Sai Gon real estate: western bank – modern urban mission

The golden land on the western bank of Saigon River will take on the mission. Make HCMC a modern city with the support of infrastructure. What will the real estate market look like?

Along the western bank of the Saigon river (from the foot of Sai Gon bridge to Tan Thuan port). It has begun to build towers on the old river port.

While the waterfront from Binh Thanh to District 1 has been filled with projects, with dozens of buildings.

Then on the side of District 4, Nha Rong Port, Khanh Hoi and Tan Thuan Commerical Port are the “gold” land left over after the old infrastructure relocated.

The area of ​​Nha Rong harbor and Tan Thuan port also has some “golden” land areas as the infrastructure also leaves

 The infrastructure is a factor in the development of the project

Bridges were invested to connect the old urban area to the new urban Thu Thiem. Considered to be a factor promoting urban development on both sides of the river.

As the Thu Thiem 1 bridge was completed, super projects have been formed on the west bank such as Vinhomes Central Park (Thu Thiem Bridge 2 has just been proposed for investment, Vinhomes Golden River project (on the platform of the Ba Son shipbuilding) has formed the first.

Next, the Thu Thiem 3, 4 bridges to support the connection with Thu Thiem Urban will be the opportunity for Nha Rong – Khanh Hoi and Tan Thuan to transform themselves into modern urban areas.

With the Nha Rong – Khanh Hoi (belonging to the 4th Army – Saigon Port) due to the complete system of wharfs, waterway connections have long been convenient.

So, when the transition is successful, this area will become an important hub in the development of passenger transport and waterway travel.

Earlier this year, the People’s Committee of Ho Chi Minh City also issued a decision approving Ngoc Vien Dong Urban Development Investment Company to be licensed to carry out Nha Rong – Khanh Hoi Complex.

Ngoc Vien Dong Company’s Nha Rong – Khanh Hoi complex is a project of great interest to the HCMC real estate community.

With total land area, water surface is about 31.5 ha. The location and boundaries of the existing site are only relative. Scale will be most accurately determined when the land is officially assigned to the investor implementing the project.

The investment scale of the project as approved includes: mixed-use high-rise buildings. There are commercial and service centers, 3,116 apartments, 32 villas, three-level education facilities, medical stations and technical infrastructure.

There are many groups of joint ventures to build bridges and real estate investment are proposed to build Thu Thiem 3 bridge  and upgraded Ton Dan road in the form of public-private partners.

It is not only the intention to invest in Thu Thiem bridge. 3. The Thu Thiem 4 bridge is also planned to be built after the Tan Thuan cargo port is relocated.

Thu Thiem 4 bridge project is estimated at VND5,200 billion. The project is expected to boost socio-economic development in the south of the city. This is a project that Ho Chi Minh City put on the list should be invested immediately, because of its importance.

With the impetus of such infrastructure, it is not difficult for the west bank of the Saigon River to be filled with high-rise buildings. As every investor always wants to develop their project on the “golden” land has synchronized infrastructure.

Special mission located on the west bank of the river.

According to the planning scheme of 1 / 2,000 the center of 930 ha of Ho Chi Minh City. In general, the whole center has a coefficient of land use (the ratio of the total floor area to the area of ​​land plot) is 4 (determined based on ability to meet the traffic) .

In particular, the average land use coefficient in the city area is: the west bank 6, the central 5, the central core 3, the lowest district villa 3 only 2.5.

Thus, the coefficient of land use in urban areas in the city has the highest coefficient of land use (6) is the west bank of the Saigon River. 1.5 times higher than the average land use in the central area, higher than the central core of trade – finance.

West of Saigon River has the highest coefficient of land use. As the area is growing many buildings

According to the HCM City Department of Urban Planning, the city has chosen to develop the west bank of the Saigon River. It is to ensure the balance between urban development and conservation – the development of land after relocation.

Real estate expert Tran Khanh Quang commented: “In addition to the great value of location, the view of rivers, lakes and canals is also the second most important criterion for the real value of real estate. If you know how to exploit, the river view will increase value by 10-20% for real estate. This figure is really very encouraging numbers for investors. “

Less than two years have passed since a number of developers have been implementing projects on land previously seaports.

New urban architecture in the West Bank has been shaped. Many skyscrapers have stood in the New Harbor, Ba Son, … And also in the Nha Rong – Khanh Hoi and Tan Thuan is no less.

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