GUIDE TO APPRAISAL APARTMENT FOR INVESTORS

Many condominiums on the market today are priced very "oh my god", you can not distinguish how many high-end apartments cost a few thousand dollars different from popular apartments. In addition, many apartments are labeled affordable but the prices are as intense as high-end apartments. Considering objectively, except for the super fever, you absolutely can evaluate a relative house price based on the analysis of factors that we will provide through the following article:

In terms of the location of the apartment building

An apartment with a beautiful, prime location will greatly increase the price. A beautiful location is in the inner city, on the main streets, the surrounding infrastructure is almost perfect ... it is always considered the golden land. And of course, the price it also makes people buy "golden eyes". The position factor determines up to 50% of the price when the investor sells.

In terms of investor reputation

Investors reputation is a fairly important factor in evaluating the quality of the project, but it is ignored by many people. An experienced and reputable developer always sets a higher selling price than other developers even though they are building in the same area. See also: 4 steps to determine investors reputation.

In terms of project progress

Construction progress depends on the capacity and capital of the investor. To be sure, you can choose to buy an apartment when the rough construction progress is about 20% to 50% of the work or when the apartment is completed. But sometimes, if you order early before the opening date, you can buy an apartment with the original price, low difference. As a rule, apartments with fast and stable construction progress are always traded at higher prices than the general market. Note to check when receiving the apartment.

In terms of available infrastructure

The location factor is crucial to infrastructure for the most part. You should consider the internal infrastructure of the apartment building and neighboring infrastructure, beautiful and complete infrastructure, of course make the apartment value much higher.

In terms of legal

Legal of apartments is a very important factor, if you can not bear the risk, choose apartment buildings that have a sale contract and have built over 20% of the land of the developers. Prestige has been operating many condominiums with a dense population. Of course, if you have full cash, choose completed apartment blocks for the best. See also: Legal notes to know when buying an apartment.

In terms of construction quality

The sales contract also shows quite clearly the quality of the work as well as the types of materials during construction and completion. However, looking at the neighboring buildings of the same investor is the fastest way to assess the quality of the apartment in the future.

In terms of apartment location in the apartment building

The apartments from floors 8 to 16 are always traded at a higher price compared to other floors. In Vietnam, there is no true concept of luxury condominiums (the higher the floor, the more expensive). The highest and lowest tiers will usually be relatively cheaper. After fires and the helpless fire industry with apartments higher than the 18th floor, the fear of higher floors is real. Corner apartments with two open sides also have higher prices.

In terms of the balcony direction

For many people who buy houses, apartments, balcony direction, doors, and windows are also important. Buyers often choose apartments with a direction that matches the year of birth and destiny according to the view of oriental feng shui; Or choose the apartments with beautiful view balconies, like overlooking the lake, park, flower garden ... or choose the cool directions in summer, warm in winter like Southeast. Apartments with balconies with good directions and beautiful views have higher prices than other apartments on the same floor.

In terms of area

Apartment prices increase with using area, apartments with different areas, corresponding to the number of bedrooms 1-2-3 bedrooms. Apartments with 2 bedrooms and an area between 60m2 and 85m2 are often preferred because they are suitable for the needs of the majority of buyers. The most expensive apartments are usually about 70m2, located in a corner with two open sides, the balcony facing the Southeast, located on the floors with beautiful numbers like floors 8, 9,10, 12, 16, 18.

Indochina International Investment & Appraisal Joint Stock Company (INA)

• Address: 121 Nguyen Van Troi, Ward 12, Phu Nhuan District, Ho Chi Minh City
• Hotline: 0934 252 707 / Email: info@inavn.vn