Located at the gateway to the East of Ho Chi Minh City, the transportation system is constantly developing, making District 9 real estate more and more attractive to investors because of the potential to increase future value.
Located in the development strategy of the East of the city, District 9 is considered as the great potential area with a non-stop developing system. In addition to Ho Chi Minh City-Long Thanh – Dau Giay expressway, a number of key transport infrastructure projects have been implemented such as Belt 2, Ring 3, Monorail Thu Thiem – Long Thanh International Airport, etc.
Especially, the Ben Thanh – Suoi Tien metro and bridges connecting District 9 and Nhon Trach suburban district once completed will make it easier to connect to the city center, Long Thanh International Airport and neighboring provinces.
In addition, the city has invested thousands of billions of dong to upgrade and expand major transportation routes such as Nguyen Duy Trinh, Nguyen Xien, Do Xuan Hop, Phu Huu Bridge, Tang Long Bridge … contributing to reducing traffic pressure. This will help speed up the movement of goods. This is the key factor promoting the real estate market in District 9 increasingly developed and added value rapidly.
Land prices will rise sharply
With great potential for real estate in District 9, many investors have not hesitated to “down the money” to meet the housing demand of professionals, engineers, businessmen,… that are working in high-tech zone. In particular, the legal land area is always welcomed solicitously by investors.
In fact, in the area of Long Truong and Long Phuoc wards, the price is 17-27 million VND / sm. Near the intersection, the highway, a metro route is priced at 30-45 million per sm, up slightly compared to the time when the investor opened for sale.
According to real estate experts, the land of District 9 has always been an attractive market for investors because the infrastructure of this area is being invested strongly and gradually improved, which make its price increase.
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On the other hand, there are many large corporations inside and outside the country investing in high-tech zones, attracting a large number of workers will bring a large amount of housing demand. This is a huge source of customers for real estate projects, including those who intend to transfer or purchase land to build rental housing.
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