Thu Duc Real Estate and a spectacular comeback before the project of establishing a new city

The “rise” of the East

Possessing a central position in the “golden triangle” area of Ho Chi Minh City – Dong Nai – Ba Ria Vung Tau, before the project of establishing Thu Duc City, the East area of Ho Chi Minh City with 3 districts: Thu Duc, District 2, District 9 has been a prominent real estate investment attraction compared to other regions.

The position of the East area is increasingly enhanced when, for many years, this is the key area that Ho Chi Minh City has invested the most in transport infrastructure. Specifically, in the period 2010-2020, Ho Chi Minh City implemented 216 transport infrastructure projects, with a total capital of 350,000 billion VND, 70% of which are connected to the East area.

Mr. Tran Khanh Quang, General Director of Viet An Hoa Real Estate Company, said that the price increase of real estate in the East area always reached a high level, about 50-70% after 10 years. This is due to the location, transport infrastructure investment is key, large land bank and planning all copies.

Since the establishment of Thu Duc City, real estate in the East area has made a strong breakthrough when always leading the price increase compared to other areas. In particular, compared to the other two districts of the East, Thu Duc district is the area leading the price increase.

Thu Duc – flashed bright potential​

The population statistics of Ho Chi Minh City in 2019 said that Thu Duc district has about 592,686 residents, a population density of about 11,008 people/km2, among the top of HCMC. Unlike other districts of the East, Thu Duc has an early growth rate. This place has achieved a stable level of population, good infrastructure, with an asynchronously developed transport network, which is convenient for both road, waterway, and metro that is about to take shape. In addition, with a dense population and many universities, large-scale export processing zones…Thu Duc is also considered a promised land to attract people from other regions to come to do business and set up a business, leading to an increase in housing demand.

Bất động sản Thủ Đức và cú trở mình ngoạn mục trước đề án lập thành phố mới - Ảnh 1.

The perspective of King Crown Infinity project

Recently, Thu Duc real estate has become more and more valuable when inheriting the value from a series of key traffic projects in the East. The appearance of Metro line 1, Pham Van Dong Boulevard, Ring Road 3, Ring Road 2, expanding To Ngoc Van street to 30m…Recently, Thu Duc real estate has become more and more valuable when inheriting the value from a series of key traffic projects in the East. The appearance of Metro line 1, Pham Van Dong Boulevard, Ring Road 3, Ring Road 2, expanding To Ngoc Van street to 30m…

In particular, information that Ho Chi Minh City chooses Truong Tho ward, Thu Duc district as the central urban area of Thu Duc City in the future becomes, even more, a catalyst that makes real estate around Truong Tho and Binh Tho wards…welcomed by many investors.

Recently, in the central area of Thu Duc district, a million-dollar project has also appeared, targeting the upper-class customer group. Owning a prime location right on the arterial road in the heart of the creative city, King Crown Infinity – a high-class apartment and commercial complex with 30-story twin towers invested by BCG Land Joint Stock Company – a member of Bamboo Capital Group. Expected to become a symbolic work of the East of the city, King Crown Infinity also promises to contribute to changing and promoting the appearance of Thu Duc area, making this area the new focus of the high-end real estate market.

Ánh Dương

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