Aqua City: the Trump Card of Novaland
Novaland may leave a little bad taste in the mouths of the people first know this developer. With more than 40 projects in Ho Chi Minh City, although they have been handed over, still under legal disputes. Including projects in the provinces, the number can be more than 60. Or calculated in the opposite way, among the total Novaland’s completed projects, only about 7-8 projects have the legal green light.
Real estate investors who experienced the period of 2008-2018 can understand what pulled the strings: objectively, political realm change.
In 2008, from a brokerage firm distributing products for Him Lam’s projects, Novaland has developed through 10 cleverly adapting years with more than 80 projects to become a developer as its own today. By the end of 2018-2019, with the change in Vietnam’s political system, Novaland’s projects gradually encountered difficulties in the process of projects egal completion. Affirming that this is not a small challenge Novaland’s leaders must face.
When Novaland firstly got the IPO in December, 2016, NVL fluctuated wildly between 45-60 points. After that, it was stabilizing the upward momentum in 2017 and maintaining the price around 60 points in Mar – May / 2018, and then being trampled down around the 52 consecutively until now. This illustration matches how the political change impacts Novaland’s business operation.
So, what is Novaland planning now and how can this developer handle the turning point?
Is Novaland’s development methodology in the past right or wrong and how does this affect the present?
Realtique just wonders if this question really matters.
In Life, many interesting things and views of what is right and what is wrong depend greatly on THE OUTLOOK – the way we see things, events and the world. The outlook then depends on the context, culture, education, life circumstances of each person.
So, for any specific matter, if there is a difference in thinking, why need to stir up the contention?
Challenges come before opportunities and rewards.
Good adaptation is better than good reaction.
If Aqua City is chosen as Novaland’s revival; and this idea can be achieved, how do you think Novaland’s profit will grow?
They will stand up right where they fall, sure.
Aqua City, serving this mission, is not merely a real estate project, but also nurtures the ambition and desire of the enterprise crowning its perfection.
Aqua City, with its peaceful eco-standards and marina where you can enjoy kayaking on the river along with trendy lifestyle through home management apps, will definitely be a place worth living in 3-5 years
And don’t forget the most important point of any real estate project is the location. The location of Aqua City is considered as the focal point for inter-regional connection
Distance from Aqua City to the city center is only:
- 15′ via Huong Lo 2 (completed in 2022)
- 15′ via Dong Nai 2 Bridge (starting 2020)
If people are still skeptical about the feasibility of Dong Nai 2 Bridge, then surely watching the following clip can relieve it:
Pressure to solve traffic congestion problems at the eastern gateway area of Ho Chi Minh City forces Dong Nai 2 bridge complete sooner or late
Traffic jams and pollution leading to the emergence of ecological cities in the world. It is imperative to relax the population, not to compress it
Indeed, in developed countries, it is normal for the formation of complete satellite cities with a distance of 20-30km from the center. The connection based on well-planned and developed infrastructures as well as the pressure from the growing population make these satellite urban areas the norm in Malaysia or Japan.
In Vietnam, this is not new for large satellite urban areas such as Vinhomes Grand Park (District 9) or Zeitgeist (Nha Be District), but Aqua City (Dong Nai Province) with high concentration to become a smart eco-urban area completed with:
- Surrounded by 32km of river
- Green natural harmony
- Strong connection infrastructures
- Fresh and peaceful air away from all of the bustle and hustle Saigon center
- Enhance the quality of life much higher by living in good natural environment
Specifically, if investors are still afraid of legal risks, Aqua City is offering: a commitment to buy back after 36 months with a capital yield of 15% / year and discounts up to 20,000 USD!
Of course, when the product is good and the sale program is attractive, there is not much time for investors to think.
Thus, investors observing the way Novaland is operating and understand the vital significance of the Aqua City project and these drastic commitments, investing in Aqua City certainly cannot bear zero risks, but if they do not understand the sources of the risks to counter with observation and analysis for a solution, what is the value of the investors?
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