If you are really wondering whether to invest in real estate field in District 2 or not, let’s find out some of the reasons you believe in investing in the real estate market in District 2.
District 2 with the breakthrough infrastructure, completed and modern planning
With the breakthrough infrastructure, completed and modern planning, District 2 in Ho Chi Minh City is the attractive destination for domestic and foreign investors and for those who want to invest and find an ideal settlement in a modern, fresh and civilized city.
District 2 has the prime location – the inner city district of Ho Chi Minh City
District 2 is an inner-city district of Ho Chi Minh City. This is the new urbanized district and there is the Thu Thiem urban area inside. In the near future, Thu Thiem urban area will be the new financial center of Ho Chi Minh City.
District 2 is one of five districts located in the North East of Ho Chi Minh City
The north borders Thu Duc District.
The South borders Saigon River, separated from District 7, Nha Be River, separated from Nhon Trach District, Dong Nai Province.
The West is in order from north to south, in turn, separated Binh Thanh District, District 1 and District 4 by the Saigon River.
The east borders District 9.
District 2 with modern infrastructure and flexible link in the area
Traffic has affected the real estate market in District 2:
The value of real estate is often associated with the formation and development of transport infrastructure. According to the plan of Ho Chi Minh City, District 2 is located in the eastern urban area. This is considered as the gateway to the city, the main development of the city with the axis of Hanoi Highway and Ho Chi Minh City-Long Thanh – Dau Giay Expressway connecting to Thu Thiem Tunnel from east to west. At present, Metro line is gradually being developed along with the ring road. This is one of the major factors affecting the real estate market in District 2.
Within 10 years, District 2 has more than 10 infrastructure projects that have been under construction for a total cost of up to over $11 billion , accounting for 70% of the money flowing into the whole city traffic, which has changed the appearance of the eastern axis to make it becomes the area to attract many investors and those who want to find a stable residence.
Price of the real estate market in District 2 has increased after transportation infrastructure is planned and developed
The price of real estate market often associated with the formation and development of transport infrastructure, looking back to the day before, the housing projects in An Phu and Thao Dien were very cheap, then the Hanoi Highway was expanded and the price has increased drastically or just for the area of Huy Hoang in District 2 previously only cost more than $450/sqm, after 5 years, the price has reached $2,500 after Thu Thiem Tunnel and the provincial road 25 has been completed construction, People’s Committee of District 2 has moved here.
In addition, you can refer to the list of apartments sold in District 2, here: Selling apartment in District 2 Ho Chi Minh
The landscape and living environment in District 2 has always attracted investors and customers
In addition to the geographic location and convenient transportation, another important factor that has always attracted investment in real estate is the habitat landscape. At present, the city center area is increasingly crowded, so the green areas are quite rare and the environmental pollution, noise pollution, and the air pollution are always increasing more and more, which causes the life of people always to be stress and fatigue, so people tend to find fresh places in harmony with nature and quiet to live.
That is why the tendency to buy real estate nowadays has diverted to areas near Saigon, typically Thao Dien, District 2.
District 2 has owned the most beautiful stretch of Saigon River with a cool living environment
District 2 enjoys the favor of owning the most beautiful stretch of the Saigon River. Therefore, many projects have been exploited by large investors to create the space close to nature.
After the chaos, the pressure coming from work and life, people are gradually more interested in the enjoyment facilities comfortably. Residential projects with open spaces, green landscapes, swimming pools, fountains, playground for children … will have many outstanding advantages.
District 2 is prominent and potential with the Thu Thiem new urban area
Thu Thiem New Urban Area is one of the key attractions of District 2. The project is expected to become the economic, financial and social center of Ho Chi Minh City in the next 5 to 10 years. This new urban area plays an important role in the development of the city and the Southern Key Economic Zone (SKEZ).
The development of Thu Thiem will strengthen the position of District 2 as the priority development area of Ho Chi Minh City and strongly promote the development of the housing market in this district, especially the apartment segment for sale.
As the land area in District 2 is becoming more expensive with the outstanding features and benefits that District 2 brings, investing in the real estate market here is the smart option.
You are reading the article “Why Should You Invest Real Estate Field In District 2 – Ho CHi Minh City?” in the section “Real Estate Investment” on the website: https://realestatevietnam.com.vn/
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