District 2 owns a favorable location and a modern transportation network:
The favorable location
District 2 is located in the East of Ho Chi Minh City, on the left bank of the Saigon River. The North is adjacent to Thu Duc and Binh Thanh District; the South borders with District 7, and Nhon Trach District in Dong Nai Province; East borders with District 1, District 4, and Binh Thanh District. This place has many advantages to become a new urban area as well as the transport junction between a road and waterway connecting the city with neighboring provinces: Dong Nai, Ba Ria – Vung Tau, Binh Duong.
The modern transportation network
Currently, many major infrastructure projects are being implemented with large real estate projects here. In the few years, there are many major transport projects developed quickly such as East-West Boulevard, Thu Thiem tunnel, Ha Noi highway; and important routes such as the first Metro line in Ho Chi Minh City, the ring road linking Phu My Bridge. High-end projects are invested and developed such as Thu Thiem Tunnel, Sai Gon 2 Bridge, Mai Chi Tho Avenue, Vo Van Kiet Street, this helps reduce traffic on important routes and shorten time to move from District 2 to District 1 and other central districts.
In addition, you can refer to the projects being sold in District 2, here: Selling apartments in District 2 HCMC
District 2- attracts many domestic investors and foreign investors.
Many keen investors have grasped the potential and bright spots in the District 2 real estate market so they have chosen District 2 to develop the project. Including projects such as Thu Thiem new urban area, An Phu – An Khanh urban area (Imperia apartment, Lexington Residence, The Estella…), villas along the Sai Gon River. Especially, Masteri Thao Dien luxurious apartment is invested by many famous investors in the field of real estate, finance such as Vingroup, Techcombank, and investor of Thao Dien Investment Joint Stock Company. This is one of the typical projects and it is expected to bring a new look for District 2.
District 2 with housing projects having outstanding architecture and landscape
The general trend of current real estate projects:
An important element to highlight every apartment is that the project not only meets all facilities but also meets the aesthetic needs of society as well as the customer. The general trend is gradually becoming the advantage of every project is the green landscape. This meets the needs for fresh living space. The projects with the favorable location, unique design, and natural landscapes will become the target of many smart investors.
District 2 catches and keeps up with the trend:
The current trend is the projects with modern design, green space and it is also a development trend in District 2. Areas and routes such as Ben Thanh – Suoi Tien metro line, Ha Noi highway, Thu Thiem bridge, East-West Avenue, Thu Thiem Tunnel… are the focus of this trend. These changes are expected to renew the urban structure, to attract many investors in next years.
District 2 is prominent and potential with Thu Thiem new urban:
Thu Thiem New Urban Area is one of the major attractions of District 2. The project is expected to become the economic, financial and social center of Ho Chi Minh City in the next year. This new urban area plays an important role in the development of the city and the Southern Key Economic Zone (SKEZ).
The development of Thu Thiem will help District 2 become the priority development area in Ho Chi Minh City and promote the development of the housing market in the district, especially the apartment segment for sale.
The real estate market in District 2 is highly stable.
Like the real estate market in District 7, the real estate market in District 2 is highly stable. Therefore, many investors want to invest in this area. In here, they can predict the price change of the product lines they invest in. … so they can control the market here. The price of luxurious apartments is going up because the “rental market” in this area is very good and vibrant. This “fever” is going to last a long time to raise the real estate market in District 2 to a new height.
District 2 has the infrastructure is unique, modern and is fully planned.
The infrastructure is unique, modern and is fully planned, District 2 is an attractive destination not only for domestic and foreign investors but also for customers who want to invest and find an ideal living in a modern, civilized urban area. This is one of the important factors affecting the real estate market in District 2, Ho Chi Minh City.
With the outstanding features that District 2 has, we believe that District 2 will become one of the “hottest” and brightest real estate areas in Ho Chi Minh City.
You are reading the article “Can District 2 Become A “Hot” Real Estate Area Of Ho Chi Minh City?” in the section “Real Estate News” on the website: realestatevietnam.com.vn
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