Real estate is a huge asset and many people only own it once in their lifetime, so buyers must have a set of criteria to decide whether to cash in or not.

Sharing at a recent talk show, real estate expert Tran Khanh Quang pointed out a set of criteria for buyers of apartments to live in or invest in.

With apartments, according to this expert, up to 80% are first home buyers. Therefore, the down payment also needs to be carefully considered.

When the epidemic occurs, buyers need to pay attention to buying apartments that are suitable for the current period, unlike before. In the past, two-bedroom apartments with an area of ​​​​50-60m2, buyers competed for, but now have to review. Those apartments, going back and forth, bumping into each other, one F0 person, the whole family is F0, but they are not eligible for home isolation.

Firstly, according to Mr. Quang, you should invest in safe, spacious, airy, hygienic and especially well-managed properties. Currently, there are many well-managed apartments, limiting the generation of F0 during the epidemic season.

The second is the ability to rent. About how much rent that place / month, we have to predict. It is not until the end of 2022 that the apartment rental market is able to recover. Accordingly, investors should not expect too short a time and then be disappointed.

The third is to choose "escape" apartments - those that investors can deliver in early 2023.

Fourth is a good sales policy. The current time is for buyers and we can choose products with good prices, good payment policies, good discounts. Unlike before, it was the time of the seller, just focus on customers to organize big sales events, after selling for 3-4 months, they will sell again, which means surfing. Now no longer surfing, investment must be long-term.

Thursday is the selling price of the apartment. Currently, many buyers see that the investor paints a very beautiful project, labeled as a luxury apartment, and considers it a luxury apartment and does not care about the price. When buying an apartment, according to Mr. Qunag, you should choose 2 apartments in 2 different projects to compare. For example, an apartment in

Thu Duc and another apartment in Thu Duc area or similar suburban districts such as Binh Thanh, Tan Phu, District 7... must compare such prices to see if the price is reasonable. not yet.

Friday is to see the investor's style too. When handing over, each investor offers a different quality, different operation.

Seventh,  suitable criteria in the current time of Covid-19 epidemic. Projects must have services that provide essential needs such as commercial stores, gyms, clinics... Now, everyone is taking advantage of these services, so investors need to add them. And most importantly, the operator, in the context of the current Covid-19 epidemic.

"I offer such a set of criteria for buyers to base on when buying. At the moment, we have time to do this, analyze which products satisfy the conditions in the set of criteria. to decide whether to buy or not, rather than seeing that it's cheap or crowded with customers. Because of the post-epidemic market, real estate also faces certain difficulties, even though the needs of buyers are still there." expert Tran Khanh Quang emphasized.

Source : CAFEF