Officetel in Vietnam – a blue-ocean market

As announced by the General Statistics Office, only in QI / 2015 the were more than 19,049 enterprises established, most of them were small and medium enterprises.

Office rental in the downtown area is quite expensive and lack of small offices.

Workplaces and residental places are apart from each other costing lots of money and time.

All the things above promote the development of a new real estate model in Vietnam which currently Novaland is the pioneer developer – officetel model.

Novaland's officetel with area of 34.8 sm.
Novaland’s officetel with area of 34.8 sm.

OFFICETEL IN VIETNAM

This is a multifunctional apartment model rooted in Korean back in the 80s which combines workplace and residental place. This model saves much cost and time for the owners, especially suitable for small and medium enterprises who require small office areas.

That means those apartments include kitchen, living room, bedroom, toilet, etc. and office function. Currently, real estate investors often put officetels in the lower floors of buildings and the areas are ranged from 25 – 50sm.

Novaland's officetel with area of 34.8 sm.
Novaland’s officetel with area of 34.8 sm.

WHAT ARE THE OFFICETEL BENEFITS?

First, the location of these buildings with officetels are often in the downtown area, convenient for travel.

Second, the workplace and residental place are in the same unit so you can save lots of money and time.

Novaland's officetel with area of 34.8 sm.
Novaland’s officetel with area of 34.8 sm.

Third, you can enjoy all the advanced facilities in the building such as swimming pool, commercial center, cafe, internal park, etc. a high-class lifestyle and a full-function workplace.

Fourth, for individual investors, this kind of apartment brings high profit margins due to low initial investment (only from VND900M (USD45.000) per officetel unit) and the scarcity of supply in comparision with the demand in the current market.

Novaland's officetel with area of 34.8 sm.
Novaland’s officetel with area of 34.8 sm.

Fifth, officetels are suitable for single people or small families who are limited in financial capacity.

Sixth, high liquidity due to the low total value, easy to buy and resale.

And many other advantages.

Novaland's officetel with area of 34.8 sm.
Novaland’s officetel with area of 34.8 sm.

WHERE TO BUY OFFICETEL IN VIETNAM?

Currently, officetels are pretty new to the market and the supply remains limited. Novaland is the pioneer of this thriving market model. These projects with officetels you can refer to are: Orchard Garden project, GardenGate project, Rivergate project, The Tresor, Sunrise City project, Sunrise City ViewThe Sun Avenue project, Kingston and so on.

The price of an officetel is only from USD45000 per unit.

Novaland's officetel with area of 34.8 sm.
Novaland’s officetel with area of 34.8 sm.

Any questions, please contact:

Novaland’s Sales Department

No. 23 Truong Son St, Tan Binh Dist, HCMC.

Hotline: 0937891909.

Thanks and best regards.

See also:

http://kinhdoanh.vnexpress.net/tin-tuc/bat-dong-san/novaland-ra-mat-mo-hinh-van-phong-tien-ich-office-tel-3093860.html

http://en.wikipedia.org/wiki/Officetel

http://www.novaland.com.vn/thong-tin-du-an/novaland-ra-mat-thi-truong-mo-hinh-van-phong-tien-ich-office-tel