Ba Ria – Vung Tau Real estate market set up new price

The strong inter-regional connectivity is making Ba Ria – Vung Tau an emerging real estate market. The emergence of large-scale projects is dragging investors massively landed here, pushing the value of real estate increased day by day.

Peaceful land attracts birds.

Last time at land prices in the bordering markets with HCMC has inherited advantage from infrastructure such as Long An, Binh Duong, Dong Nai having increased quite high and formed a new price.

However, according to expert analysis, Ba Ria – New Territories is the “hot” realm in the satellite real estate market. From late 2017 until now, the price of land in almost all districts, cities in the province, especially in the central area of ​​Ba Ria, Tan Thanh, Chau Duc … increased sharply. The number of real estate transactions and transactions in these localities also increased by 20-30%, even up to 50% compared to the end of 2017. However, compared with other localities as well as Ba Ria Vung Tau has a relatively soft price.

Recognizing the market opportunities, a lot of “real estate” in HCM City landed on Ba Ria Vung Tau hunting for land fund to develop the project. Recently, Danh Khoi Real Estate Joint Stock Company has announced the Barya Citi project. With an area of ​​8.7 hectares, it is located at the golden position in the administrative center of the province, with 3 fronts of Truong Chinh (National Highway 55), Cach Mang Thang Tam and Nguyen Van Cu.

Barya Citi, one of the medium-scale urban area project landed Ba Ria – Vung Tau real estate.

Mr. Duong Minh Tien, Head of the Development Board of Danh Khoi share, this is a project that Danh Khoi investment to become the first urban urban model in Ba Ria center. “For a long time, many urban areas have been formed but lack of facilities and social infrastructure, so some urban areas do not attract residents,” Tien said.

To overcome this restriction, Danh Khoi will build houses for sale and at the same time invest in internationally-class facilities of modern swimming pools of 58m in length, in excess of the standard of a 50 meter long Olympic swimming pool; Tropical bar; Trading – Service Center – Supermarket; International schools are on campus; Children play modern, “Mr. Tien said. It was from the” toxic “elements of the project, as soon as announced, the project has received special attention of customers.

A series of real estate businesses are also planning to pour capital into this area. For example, Hung Thinh Group has recently spent nearly VND1 trillion to buy 4 projects in Vung Tau, and Viet Han Real Estate Company is carrying out two large projects with a total investment of $2 billion; Gia Long Company, Nam Hai Company with Gia Long Villas project and Marine estuary villas, Tuan Chau Group are also planning to launch billion projects here …

Surf the infrastructure

The wave of real estate boom in Ba Ria – Vung Tau is caused by the infrastructure works connected regional planning. Especially, Ben Luc – Long Thanh expressway connects two potential real estate markets namely the South East and the Mekong Delta. HCM.

According to the Project Management Board of the Southern Expressway, at the latest in the third quarter of 2018, the project of Ben Luc – Long Thanh expressway Long An – Nguyen Van Tao – Ho Chi Minh City. Ho Chi Minh City will open the car in the third quarter of 2018 and the year 2020 will be through the entire route.

In addition to the Ho Chi Minh City-Long Thanh-Dau Giay Expressway, the Ben Luc – Long Thanh Expressway is being prepared to be put into use to connect the entire western region with Dong Nai and Ba Ria – Vung Tau easily. A series of other inter-regional connectivity projects are under construction.

With the influx of a number of individual projects and investors, the Ba Ria – Vung Tau real estate market is setting new price levels

Recently, the Ministry of Transport (MoT) has approved the detailed plan of the South East Sea Port (Group 5) in the period up to 2020, with orientation to 2030, including Ho Chi Minh City, Dong Nai, Ba Ria – Vung Tau, Binh Duong, and wharves on the Soai Rap river, Long An.

At the same time, the Ministry of Transport will give priority to the Bien Hoa-Vung Tau expressway, focusing on the Bien Hoa-Cai Mep section, enhancing the connectivity of Cai Mep – Thi Vai port area. . At the same time, to build inter-port routes and routes linking to the ports of Cai Mep – Thi Vai area. Construction of access road to the harbors of Hiep Phuoc area. In particular, investment to complete the North-South backbone road to Hiep Phuoc port industrial zone. The Feasibility study on connecting the railway to the port of Cai Mep area. Report on investment in the development of waterway corridors and logistics in the South with ODA.

According to the analysis of experts, Ba Ria – Vung Tau is the locality meets the elements of “natural time, land to become the largest real estate market in the neighbor area of HCM.

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