4 reasons you should invest in apartments in East HCMC

The development of synchronous, diversified products – selling price, attracting foreign customers … are the reasons you should invest right in an apartment in the East of Ho Chi Minh City.

Potential for price increases due to infrastructure

Binh Duong, Dong Nai, Ho Chi Minh City, East of Ho Chi Minh City, including District 2, District 9 and Thu Duc are known as “speed king” of HCMC real estate market by a series of key projects along with the synchronous planning of infrastructure has been raising the value of real estate here.

The city’s implementation of Metro No. 1 Ben Thanh – Suoi Tien brings East and HCM City in general a new face, modern and dynamic. In fact, in developed countries, in areas where the Metro line passes, the value of the surrounding real estate project increases over time. For example, in Japan or the United States, the Metro element causes the price of real estate projects to follow the metro lines to increase on average from 7.5 to 20%.

Infrastructure projects are boosting the value of East HCMC

Besides the Metro No. 1 Ben Thanh – Suoi Tien is being deployed, the East HCMC also benefited from a series of key infrastructure projects. Highlights include infrastructure projects such as Ho Chi Minh City – Long Thanh – Dau Giay highway, belt roads, Thu Thiem 1 bridge, Thu Thiem 2 bridge, Thu Thiem 3 bridge, Thu Thiem bridge, Thu Thiem tunnel, Hanoi Highway extension, My Thuy intersection … After completion and putting into use, these infrastructure projects will increase the urban value of the East, especially District 2 – this is the factor that can promote the development of real estate in this area.

Green living environment, fresh

Surrounded by Saigon River, East HCMC is benefiting from modern infrastructure, convenient connection to the central area. All these factors are real estate investors summarized into the golden criteria: “the first is near market, the second is near river, the third is near road”.

The East of Ho Chi Minh City has a good habitat due to its large green areas and rivers

“Market” now does not simply mean “market”, but also developed in a wider sense, the city center. Currently, the elite not only care about the criteria near the center but also want to live in a quiet space, away from the noise of the city. Meanwhile, “river” has always been a factor that Asian people value. It is the beginning element of life, the movement of water will build up alluvium, bring living energy and fortune to the landlord. Thanks to the advantage of nice location, convenient, many projects have benefited and increased rapidly. This will be the most convenient area for those who want to use their capital to make a profitable investment, whether for rental or secondary investment.

Attracting large number of foreigners, high rental opportunities

Can be seen, with the advantage of the environment, location, infrastructure, landscape, East City has become the focus of attracting large numbers of foreigners to live and work. The prerequisite for attracting foreign visitors is the environmental factor. This is a region with a dense network of rivers, green living spaces, which provide fresh living environment with 5 star facilities such as commercial center, hospital, international school. The East is the capital of industrial parks, hi-tech parks, factories and research centers of multinational corporations. On the other hand, with the complete infrastructure, residents in the East also easily connect with the South – the area of ​​concentration of Korean experts.

The beautiful apartment, good living environment is attracting large number of foreign visitors

Investing in housing for foreigners to rent or invest in increasing capital interest in the high-end apartments are formed in the future, both of these forms promise attractive profit.

Diverse products with full range and price

It can be said that few areas in HCM City match the number of real estate projects. According to a report from Savills Vietnam, expected from the second quarter of 2017 to 2019, the HCMC real estate market will receive an additional 14,200 products from 44 new projects, of which 3 districts in the East is expected accounted for 55% of total supply. Some prominent projects are being implemented in the East of HCMC such as: Jamila Khang Dien (District 9), Gem Riverside Project, Q2 Thao Dien Project, Master An Phu Project Project Estella Heights … in District 2.

Real estate products in the East of HCMC are diverse in terms of price and segment

According to this report, the supply of villas and townhouses in Ho Chi Minh City will continue to follow two main axes: East (District 2, District 9, Thu Duc District) and South (including Nha Be District, District 7, Binh Chanh District. In 2017, the East and South are considered the two most desirable areas in Ho Chi Minh City by possessing many outstanding features, including diversification of products, segments and prices.

The East is the leading source of supply of apartments, houses in Ho Chi Minh City is completely understandable by the land fund here is quite wide. Moreover, with the natural advantages, surrounded by Saigon River, transportation infrastructure has developed rapidly.

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