Real Estate Market Forecast For 2021

Despite many economic fluctuations and market challenges, real estate remains a stable investment channel that provides investors with a sustainable income. Despite being negatively impacted by Covid-19, Vietnam’s economy showed signs of improvement and positive changes in 2021.

Forecasting real estate trends in 2021, experts from Jones Lang LaSalle Group (JLL) said that the trends this year will maintain development or change to match the current needs.

In which “urban in urban” or “integrated real estate” is often used for large-scale projects. These urban areas are increasingly upgraded, in order to bring a healthy and sustainable living environment, a green space with outstanding amenities. So developers started looking for ways to attract buyers by creating the best planned residential areas.

Panoramic view of ZEITGEIST smart city

According to Financial Magazine, 2/3 of Vietnam’s population will live in developed and modern urban areas. That is the trend of development and with leverage is the transformation of digital technology applying to our life.

ZEITGEIST will be one of the largest-scale projects in Saigon South, with a total area of 349 hectares divided into five construction phases and a total expecting population of 68,000 people. ZEITGEIST is designed to have the look and feel of a modern city, with 70 percent of the space dedicated to greenery, calming amenities, and public landscapes. The project also uses solar panels to create an environmentally friendly energy source, run water heaters, and store power outages.

ZEITGEIST’s villas, townhouses, and shops are built with green, low-carbon concrete, and are environmentally friendly. Energy-saving technologies and automatic waste collection systems have also been put into practice. The rooms in the house are designed with airy views, optimal to receive fresh air and natural light while using renewable energy sources.

With frontage on Nguyen Huu Tho – the backbone of Saigon South – and close to the “legendary” Phu My Hung, Hiep Phuoc port urban district, the ZEITGEIST project completely benefits from busy, synchronous infrastructure construction, as well as a first-class utility ecosystem.

With luxurious design, comfortable space, and convenient service, the ZEITGEIST project promise to meet all the living needs of future residents.

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