In addition to the factors of price, position, design … the most important thrust to investors surfing must include the positive support information from the connection infrastructure.
Recently, the People’s Committee of HCMC has decided to invest in upgrading and expanding To Ngoc Van street to 30m. Accordingly, this route will be implemented in the near future and completed in 2020.
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Although To Ngoc Van road is only 3km long, it plays an important role connected to Tan Son Nhat airport through Tan Binh, Go Vap, Binh Thanh and Thu Duc districts.
As soon as this information was released, investors identified all the projects on the road and neighboring areas to benefit. Beside the old projects such as Him Lam Phu Dong or projects of Dat Xanh Group, Thu Duc House, Hung Thinh Land… Most recently, DKRA Vietnam has officially announced the project Thang Long Home Hung Phu Thang Thang Real Group as investors. Only after 2 weeks of introduction, the project has over 80% of the products have been successfully purchased.
In the context of the real estate market in Thu Duc district is now almost absent from the project of real estate, it is easy to understand the project of this townhouse.
The project is located on the front of To Ngoc Van Street, but the price is very competitive. The survey shows that the current land price To Ngoc Van is fluctuating from VND70-90 million / sqm, the price of land in the alley of this route is VND35-55 million/sqm.
But perhaps the most important push for investors to relax surf is to mention a series of information infrastructure active. In particular, investment information to upgrade – expanding To Ngoc Van to 30m has been approved by the People’s Committee of Ho Chi Minh City plays a very important role.
Not long ago, the Lavita Charm apartment project launched by Hung Thinh Land is also an example of the investor’s quickness as they sprung up after more and more information about the transport infrastructure in the Thu Duc District.
Infrastructure has been the main driving force to push property values up. Normally, as soon as the projects are kicked off, investors take advantage of the fact that this is the start of a wave.
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