The HCM market needs to be wary of land fever in Can Gio

HCMC real estate market is more interested in Can GioIt is now the only island district of Ho Chi Minh City with 4 seas. Previously, the economy here was mainly based on fishing and eco-tourism. But now more can be known about Can Gio thanks to the ground.

Can Gio is a place of peace, people mainly live by the sea. The area is about 70km from the city center. And it is a primeval forest, a biosphere reserve in the world. Should on the weekend, Can Gio welcome quite many guests from the resort. But from April 2017 to now, this island district is more famous thanks to land fever.

Can Gio is a peaceful and peaceful place as the biosphere reserve of the world

Landfill is due to infrastructure information

The cause of the land fever in Can Gio originated from information Binh Khanh bridge will be built. To connect the city center with this island district instead of the current lagoon. Starting from that, many investors came to this island to collect land for investment wave.

On the Duyen Hai road, Can Thanh commune, formerly two strong roads are large salt fields, with endless casuarina. But now, the salt fields have been leveled up with land plots. Casuarine road is full of signs to sell the land.According to the time of land fever, the price of land in the front of Rop Sac road, Binh Khanh commune, early 2017 only VND3.2 million/ sqm . When the land fever occurred, the price has jumped to VND17 million / sqm. And now the land fever in the central area has been gone for some time. But land in Can Gio now remains at an average of VND25 million / sqm.

The roads in Can Gio now have no more casuarina trees on either side. Instead, the signs for selling land emerged

Land prices on this road are also believed to have strong fluctuations. At the beginning of 2017, the selling price was recorded at VND 3.2 million / sqm. But now it has reached VND16.3 million/ sqm (up 406%).

Thanh Thoi road, Long Hoa commune is also a hot spot of land fever. After a long period of land price of VND 10 million / sqm, the price has now surpassed VND13.5 million / sqm (up 318.6%) compared with the beginning of 2017.

Can Gio District is located about 70km south east of Ho Chi Minh City. There is a 13 km long coastline with mangrove ecosystems. Recognized by UNESCO as the world’s biosphere reserve.

In addition, there is a system of dense rivers and historic Sac forest – a place to hide revolutionary staff during the two wars against France and the United States.

This island is set to become an ecotourism destination. With the construction of the long road Nguyen Luong. The last point is Sac forest relic.

Along with it is construction of Binh Khanh bridge and Can Gio open sea tourism, .. All will create conditions for the island district can develop the economy.

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In addition, in December 2017 City People’s Committee has decided to open passenger transport routes Ho Chi Minh City – Can Gio – Vung Tau. Facilitate the need to connect to Vung Tau to shorten to about 30 minutes.

City People’s Committee has decided to open passenger transport routes of Ho Chi Minh City – Can Gio – Vung Tau

These projects will turn Can Gio into “big site”

However, the peace of this island district will disappear as the big guys will come here to invest in big resort projects. Experts said that infrastructure will be necessary conditions for economic development of Can Gio. But it will also have negative effects, which affect the peace of the island district.

Mr. Nguyen Van Hiep – former Deputy Director of Ho Chi Minh City Construction Department. Governments need to be wary of the land fever in Can Gio.

Since this is an island district, the planning will be different from inland. Therefore, the current status of land subdivision will occur to break the planning of the island district.

Not only is planning, but this is a four-sided island district that is sea and forest. If the ground is subdivided for sale and construction works. The natural landscape here will also be broken.

Can Gio is always the “lung” of Ho Chi Minh City, so if it is invaded, the impact on the city is very much. Human impacts on this biosphere reserve will have an unpredictable impact on the environment. Not only that, it is also an important area of ​​national security.

If the status of land plots as current continues. The World Biosphere Reserve will be destroyed in a short time

Mr. Phan Cong Chanh – a real estate expert also predicted that. If this situation continues, the real estate Can Gio will be virtual fever. Therefore, customers need to be aware of such a hot market to avoid being affected by price fever.

In addition, psychological factors are very important in real estate investment. Avoid intuitively, or invest in the crowd. Have your own opinion and be firm in investment. To be able to become a smart investor in Can Gio now.

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