The Property Supply Boom Along The Ho Chi Minh City-Long Thanh – Dau Giay Expressway

Located in a vibrant area with a lot of infrastructures, the East has inherited many advantages of the “dynamic quadripartite” in the South (HCMC, Binh Duong, Dong Nai, Ba Ria – Vung Tau). This is one of the strategic locations in the development planning of Ho Chi Minh City.

With the infrastructure of the area is increasingly complete synchronization has increased the attractiveness of the East City for investors. The infrastructure of this area has helped the urban face of the area change quickly, modern, spacious and clean, creating a force to increase the value of this property.

Especially, the Ho Chi Minh City-Long Thanh – Dau Giay Expressway has been open all year round since 2014. This connection makes it possible to move from Ho Chi Minh City to Long Thanh only about 15 minutes. In the future, it will connect easily with Ben Thanh – Suoi Tien metro line, the first metro line in Ho Chi Minh City, into the center of District 1. This is a special strength promises to awaken the socio-economic development in a large area east of the city.

Most recently, in order to strongly develop the Eastern area in order to synchronously connect with the Ring Road 2, Ho Chi Minh City has approved the policy of upgrading and expanding a series of roads and works to 40- 60m including Do Xuan Hop, Nguyen Duy Trinh, Le Van Viet, Nguyen Xien and most recently to To Ngoc Van ….

Comprehensive complete infrastructure is the driving force for the property market in the East.

With the advantage of strong government investment in road and rail transport network, about 2 years ago, the infrastructure of Saigon East has been continuously upgraded, bringing many projects. The majority of the projects are concentrated in the land plot.

Through the survey, in 2018, the market will receive nearly 12,600 land products and houses. Many investors have large land area located near the highway near the highway is said that the ground leveling and infrastructure investment to prepare for selling the project, the price is expected to increase about 30-40 % compared to today.

Lakeview City of Novaland is located next to the main highway.

According to experts, the land fund surrounding Ho Chi Minh City-Long Thanh – Dau Giay highway is large, the owners have many years ago, infrastructure is closed investment should bring the project to the market.

According to Savils Vietnam, in quarter 4/2017, the market will have nearly 7,000 new products sold in the market. By 2018 – 2019, this area accounted for 50% of the total land supply of the whole city.

Palm City is under construction.

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