Real Estate Project In District 12 Comes From The Unique Position

While the real estate market is warming and focusing more on the downtown area and Saigon East, gradually the end of June, the real estate market in coastal areas is starting to show signs of warming and rising transaction volume. But the question here is why real estate projects in District 12 thrive and attract so many investors?

Advantages of District 12

District 12 is a district located in the northwest of Ho Chi Minh City with the advantage of the provinces of Tay Ninh, Binh Duong and the districts of Ho Chi Minh City. In recent times, District 12 real estate market has been more vibrant, growing in tandem with the recovery of the real estate market in general. District 12 has a favorable infrastructure for economic and social development, the opportunity to develop projects in District 12 is enormous.

Highlights of District 12 because this is the last stop of Metro Line 2 metro connection to Ben Thanh station. As a result, property prices in this region also increased by at least 10% in value.

Convenient transportation system: Truong Chinh Street, avenue connecting Tan Binh District, through District 12 to the North West Gate of Ho Chi Minh City has been extended to 10 lanes. Many busy shopping centers, high-rise buildings and apartments also quickly formed along this avenue, making residential districts of District 12 quick to form and expand.

The vacant land fund in District 12 is quite large

The projects aimed at creating affordable housing for the majority of young people with stable incomes are eager to own a house to “settle down”

Real estate projects in District 12 can thrive: According to the general planning of District 12 to 2020, the district will be oriented towards sustainable development, a balance between infrastructure and green environment. District 12 towards a modern new urban area, welcome the wave of living space green, close to nature. In addition, each ward will have a project for low-income people to live and resettle.

District 12 towards a modern new urban area, welcome wave of living space

Housing prices in District 12 diverse

Currently, land prices in district 12 according to the land price list of the People’s Committee of Ho Chi Minh City ranged from VND1.7 to VND8.7 thousand / sqm

The highest price is at Truong Chinh street (VND 8,700 /sqm), Nguyen Anh Thu (VND 7,000 /sqm), Phan Van Hon (VND 7,400 /sqm), Nguyen Van Qua (VND5,700 VND /sqm) …

The lowest prices are at Bui Cong Trung, Bui Van Ngu, Dinh Giao Khuc, Thanh Xuan, Thanh Loc, Hiep Thanh …

Land price of the project cost from VND7million to VND14 million/ sqm depending on the area and the project. For example, the residential area of Ha Do Thoi An, Le Thi Rieng Street, selling price from VND10 million to VND13 million /sqm, including VAT depending on the townhouse or villas.

Land price in district 12 according to the land price list of the People’s Committee of Ho Chi Minh City ranged from VND 1.7 thousand to VND8.7 thousand /sqm

Should investment real estate in District 12?

According to many real estate experts, in the current market situation, real estate in the north of Ho Chi Minh City will become hotter than ever. Especially the District 12 Huoc Mon projects. In the context of suburban landholdings in Districts 2 and 9, the district’s strategic location has become increasingly narrowed by real estate investors.

District 12 is a suburban district, where the land is wide. The air is airy, convenience is more pleasant than the surrounding area.

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District 12 has many real estate projects in harmony with nature, towards the green environment.

The price of real estate here is cheap, extremely diverse with many types of houses as well as serving all customers with different needs and incomes

Moreover, Vietnamese psychologists only want to own a house (private house) but in Saigon, it is not easy because a land fund is increasingly limited, the price of central land is high. In addition, the transport infrastructure connecting the neighboring areas to the city center is easy and convenient.

The price of real estate here is cheap, extremely diverse with many types of houses as well as serving all customers with different needs and income.

The price of real estate here is cheap, extremely diverse with many types of houses as well as serving all customers with different needs and income.

From the above characteristics, investment in real estate projects in district 12 is very reasonable with the market as well as geographical characteristics today. But with the fierce competition requires investors need precise strategies to bring the highest value. Need to design delicate, synchronous, highlighting and interest in the quality of each new project can be successful.

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