The latest report by real estate firm DKRA Vietnam shows increasing supply in the hospitality markets in Ho Chi Minh City and neighbouring provinces in the first quarter of 2021. Up to 778 resort villas at six projects came into the market in the first quarter, 3.2 times the number in the previous quarter, and 26 times as much as a year earlier. The absorption rate was 25 per cent (196 villas sold), almost twice the number from the fourth quarter of 2020.
Ba Ria-Vung Tau and Binh Thuan are the hotspot attracting hospitality investors, accounting for the majority of the market supply in the first quarter. Among them, Ba Ria-Vung Tau is highly appreciated for its close proximity to Ho Chi Minh City with developing infrastructure and the local authorities’ efforts to develop tourism.
Ba Ria-Vung Tau will prioritise investment in Ho Tram-Xuyen Moc, which features abundant natural resources with a 32km coastline crossing several landmarks such as Bung Rieng, Ho Tram, and Binh Chau. Thanks to this strategic position, most resorts in the area are built next to the coastline to enjoy the majestic natural advantages.
Highlights of Angsana Residences Ho Tram
Nested in Ho Tram area – the “new tourism capital” of the south – Angsana Residences Ho Tram is a special 5-star resort project enchanting investors with a full suite of advantages.
Angsana Residences Ho Tram is situated right on the coast line in Ho Tram. The project features 52 villas with two views, directly facing the 280m ocean surface and the 325m Serenity stream-walk (excluding the main swimming pool for residents). Another plus point is that the legal documents for this project have been completed. All villas have finished the bare-shell construction. The model villa with full high-class interior furnishing has also been welcoming visitors since March.
Moreover, the project also possesses many outstanding advantages including indigenous interior design, exclusive utilities for villa owners such as swimming pool, gym, separated reception hall…