2,000 investors from Northern Vietnam flocked to the Ha Nam gymnasium to seize the opportunity to purchase 5-star apartments starting at a mere 1 billion VND (after an 18% discount, excluding VAT and maintenance fees) from Sun Group, creating an "earthquake" in the market.
Buyers rush to “seal the deal”
Mr. Hoang Tung Anh, Sales Manager of Four Home Real Estate Group Joint Stock Company, Ha Nam branch, excitedly shared, "While the market is struggling to find apartments under 50 million VND/m2, the discount policy of up to 18% launched by a reputable developer like Sun Group offers a handsome profit margin for customers who make early payments. Therefore, everyone is eager to make a deposit as soon as they visit the project. He added, "The shopping carts were constantly sold out, not enough to meet demand. There was almost no opportunity for latecomers".
The smart, creative design with optimized apartment layouts featuring open vertical space are the "trump card" captivating investors. This unique apartment type, never before seen in the market, boasts affordable prices for young professionals just just starting their careers, seniors with nest eggs, and adults seeking a second home for weekend retreats.
Taking his mother to view the model apartment with 1 bedroom +1, Mr. Nguyen Van Minh (Phu Ly City) shared that with a usable area of up to 68m2, his family can freely arrange various living spaces, ensuring both privacy and cozy family time. "Phu Ly is crowded and cramped. Building a house here offers no added amenities for life. I will definitely buy an apartment here. It's modern, civilized, and comes with full amenities. On holidays and Tet, we can even watch fireworks and participate in festivals," said Mr. Minh.
Mr. Cao Tuan Vu, Head of Sales for Northern Vietnam Real Estate at Dat Xanh Mien Bac, enthusiastically shared that most visitors to the model homes were thrilled with the usable area they would own. "Some customers didn't even care about the price because they already loved the design of this apartment type and had chosen their preferred floor. As soon as the developer released the price list, they decided to put down a deposit immediately because they didn't want to miss out." In addition to customers from Hanoi and Ha Nam, today Mr. Vu also received orders from many customers from Ninh Binh, Hung Yen, Thai Binh, etc. "This is the central resort city of the entire Red River Delta; there has never been such a large project," Mr. Vu affirmed.
The Appeal of 1-2 Billion VND Apartments: Ready for Handover in Just 8 Months
Mr. Nguyen Cao Cuong, Deputy General Director of Sun Property (a member of Sun Group), shared: "“We have implemented various design and construction technology solutions to optimize apartment areas. As a result, the average price per usable square meter is at a reasonable level of 24-25 million VND. With just 1 to 2 billion VND, customers can own an apartment at Sun Urban City and enjoy the full range of amenities here."
After finalizing the purchase of an Art Residence apartment on the 6th floor, Mrs. Nguyen Thi Thanh Thao (a resident of Hung Yen City) shared that the price, after discounts and incentives, was just over 1 billion VND, very suitable for her budget. She was particularly impressed by the rapid construction progress. As her daughter is currently studying at a continuous education school in Ha Nam and has to commute daily by bus,Mrs. Thao anticipates that in just 8 months, when the apartment is handed over, her family will move in immediately to facilitate her daughter's education.
"It only takes 25 minutes to travel from Hung Yen to Phu Ly. My family immediately decided to buy an apartment as soon as we heard the price announcement because we completely trust the construction quality of Sun Group. I will also invite my friends to buy apartments here so that we have a place to relax and gather on weekends," shared Mrs. Thao.
The representative of the developer confirmed that buyers at this time will be able to receive their apartments as early as June 2025. Moreover, they will become the first residents to enjoy the key amenities at Sun Urban City Phu Ly, Ha Nam, which will be completed in early 2025: the festival avenue, the water music show expected to launch during the Lunar New Year 2025, and the Sun World water park expected to launch on the occasion of April 30th, 2025.