To get silver from investing real estate: Arrive early, arrive late to the wrong time

08/03/2017   Viewed: 903
An entrepreneur with more than 25 years experience and experience bitter as well as sweet in the field of real estate to explain the phenomenon of real estate Da Nang - Quang Nam.
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Over 15 years ago, Hanoi began to have the first apartment buildings and most typical Trung Hoa Nhan Chinh across the To Lich River is very cheap and very "country house". But, those who make a lot of money at that time are those who know this area before.

And then, there are people who see this coming to buy, creating a long wave of fever and buy up to Hoa Lac (former Ha Tay province) and Hoa Binh. Remember, Hanoi has only a few million people. In 2008, Ha Tay merged into Ha Noi, continuing to create a fever of land in the West.

But although Hanoi has been expanded, millions more, but now land prices in remote areas are still stuck in place as in the past. Did you come so early?

In 2006 and 2007, Hanoians brought money to Ho Chi Minh City. Ho Chi Minh bought land, then from 2008 prices fell in half, continue to decline in the following years. Did they come late?

I know the owner of the Sala municipality, who spent a lot of money buying the central land of Thu Thiem peninsula in 2011 when everyone was worried and scared. He has been creating the city's most beautiful and largest city. Ho Chi Minh and I am sure he also "reap" extremely much from this "timely" business.

In 2010 and 2011, the Da Nang market freezes like the whole country, the city is overwhelmed with abandoned projects, the whirlwind swarms of investors and dozens of investors fail to overcome this biting. Did they come too early when the market was weak, right?

Currently, outside Hanoi and Ho Chi Minh City. In Ho Chi Minh City, there are many investment markets such as Nha Trang, Phu Quoc, Quang Ninh, Hai Phong, Thanh Hoa, Quy Nhon ... But if you look closely, Da Nang is full of three factors. Time, geography, humanity.

Thien Nhan: After many years, the price is very cheap, still much cheaper than many places, the tourism growth is strong, the population is big enough (both Da Nang, Quang Nam, Quang Ngai), APEC The mechanical population is nearly 10%. I feel the same Trunh Hoa - Nhan Chinh 15 years ago.

Geography: It is truly beautiful sea, crowded & large airport, with strong tourism infrastructure, industrial (Quang Nam, Quang Ngai), high technology, study place (university urban area ), Da Nang-Quang Ngai expressway, city worth living.

Harmonious: The government supports the business best, the gentle, trustworthy, transparent and supportive business people.

Successful real estate investors are those who observe and grasp the opportunities, do not advise them to invest, they do not obey the advertising and are not pressured to invest in government, Political purpose.

And they are always the ones who do not come early, not late, but arrive at the right time. So to be a successful investor you have to be the right person.
According to Trung Nguyen
Business Forum

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