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NEWS

HCMC - Pau Jar promises huge cash gifts for home buyers

06-01-2013

Pau Jar is quoting The Flemington luxury apartment project on Le Dai Hanh Street at VND7-8 billion for an apartment measuring some 219 square meters. Customers buying such apartments from now until next January 15 will be given a set of furniture worth VND1 billion, which means they will have to pay only VND6 billion for a VND7-billion home.

Meanwhile, Kien A Company, the investor of the Ventura villa project in District 2, will also give away a gift worth some VND500 million for homebuyers from now until the end of next month. Located in the Cat Lai urban area, Ventura consists of 64 villas which have an area of 119-204 square meters each and are priced at over VND4.6 billion per unit.

Offering direct discounts, paying loan interest for customers, giving furniture and lengthen the payment period are some solutions investors have taken to indirectly lower home prices to attract customers in the current tough market conditions.

According to statistics of the Ministry of Construction, the property market in HCMC has still had around 15,000 unsold apartments worth a combined VND30 trillion.

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