The need to “upgrade houses” among Hanoi residents is increasingly essential
In recent years, many apartment buildings in Hanoi have been seriously degraded due to operational management problems or a lack of regular maintenance and repair. To be specific, according to the Hanoi Department of Construction, there are currently 1,579 old apartment buildings in the city, including 1,273 houses of 4-6 floors in 76 apartment complexes and 306 detached apartments. These buildings house a population of nearly 240,000. Of these buildings, 179 are being degraded, while the renovation and reconstruction of old apartments remain time-consuming and inadequate.
In addition, many apartments nowadays lack or do not have enough green spaces or public utilities while the land funds reserved for greenery in sharedspaces is overrun with houses, parking spaces, and food stalls erected by locals, which negatively impacts quality of life.
|Masteri Waterfront: A home with a green living space and full utilities that all Hanoians dream of |
The deteriorating quality of life and unsafe housing conditions have emphasised the increasing need for Hanoians to upgrade their current accommodation. Nguyen Van Sinh, Deputy Minister of Construction, recognised the ever-growing housing demand in 2021-2030, especially in major cities like Hanoi. Similarly, the need for renovating and replacing houses with those of higher quality is also expected to increase. Residents, especially those of young families, desire a green living space full of utilities and beneficial for the comprehensive development of their children.
Home for Home solution at Masteri Waterfront bringing international living standards
Despite the strong need for upgrading current accommodation, many families still have limited financial resources, making the replacement or upgrading of a house a challenge. Therefore, removing financial obstacles will be a top priority to help residents purchase houses in major cities like Hanoi. On account of this, Masterise Homes has partnered with Techcombank to offer the "Home for Home" solution to Hanoians in its first project, Masteri Waterfront.
With only a current saving of VND50 million and without having to make any immediate payments until unit handover, residents who have a stable income and own real estate in Hanoi could upgrade their current accommodation to premium projects.
Sharing about the value of the Home for Home solution, Jason Turnbull, deputy general director and head of finance at Masterise Homes said, “Not only do we pioneer a series of world-class luxury real estate projects, we also always focus on creating sustainable solutions for customers. Through Home for Home, our goal is to create end-to-end housing services in Vietnam, helping customers to easily and quickly upgrade their living space with clear financial planning to avoid any disruption of everyday life.”
|The Home for Home solution of Masterise Homes will be applied to real estate projects in the Masteri segment |
Thanks to a clear financial plan, with the Home for Home solution, Hanoians can easily enjoy an international living standard at Masteri Waterfront – the most liveable high-end apartment complex in the heart of Ocean Park, created by Masterise Homes – Vietnam's top Branded Residences developer.
International standards set by Vietnam's top branded residences developer
Holding the top position of Branded Residences in Southeast Asia, Masterise Homes affirms its international capabilities through its partnership with Marriott International – the world's largest hotel chain with the brands of Marriott, JW Marriott, and the Ritz-Carlton.
Along with the strong potential from its bank of "golden land plots" in Hanoi and Ho Chi Minh City, projects developed by Masterise Homes have created a sensation in the market right from their teasers, including Grand Marina, Saigon, or the upcoming The Grand in Hanoi or One Central in Ho Chi Minh City.
|Infinite view over the saltwater lake at Masteri Waterfront |
Also at a "golden location", Masteri Waterfront is located in the heart of Ocean Park. The project towers over a 6.1-hectare saltwater lake and a 24.5ha central lake with white sandy beach. This location allows Masteri Waterfront to become the centre of a 2-layer amenities system, equipped with the great utilities of the urban area such as the BBQ garden, the Gym park, Vincom Megamall shopping centre, Vinmec hospital, Vinschool inter-level schools, as well as 22 exclusive international-standard amenities for Masteri residents such as the distinctive reception lounge, the in-water lounge, the roof garden, or the indoor swimming pool with a panoramic view of the project.
|The indoor swimming pool, one of the exclusive amenities for Masteri Waterfront residents |
In addition to outstanding design, international standards are also applied to the minor details at Masteri Waterfront such as facilities from world-leading brands like Hafele, Daikin, and Kohler. Especially, residents at Masteri Waterfront will be pleased with the 24/7 bespoke international standard property and asset management for value preservation from Masterise Property Management.
Owning all the makings of world-class living, Masteri Waterfront is a dream for many Hanoians, offering a unique living experience of international standards. Saving time and reducing financial burdens, Home for Home is the perfect solution to upgrade a house, realising the dream of owning a Masteri Waterfront apartment, and beginning a world-class living experience.