Dong Nai Real Estate “Rising Wave” For Long Thanh Airport

Information Congress officially adopted the resolution will spend 23 trillion dong budget spent on compensation, support and resettlement to deploy Long Thanh International Airport make Dong Nai real estate ” rising wave” again. However, this “wave” is different from before, instead of pouring into the land in residential areas, cash flow is transferred to well-planned projects.

Land prices fluctuate.

While the story of Dong Nai province strangled separating the plot has not prompted Dong Nai real estate market to settle down, the past few days, information Congress officially adopted the resolution will spend $ 1,000,000,000 budget spent on compensation, assistance and resettlement for the deployment of Long Thanh International Airport have become a new “dose” for this market, as investors believe that Long Thanh Airport will change the face of the Dong Nai real estate market.

Back in Dong Nai last weekend, reporters at the hot spots of this market show that the atmosphere of buying and selling has become quite exciting compared to a few weeks ago. Many residential projects, land offered for sale prices have increased by 20 – 40%.

See more: Vietnam Real Estate News

For example, at Airport Golden Gate residential area, located in front of DT 769 Street, which includes street houses with the area of 80 – 183 sqm, previously sold at $ 282 / sqm, has now reached more than $ 326 / sqm. A broker in this project said, since the Prime Minister agreed to build the Cat Lai Bridge, the price has increased, so far information about the deployment of Long Thanh Airport, the price will increase.

Real Estate Dong Nai

Overall Long Thanh Dong Nai land

Similarly, in the project Long Hung urban area, only in nearly 1 month has more than 300 products land is traded. If more than 1,000 project products have new owners since the beginning of the year.

According to Tran Thi Cam Tu, Director of Donaland Company, the distribution unit of Long Hung urban area, not only increased transactions but also increased prices. Compared with the first phase of the market, the Long Hung project has an average price of $ 347 / sqm, currently trading at $ 520 / sqm.

Walking around the route leading to the airport construction area like the 10th incarnation and the route connecting the 10th incarnation to Suoi Trau commune, It is not difficult to see the “stork” land, pick up customers to buy land throughout the day.

In particular, the customer needs any land area and how the “story” is always available “available” introduced. Real estate trading floors in Long Thanh “dead” every day has risen and dense as “mushroom after rain”.

Pick up the infrastructure

According to the transportation development plan of the Southern Key Economic Zone, Highway 1 and National Highway 51 have been upgraded and expanded; Tan Son Nhat – Binh Loi – Beltway, Ben Luc – Long Thanh, Bien Hoa – Vung Tau is also stepped by step strongly invested.

In addition to projects on road transport infrastructure, the southern key economic region is also planning the high-speed railway routes of Ho Chi Minh City – Dong Nai – Nha Trang (belonging to the North – South express railway project) and Thu Thiem – Nhon Trach urban railway link underground with Long Thanh International Airport. Along with that, Cat Lai port, Phuoc An, Cai Mep – Thi Vai port … makes trading more convenient.

Most easily, along Highway 51 – where planning to build more traffic routes and develop logistics services for airports are booming housing prices, every day there are 1-3 brokers “growing” along the major routes leading to the location that will build the airport.

Likewise, also on the route 769, passing through the communes near Long Thanh airport project, including Loc An, Long An and Binh Son (in Long Thanh district), the flyers sell the airport land hanging on both sides of the road, sealed with rubber trees.

Real Estate Dong Nai

Expected of Long Thanh Dong Nai airport

According to the survey, 1 hectare of agricultural land near big roads offered for sale from $65,000 – $173,000/hectare. Agricultural land in Cam My district, areas near major roads, Long Thanh International Airport also increased by 20-30% compared to early 2016.

Not only exciting for the nearby areas, but the projects far from the Long Thanh airport, but the legal investment is clear and that is also the destination of investors.

Nguyen Thanh Lam, Chairman of Dong Nai Real Estate Association, commented: “The market in the first months of this year was relatively active, the demand and supply of land for projects increased and the selling price also increased.

Three Dong Nai real estate hotspots are Bien Hoa, Nhon Trach and Long Thanh, all of which have been and are about to have big infrastructure projects and especially all projects are “benefiting” the airport. It is likely that not only from now until the end of 2017 but a few years, real estate in Dong Nai will continue to be exciting.

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