Khánh Hòa Province Witnesses Nearly 6,000 Real Estate Transactions in Q1 2024
In the first quarter of 2024, the real estate market in Khánh Hòa province saw a significant surge in activity. According to a report released by the Department of Construction, there were a total of 5,941 real estate transactions, amounting to a value of nearly 7,630 billion VND.
Rising Trends in Different Property Types
In this quarter, the province saw an increase in transactions across various property types. Specifically, there were 4,537 land transactions, 1,193 individual home transactions, and 211 condominium transactions. Compared to the previous quarter, transactions for condominiums increased by 37, land transactions increased by 774, and individual home transactions increased by 69.
Chung cư CT-01 của Khu đô thị mới VCN – Phước Long đã đi vào hoạt động trong quý I/2024.
New Developments in the Market
During the first three months of this year, Khánh Hòa province welcomed two housing projects that met the necessary conditions for commercial operations. These projects include the CCU-01 condominium in the new urban area of Phước Long, Nha Trang, consisting of 236 units, and 983 linked houses in the KN Paradise Resort and Entertainment Complex in Cam Ranh.
Giao dịch bất động sản trong quý I/2024 của Khánh Hòa có nhiều sôi động.
Additionally, the province has completed the construction of two housing projects: the CT-01 condominium in the new urban area of VCN – Phước Long, Nha Trang, consisting of 153 units, and the social housing project – 02 in the new urban area of Phước Long, Nha Trang, consisting of 260 units.
Current and Future Market Outlook
At present, Khánh Hòa has six ongoing commercial housing projects with a total of 1,435 condominiums and 4,122 individual homes under construction. Furthermore, there are 26 resort real estate projects in progress, providing a supply of 12,149 tourist apartments and 2,588 luxury villas. The Department of Construction in Khánh Hòa believes that the real estate market is showing positive signs compared to the end of last year. Many legal obstacles have been resolved, which is a promising signal for the future of the real estate market.
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