The price of land in District 1

It is not easy to make a living in District 1 when the price of land in District 1 is the same as the land of gold. This is not surprising, as this is the central location of Ho Chi Minh City. This is where only rich people think of buying houses, buying land here.

The price of land in District 1 has never stopped warming, it keeps rising to dizzy from time to time. Chin in three billion in hand and still do not know whether to buy a home in this district or not. To know about the housing situation in District 1, Realestatevietnam would like to share the useful information below.

Real estate prices are rising

Housing prices in District 1 are increasing

Housing prices in District 1 are increasing

Not only in District 1, now the price of housing is increasing, so the opportunity of home ownership of low-income people far from the hand.

There is no place under VND1 billion in the center of Ho Chi Minh City, this is impossible at the present time. Therefore, to settle down in Saigon is the trust of many people, not of anyone. At present, the price of district 1 is so high that many people want to live in the city center more and more headaches than ever.

Soaring land, virtual fever, never stopped by price cuts. Therefore, who owns land in District 1 is like holding gold in hand.

Why is housing prices in District 1 increased sharply?

First, District 1 is the major financial center of the country, attracting many foreigners to live, work or travel.

Secondly, there are many big projects being built that contribute significantly to the increase in house prices and business premises.

Third, owning the location of gold, good traffic, easy access to neighboring districts by standard traffic route.

Therefore, the price of land in District 1 does not stop escalating day by day and makes many people have a headache do not know when to own a property in this place.

The route has high land prices in District 1

According to a study on the top 10 roads with the highest land prices in Saigon up to the end of October 2016, it is clear that the streets with the highest land prices are located in district 1, located in the heart of the city center and near the People’s Committee of HCMC and Ben Thanh Market.

Thus, the price of land in District 1 does not make a few people have to live in the land of the dream when living in the center of the city. Ho Chi Minh. To know more about the price of District 1 of the top 10 routes, please update with just below:

  1. Nguyen Hue walking

With investment of over VND 400 billion, the Nguyen Hue pedestrian walkway with the length of 900m, the width of 60m2 is considered the most modern and beautiful pedestrian street in the country. Therefore, the land price of this route is also leading in HCM City, the average is VND 1.1 billion per sqm and the ceiling price exceeded the threshold of VND 1.2 billion per m2.

      2.Le Loi Street

Ranked second position on the land price is Le Loi street with VND825 million per sqm. In particular, the route starts from Dong Khoi Street and ends at the roundabout in front of Ben Thanh Market.

  1. Dong Khoi Street

Dong Khoi Street

Dong Khoi Street, District 1

This route is ranked third with the price of approximately VND706 million /sqm. This number also makes many people dizzy when the average income. Although leading the land price list in Ho Chi Minh City, according to the land price bracket promulgated in 2015, Nguyen Hue, Le Loi and Dong Khoi streets have a ceiling price of VND 162 million per square meter.

  1. Le Anh Xuan Street

The facade of this road has a price of VND.8 million /sqm.

  1. Le Duan Street

Le Duan street starts from the zoo and ends in front of the Independence Palace with a land sale price of VND650 million / sqm. Thus, the price of land in District 1 is very high, making many low-income people difficult to reach.

  1. Mac Thi Buoi Road

Selling for nearly VND 585 million/ sqm is the land price on the route of Mac Thi Buoi, District 1 today.

  1. Lam Son Square

Lam Son Square surrounding the city theater sold for VND 579.5 million/ sqm.

  1. East Du road

Dong Du Street, District 1

Dong Du Street, District 1

  1. Nam Ky Khoi Nghia road

  2. Road to Ho Hanh Nghiep

These are 3 routes at the bottom of the list are priced from VND 575-550 million/ VND.

Thus, the price of land in District 1 is quite high, it makes many low-income people shy away when they want to settle in the downtown district. Hope that the share of the housing price in District 1 that mentioned above will help you read more detailed information for yourself.

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