In the month following its release, Masteri Centre Point, developed by Masterise Homes, has seen significant interest within the real estate market in Vietnam.
Here, Gibran Bukhari, head of sales for the acclaimed developer, shares his views on the project, Ho Chi Minh City’s District 9, and the market itself.
You have worked in many exciting markets around the world; what do you think of the real estate market in Vietnam right now?
Vietnam has had an incredibly positive turnaround in the wake of the pandemic and worked tirelessly toward recovering the economy; I think it's one of the few countries having maintained a good growth rate over the last year.
As the country continues to develop, real estate value remains within the affordability of given customer segments, which is a positive sign for the future. And while prices in the market will increase or decrease depending on the overall state of the economy, I am confident real estate will remain a safe, highly effective investment channel for Vietnamese and international buyers.
|Gibran Bukhari, head of sales for Masterise Homes|
Why did you choose to build Masteri Centre Point in District 9, Ho Chi Minh City?
According to 2019 statistics, Ho Chi Minh City’s population was around nine million, a number that is projected to continue growing. With land area in the central districts becoming increasingly limited and scarce, it was important for us to consider future buyers' changing expectations. Being the ‘high-tech center’ of the city, District 9 was an obvious choice.
Our customers' needs are at the heart of our decision-making, planning, and design, as are those of the broader market. Like our previous developments, Masteri Centre Point will elevate the standard of living for the existing surrounding community, while meeting the growing demands of those looking to move away from the city center. To us, District 9 is a haven of potential.
In your opinion, is Masteri Centre Point more ideal for investors or homeowners?
Following the upheavals caused by COVID-19, the real estate market has gradually warmed back up thanks to newly launched projects. While each new development is valuable in its own right as per buyers' requirements, ultimately all buyers expect their purchase to see a high return on investment over time. Masteri Centre Point more than meets that expectation; the project will only become more valuable over time, especially as District 9 continues to develop. I think whether buyers intend to live or let, they will find precisely what they need at Masteri Centre Point.
|Introducing another world-class development, Masterise Homes is earnest in their efforts to understand the needs of buyers and the market.|
From an investor's perspective, how do you value Masteri Centre Point?
One invests in a brand because of its proven quality and track record as much as for the experience it promises to deliver. Masteri Centre Point comes from a reputable developer, is centrally located in an area with great potential, and offers flexible contemporary design within a dual system of utilities and facilities.
We developed the project's ten towers based on a deep understanding of our buyers. The world-class lifestyle found at Masteri Centre Point is one customers will appreciate for its refinement and attention to detail.
What can you say about the payment program or financial packages available from Masterise Homes?
We aim to support our buyers in every way we can. Presently, we offer zero percent interest rates for 30 months as well as free management fees for 60 months. We have flexible payment methods and a financial guarantee from our reputable partner, Techcombank. The bank will help buyers calculate cash flow without adding to the pressure of making major investment decisions.
Those looking for a smart, international standard investment opportunity with strong resale potential should look no further than Masteri Centre Point.
Singer Ha Anh Tuan was an early buyer at Masteri Centre Point and has sparked interest in the project throughout the community. How has his positive support impacted the project and other potential buyers?
We are so pleased to have Ha Anh Tuan as a buyer at Masteri Centre Point. A beloved singer and icon throughout the country, he is known for having strong values and excellent taste. It is an honour to have his support and confidence.
With a strategic vision to create an elite residential community in District 9, I believe Masteri Centre Point will soon become a preferred landmark residence for investors and homeowners alike.