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The Prosperity In The Real Estate Market In District 9

According to the plan, by the year 2020, District 9 will be urbanized and very developed. As a result, District 9 real estate is increasingly receiving the attention of large and small investors.

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And the number of people moving to live here is also increasing, creating a lot of positive changes in the housing market in District 9.

Real estate situation in District 9

Real Estate District 9, the largest district in the East of Ho Chi Minh City, in recent years is hotter than ever. The cause is the policy of infrastructure development of the city to focus on the east with a series of key projects such as Thu Thiem bridge, Thu Thiem tunnel, Vo Van Kiet Avenue, Sai Gon 2 bridge … series. The main roads such as Long Thanh – Dau Giay Expressway, Ring Road 2, Phu My Bridge, Song Hanh Road, Hanoi Highway, Metro… Along the roads of district 9 such as Do Xuan Hop, Nguyen Duy Trinh… opened, expanded. As traffic and infrastructure developed, District 9 gradually became the city’s transportation gate, leading to the provinces of Central Vietnam and North Vietnam. District 9 is also a gateway to travel with famous tourist destinations such as Vung Tau, Nha Trang, Dalat, Phan Thiet … In addition to the development of infrastructure, real estate District 9 is also hot each day thanks to the support The active support of regulators on legal issues. Therefore, the purchasing power of real estate projects here also increased. However, according to information from HoREA, the real estate market in general in 2017 is still growing but will be able to stand still compared with 2016. In addition, the real estate market until 2020 will make big shift adjustments to the popular segment instead of focusing too much on the segment of a high-end real estate as the current. With the above forecast, the real estate market in District 9 will also have some influence on that trend.

Real estate market in District 9
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Real estate projects District 9

District 9 is the largest district in the East Saigon area, larger than 2 District 2 and Thu Duc district. District 9’s land fund is 900ha high tech park, 320ha expansion, 400ha ethnic culture park and nearly 100 other projects in District 9.

In District 9, the real estate market and projects are interested in. Some projects such as Mega Ruby, Exim Garden, The Garland, Villa Park, Park Riverside, Melosa Garden … are projects with living environment, Utility service pretty good. In addition, some land, residential and apartment projects in District 9 such as Phu Huu Tan Phu Land, Gia Hoa Residential Area, Khang An Residential Area, Khu Mega Khang Dien Town House, Park Riverside Villa.

Real estate market in District 9
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District 9 housing situation

Due to the land fund of District 9, the real estate developers in District 9 have been following the product line of land plots, land for projects, townhouses and so on. Strong and always high frequency in the market. Meanwhile, the segment of townhouses, fronts in district 9 also attract real buyers and speculators.

Real estate market in District 9
illustration

However, the product line of apartments in District 9 also has a lot of big projects because the city tends to gradually expand to the coastal areas due to the overload of population density. It is known that there are about 23 projects apartment projects, apartment in District 9, Ho Chi Minh City. Typical like Jamila Khang Dien, Sai Gon Gateway, Thu Thiem Garden, Vincyty District 9, Him Lam Phu An, I-home Hanoi Highway, …

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The Prosperity In The Real Estate Market In District 9
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