CEO CapitaLand Vietnam: Ho Chi Minh City megacity is a turning point for the high-quality real estate market

The three localities of Ho Chi Minh City, Binh Duong and Ba Ria - Vung Tau all have their own strengths and together, they create a diverse and potential real estate market with synchronous connectivity and modern urban planning.

Key projects will shorten travel time, enhance connectivity and attract investment to the megacity of Ho Chi Minh City - Photo: CHAU TUAN

Speaking to Tuoi Tre Online , Mr. Tan Wee Hsien - General Director of CapitaLand Development Vietnam and International - affirmed that investment in transport infrastructure is the key to ensuring the success of the new Ho Chi Minh City super urban real estate market. In which, key projects will shorten travel time, enhance connectivity and attract investment.

Creating momentum for sustainable real estate market development

Mr. Tan Wee Hsien said that the merger of Ho Chi Minh City with Binh Duong and Ba Ria - Vung Tau marked an important turning point in the urban development process of the region. This merger not only changed the administrative boundaries but also opened up many new development opportunities, towards a dynamic, creative and sustainable urban area.

Mr. Tan Wee Hsien believes that entering a new phase, we are creating the foundation for a strong, international real estate market, focusing on synchronous connectivity and modern urban planning.

Mr. Tan Wee Hsien said the formation of a new metropolis with a population of about 14 million has turned this area into the country's leading dynamic economic and urban center.

The resonance between the three localities, each with its own advantages and developed infrastructure, creates favorable conditions to maximize resources and promote available potential.

"From Thu Duc to Bien Hoa, Long Thanh and Ho Tram, new growth areas are gradually taking shape, offering a variety of housing options and complex projects. The formation of this "super city" marks an important turning point, opening a new development phase for the high-quality real estate market," said Mr. Tan Wee Hsien.

According to him, this change will not only strongly promote the residential and commercial segments but also enhance competitiveness across the region. In particular, continuous investment in transport infrastructure will be a key factor in ensuring success for the entire region.

Key projects such as inter-provincial metro lines, expressways and ring roads will shorten travel time, enhance connectivity and attract investment capital into real estate projects.

Merging cities, businesses expand investment opportunities

Mr. Tan Wee Hsien - General Director of CapitaLand Development Vietnam and International

The General Director of CapitaLand Development Vietnam and International believes that Binh Duong (before the merger) is gradually affirming its position as the leading industrial capital of the region. With well-invested infrastructure and increasingly strong urbanization speed, this locality is playing an important role in the process of expanding and modernizing the development space of the new megacity of Ho Chi Minh City.

Mr. Tan Wee Hsien assessed that this area gathers many well-planned projects with reasonable prices, opening up attractive opportunities for both home buyers and investors. Meanwhile, the enterprise is also committed to bringing modern living environments in harmony with the master plan, through the development of new residential areas, improving the quality of life and strengthening community ties.

Mr. Tan Wee Hsien said that in the coming time, this enterprise will not only focus on developing housing projects, but also proactively seek opportunities to expand into the commercial and industrial real estate sector in the megacity of Ho Chi Minh City.

“This portfolio diversification strategy will help meet market demand, boost economic activities and contribute to making the area an ideal destination for both residence and investment,” said Mr. Tan Wee Hsien.

Together "Contribute to the development of industry and trade in Ho Chi Minh City"

Tuoi Tre Newspaper in coordination with the Department of Industry and Trade of Ho Chi Minh City opened a forum "Providing advice for developing industry and trade in Ho Chi Minh City".

The forum aims to listen to ideas and solutions from businesses, researchers and people to build and develop industry and trade for the new Ho Chi Minh City, forming a strong urban area in industry - trade - services, with international competitiveness.

Mr. Bui Ta Hoang Vu - Director of the Department of Industry and Trade of Ho Chi Minh City - said that he will respect and listen to every opinion and suggestion from people and businesses to advise the People's Committee of Ho Chi Minh City on breakthrough solutions to develop industry - trade - services.

Readers participating in the forum can send their comments to the editorial office of Tuoi Tre newspaper, 60A Hoang Van Thu, Duc Nhuan ward, Ho Chi Minh City, or send them via email: kinhte@tuoitre.com.vn

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Source: https://tuoitre.vn/ceo-capitaland-viet-nam-sieu-do-thi-tp-hcm-la-buoc-ngoat-cho-thi-truong-bat-dong-san-chat-luong-cao-20250811152346988.htm