Since the lockdown, 2022 has been a peak year for Vietnam’s industrial property sale market. Especially since the trend of investing in industrial land continues to leave both domestic and foreign investors wanting. So for 2023, what type of property should investors choose to maximize profits and reduce risks?
Will it be more profitable to rent or buy industrial property?
To make industrial property for sale or rent meet business needs, it is a problem that many businesses must carefully consider before investing capital. This is not only decisive for the overall business strategy but also affects the source of costs for enterprises to serve the production process.
If you are in need of a factory to serve business needs, renting land will be the right choice. Because the land lease model will be a priority for the state, it will serve the sustainable economic development of each locality. At the same time, support for legal procedures will also be faster.
However, renting land also has many disadvantages when there are disputes: having to relocate, affecting production activities, and causing costly and time-consuming complaints.
Many businesses choose to buy land for external factories, such as warehouses in Da Nang, Long An, Hai Phong, etc. The advantage is that this is the property of the enterprise, so it will be stable and long-lasting. longer than renting land. At the same time, land prices can increase over time. After a while, many businesses will re-lease or change the function of their land into residential land, which will bring a huge source of profit.
5 things investors should pay attention to when investing in industrial property
Buy property for factory buildings is a long-term investment for businesses that want to stabilize and expand their operations easily in the future. If you know how to seize the opportunity, the amount of money invested in industrial land will bring huge profits. To achieve that, investors need to pay attention to the following 5 things when buying and selling land projects in IPs:
– Firstly, the ability to link with other types of real estate next to industrial zones to increase business potential and exploit the source of skilled labor and experts.
– Second, the potential for future price increases. Many areas with strong development potential contribute to changing the position of IPs in the market. The concentration and attraction of investment capital will help industrial land prices increase sharply, contributing to the increase in land rental and purchase prices.
– Third, choose the type of land lease suitable to the needs of having a stable business development location and saving operating and freight costs. In particular, businesses should pay attention to preferential policies on the tax rate that they need to pay according to regulations.
– Fourth, note the vague information about projects regarding planning information and the possibility of building permits. These are the risks investors often face that cause capital to be buried.
– Finally, the ability to transfer part of or all of it to a third party to create more profit sources while avoiding waste
Read more: Renting Good Quality Warehouse in Long An in the first half of 2023
Savills Vietnam is the leading consulting service for buying industrial land in Vietnam
The system of projects spanning all provinces and cities has helped Savills Vietnam quickly meet the needs of enterprises to buy and sell industrial property. With the characteristics of industrial land with a long term of use, ensuring stability for the operation of domestic and foreign enterprises. Legal issues are guaranteed when buy property for warehouses, and the enthusiastic support of experts will save time and costs.
In particular, the constantly updated market database will help experts give practical advice and judgment on the changing trends in investment. From there, businesses can decide to invest in warehouse property in Dong Nai for sale, Long An, or Da Nang more easily.
The clear and professional consulting process will help the Savills Vietnam team understand your needs, offer a suitable solution to buy industrial land at a competitive price, and grasp the possibility of future development of the area.
Some of Savills Vietnam’s outstanding factory land acquisition projects include:
Selling 8.3 ha of industrial land in Long Thanh, Dong Nai
– The whole area: 8.3 ha.
– Vacant area: 8.3 ha
– Land use term: 2053
– Contact Savills Vietnam for pricing.
Selling 4.3 ha of industrial land in Nhon Trach, Dong Nai
– The whole area: 4.3ha
– Vacant area: 4.3 ha
– Land use term: 2053
– Contact Savills Vietnam for pricing.
Hi-tech workshop for rent in Da Nang
– Vacant area: 340,000 m2
– Minimum lease term: 5 years
– Floor load: 1 ton/m2
– Ceiling height: 6 m
– Contact Savills Vietnam for pricing.
STN-LFL02 industrial land for rent in Tay Ninh
– Entire area: 108 ha
– Vacant area: 78 ha
– Land use term: 2059
– Contact Savills Vietnam for pricing.
Read more: Unleashing Opportunities: A Comprehensive Guide to Investing in Vietnam
Conclusion
At this time, when the supply of industrial land is still expanding throughout the provinces, this is a very good opportunity for investors to “pour capital” to catch the trend. Because industrial land is still forecasted to be a potential type of real estate, it can easily generate high profits in a short time.
If you are in need of advice on industrial property for sale, please contact Mr. John Campbell via the hotline at 0986.718.337 or the senior staff at Savills Vietnam. We provide industrial land projects at the most competitive prices, ensuring legality and long-term use.
In addition, you can refer to industrial real estate projects at Savills Industrial here.