Located in a prime location with 3 riverfronts, District 4 is now a part of HCMC’s central area. Instead of the former just behind the “shadow” of District 1. District 4 is now defined as the center, an integral part of the real estate market in HCMC.
In the south, it is connected to the Te canal at District 7 (Phu My Hung);
In the Northwest, there is the bustling Ben Nghe canal overlooking District 1.
In the Northeast is Saigon River, towards Thu Thiem new urban area
District 4, the locality with an important clue of Ho Chi Minh City on both waterway and road. According to the roadmap proposed by the People’s Committee, in the future there will be new investment. Giup for District 4 is easier to travel.
If according to the planning road, only by 2020, moving from District 4 to Districts 1,5,7, .. will become extremely easy. The development of the transport infrastructure system will break the previous isolation of this locality. The economic development here develops, leading to the development of real estate market. The result of the transportation system is that in recent years, the proportion of commercial services in the economic structure of District 4 accounts for more than 70%.
Recently, the official information on the City People’s Committee will approve the detailed planning scheme 1/500 scale District 4 port at ward 12,13,18 to plan Nha Rong port and Khanh Hoi port. This project is becoming the expectation and hope of many investors.
Under the scheme of the project, the area of sub-port 4 in district 4 has a total area of 45.03 hectares. 31.5 hectares will be used for the Nha Rong – Khanh Hoi port project, the rest will serve the local real estate.
With this project, the City People’s Committee wishes to turn district 4 into a modern urban area with education system, office building, commercial center, entertainment, hotel, residential area, complex International train stations, squares, trees, walking street, …
According to many assessments of experts, by 2020, along with the urban area right Ba Son shipyard. The project of Khanh Hoi urban area will contribute to the upgrading of District 4 and Ho Chi Minh City to help Ho Chi Minh City as the jewel of the far east as expected.
In order to contribute to the development of this project, the city has rushed to deploy some infrastructure such as Thu Thiem Bridge 2. The city also has a project to build bridges Thu Thiem 3 and 4. Not only that, The width of the Nguyen Tat Thanh road is also planned to expand to 30m (the extension is at Khanh Hoi port).
Especially, this plan also includes Vingroup with the Vinhomes Khanh Hoi project located on Nguyen Tat Thanh Avenue. All will contribute to bringing new face not only District 4 but also the entire city. Can be seen, with such schemes and development strategies. District 4 will become a “gold mine” for investors from real estate to commercial finance rushed here looking for the most profitable business opportunity.
Capitaland Project District 4
One of the fastest investors in District 4 last time was Capitaland Group from Singapore. This group is very fast with a project in the heart of District 4 called Delasol Capitaland District 4. According to information disclosed by Capitaland investors, the first phase of De La Sol apartment project in District 4 is expected to But even in 2018.
De La Sol is owned by Capitaland – one of the largest real estate corporations in Asia. This group is 40% owned by the Singapore government. They currently have over 150 cities in more than 30 countries. The main markets of this group are China and Singapore. In addition, Vietnam and Indonesia are the two most potential markets that Capitaland outlined their development strategy in the coming time.
CapitaLand is one of the largest real estate investment funds in Asia. With 5 mining credit funds in Singapore and Malaysia:
+ CapitaLand Mall Trust
+ CapitaLand Commercial Trust
+ Ascott Residence Trust
+ CapitaLand Retail China Trust
+ CapitaLand Malaysia Mall Trust
Particularly in Vietnam, CapitaLand has been present in 7 major cities and Ho Chi Minh City and Hanoi are the two most important areas that the corporation’s projects focus on.
Some basic information of the project
Project Name: De La Sol
Location: No. 1, Ton That Thuyet Street, District 4
Scale of project: 3 blocks, 23 storeys
Land area: 1.45ha
Phase 1: (expected to sell 482 apartments)
+ 1 bedroom apartment: 60 sqm
+ Two -bedroom apartment: 72-78sqm
+ 2 -Bedroom Apartment (Duo Key): 84sqm
+ 3- bedroom apartment: 93sqm
+ 3- Bedroom Apartment (Duo Key): 100sqm
+ Trio Key Apartment: 86sqm
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