Vietnam Real Estate points through 9 major projects that are changing the face of District 4 in general and Ben Van Don area in particular:
Being clamped between District 1 financial center and Saigon South new urban area of District 7, within the past few years, District 4 in general and Ben Van Don area, in particular are becoming extremely attractive real estate investors. According to the latest data, there are dozens of big projects that have been and are about to be established in this area. Some large companies in the industry such as Novaland Group, Phat Dat, TNR Holdings … are deploying many scale projects to thousands of apartments in Ben Van Don, contributing to the lively and fierce competition.
Among the big investors are implementing projects in District 4, it can be seen Novaland Group is a real estate investor who owns many beautiful projects on this route. Specifically, the road to the Ong Lien bridge and connecting to the Vo Van Kiet Boulevard, Novaland Corporation owns the Galaxy 9 apartment complex (the project has been handed over and put into use) and the Rivergate complex is located at the foot of Ong Lien bridge (this project is under construction).
Also in the area of Khanh Hoi Bridge and Nha Rong Port, Novaland also has three projects: icon 56 apartment complex, The Tresor complex and newest Saigon Royal complex. All three projects are located on Ben Van Don street, specifically Icon 56 (56 Ben Van Don); The Tresor (39 Ben Van Don); Sai Gon Royal (34 – 35 Ben Van Don).
Not far from Saigon Royal, the alliance of Hong Ha Company and Tien Phat Company is also co-investing in the Grand Riverside project in Ben Van Don. The 22-storey high-rise project with a total of 240 apartments. The investor plans to hand over Grand Riverside apartments to customers in 2017.
Next to Grand Riverside, the TNR Holdings Group’s The Gold View project is being constructed to the 28th floor of Tower A. Investors expect Tower B to be topped off on March 12.
In particular, most recently, Thao Dien Investment and Phat Dat JSC introduced the project of luxury apartments Masteri Millennium. Prior to that, Phat Dat completed the procedure to reclaim 132 Ben Van Don land lot from Nguyen Kim Investment and Development Joint Stock Company to develop this project. Currently, the progress of the project has completed the tunnel and is pouring commercial concrete blocks.
Also located at Ben Van Don Street, CapitaLand Group in late 2016 has officially announced the acquisition of the project in Cau Kho Ward, District 1, Ho Chi Minh City. According to the research, this is VRG River View by Canh Song Co., Ltd. as the investor. When purchased, the company will build two buildings.
One of the projects of interest in Ben Van Don – Masteri Millennium opened the last sale with many incentives such as 30% payment to the house without a bank loan, very suitable for investment without proof of income.
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