with immense growth potential
The latest project from Gamuda Land is Hanoi's first mega-sized integrated residential development and neighbors the city's upcoming financial district, shopping centers and educational institutions.
Designed with top-notch amenities, the development is conceptualized to become 'a city within a city,' comparable to Hong Kong's Taikoo Shing. Zen Residence sits in a convenient location in Hoang Mai, near the Third Ring Road and will be only 6 MRT stations away from Nam T Liem.
With investment starting from only HK$1 million, and a 10% downpayment, Zen Residence is a promising investment for industry professionals, investors and those in demand of high-quality living space.
Zen Residence: an attractive investment
With its expected completion date in March 2020, Zen Residence Phase 2 includes 1, 2 and 3-bed units, with full condo facilities such as an infinity swimming pool, green spaces and a rooftop garden.
Located in the prime area of Hoang Mai, Hanoi's first mega city-within-city project built by Gamuda Land also houses its own private international school, Singapore International School.
Vietnam: a flourishing economy
The country's Gross Domestic Product in 2018 tops 7%, retaining its status as one of the best performing economies in the world. Its capital city, Hanoi, has implemented a number of
strategic infrastructure and developmental projects to power its economic trajectory.
With the farseeing scarce supply of housing, a rising middle class population and income, the demand for housing will continue to increase, which may promise a high investment yield.
Hanoi: a closer look
Known as the "Center of Power & Wealth," one of the pillars of Hanoi's rapid development is the continual upgrading of Hanoi's infrastructure, which include building a metro system by the year 2020 and a proposed US$5.5 billion expansion of its international airport.
Vietnam is also on track to become the 20th biggest economy in the world by 2050. This is seen in the accelerated factory shift from China to Vietnam -- including tech giant Microsoft -- as well as foreign investments of up to US$1 billion by Apple.
Investing in Hanoi: a foreigner-friendly environment
As of July 1, 2015, foreigners were allowed to purchase Vietnam properties directly and will be issued title deeds. Currently, foreigners are allowed to by 30% of total units in one apartment building for 50 years, extendable subject to applicable laws.
High-end properties in Hanoi are currently selling for around HK$1,500 per square foot, significantly behind other South-East Asian countries with an attractive rental yield of 7% p.a.
For more insights and information about this promising development for its future potential, join the Vietnam Property Investment Seminar held by Ashton Hawks.
Vietnam Property Investment Seminar
Date: January 12-13, 2019 (Sat & Sun)
Time: Session 1: 12:30-2pm (Eng)
Session 2: 2-4pm (Canto)
Session 3: 4-6pm (Canto)
3 sessions (please choose one)
Venue: Forum Rooms I-III, Basement 2, Regal HongKong Hotel, 88 Yee Wo Street, Causeway Bay, Hong Kong
RSVP: (+852) 5226 1138 or firstname.lastname@example.org
Agent Ashton Hawks