Large land fund and improved connectivity after the Pham Van Dong road through the car is turning the Northeast of Ho Chi Minh City into an attractive investment destination in the real estate market.
For a few years now, despite the hot spots mentioned in Ho Chi Minh City still the East - South axis, there is a wave of investment from small to large scale northeast of the city. Recognizing the fact that many real estate developers are quietly developing apartments along the most modern street Pham Van Dong Ho Chi Minh City. This is the basis for long-term business strategy. Of course, behind the initial wave of investment of many real estate businesses is the support from perfect infrastructure.

Two years ago, the Pham Van Dong road was opened, which awakened the potential of the region that local investors have long forgotten. The North East of Ho Chi Minh City from a difficult area to connect is now reaching out to become a "big magnet" that attracts most real estate investors.

Le Hoang Chau, chairman of HoREA, said that the development of this project along the arterial line was an essential and inevitable option. Most importantly, the infrastructure is one step ahead. In addition, the enhancement of services for people to make this area worth living in the future.

The social infrastructure such as hypermarkets, hospitals, schools, administrative centers plus transport infrastructure is creating a driving force to increase the value of BDS throughout the Northeast. According to our observations from the end of 2015 to now, many real estate businesses are constantly launching a series of projects in the mid-range segment to take advantage.

For example, the 4S Linh Dong project has quickly picked up "the drop of infrastructure" so this is a rare completion project basically and handed over to customers each building for the past two years. This is a condition that satisfies both home buyers and buyers to invest.

Because not only have special advantages when lying next to Pham Van Dong, 4S Linh Dong owns the advantage to attract customers when the project is about to deliver the house of Block D - Gia Vuong. Thanh Truong Loc pledged to hand over the completed house from Q4 / 2017.

According to expert notes, recently, the tendency to buy a house that has been sunk or is about to be handed over is one of the top priorities for buyers of apartments. Double words in the time of a series of flats. Therefore, most investors nowadays focus on speeding up the construction progress, rushed to finish the project to attract customers.

Taking a look at the projects in Thu Duc district - the convergence of many mid-range projects, Linh Linh 4S is considered as a project with the "force" in terms of progress. At the same time, the outstanding advantage of this project comes from the level of interest of the owner. Thanh Truong Loc is a rare unit of investment focused on each project so customers are based on belief in quality and progress.

According to Ms. Minh, buying apartments at Block D shares: "The important factor for me to decide to buy an apartment here is to verify the construction progress of the project as well as commitments of the investor. In terms of quality, price, utility. Especially, when learning about the owner, we can see the trust because they are not spreading investment units but focus on a project that gives me a sense of security of my property. "
 

Thanks to the complete traffic system, Ho Chi Minh city is implementing the second Ring Road, can see the utility of forming more and more abundant creating great value for the Northeast of Ho Chi Minh City. The dramatic change of infrastructure creates a great attraction for project investors and individual investors. This turns the region into the emerging light of the real estate market.

Meanwhile, Le Hoang Chau said that the general trend in Ho Chi Minh City is the decline of the high-end segment and the increase in affordable products. Expected in 10 years, the market will be the playground of this segment with millions of affordable apartments.

"About the Northeast, investors are well aware of this and focus on developing affordable, 1.2-bedroom products especially for young people. We strongly recommend that the Department of Architectural Planning should support and facilitate investors to develop projects in this segment, "Chau added.