(Dan Tri) - Not only solving the problem of traffic congestion and inter-regional connectivity, the billion-dollar traffic projects about to reach the finish line in the East of Ho Chi Minh City will change the urban landscape, expand the central core and create strong development momentum for the real estate market.
Infrastructure breakthrough, creating momentum for real estate
With its strategic gateway position and new growth pole, the Eastern area of Ho Chi Minh City has received investment capital of up to VND245,000 billion, accounting for 70% of the total capital of VND350,000 billion for infrastructure development throughout the city. Of which, the most notable project is Ring Road 3, passing through 4 localities: Ho Chi Minh City, Dong Nai, Binh Duong, Long An, which is of great significance to the entire Southern key economic region.
According to the Management Board of Investment and Construction of Traffic Works of Ho Chi Minh City, two sections of Ring Road 3, more than 21km long, are expected to be technically open to traffic by the end of this year, of which nearly 15km of the overpass is located in Thu Duc City and about 6.5km goes through Long An Province. Some items near the intersection of Ho Chi Minh City - Long Thanh - Dau Giay Expressway will be basically completed to connect with the Nhon Trach Bridge project leading to Dong Nai . The remaining section of Ring Road 3, about 55km long, is scheduled to be technically open to traffic on April 30, 2026.
All of the above projects, once completed, will be ready to connect to Long Thanh International Airport, with a total investment of up to 16 billion USD. This is the largest airport in the country with a capacity to serve 100 million passengers and 25 million tons of cargo per year, expected to complete phase 1 by the end of 2025 and welcome the first commercial flight on September 2, 2026.
Previously, metro line 1 (Ben Thanh - Suoi Tien) was put into operation at the end of 2024. The continuous implementation of trillion-dollar infrastructure projects and the rush to reach the finish line in the next 12-24 months is expected to create an explosive development period for the real estate market in the East of Ho Chi Minh City.
2025 - Golden time for investors and real buyers
The increasingly complete traffic infrastructure picture has turned the East into a low-lying area to welcome investment flows, and at the same time a new destination to attract residents. It is expected that by 2030, Thu Duc City will welcome more than 20,000 people, a highly educated workforce, increasing the population to 1.5-1.8 million people, leading to increased housing demand. Avison Young's Q4/2024 report shows that the absorption rate of projects in the area has exceeded 80%.
With the strong breakthrough in infrastructure and the wave of migration, Vinhomes Grand Park is considered a project that benefits in the area with Ring Road 3 running through the center. In addition, surrounding the metropolis are routes connecting to metro line 1 such as Do Xuan Hop, Hanoi Highway, Ho Chi Minh City - Long Thanh - Dau Giay Expressway, Mai Chi Tho Avenue, helping residents quickly connect to the city center and Tan Son Nhat and Long Thanh international airports.
Not only that, Vinhomes Grand Park also creates the most livable space in Ho Chi Minh City when built on a large land fund of up to 271 hectares. This is an ideal condition for investors to develop a synchronous utility ecosystem to serve the high-class life of residents.
In addition to the "Vin family" brands such as Vincom, Vinschool, Vinmec, VinBus..., the metropolis also invests in its own super utilities, such as a 36-hectare park, Grand Park amusement park, Golden Eagle square, a 2-storey golf course with 36 slots, 7 pickleball courts, Fantasy Ice indoor ice and snow playground, marina... In addition, Vinhomes Grand Park also conquers customers thanks to its green space, where each resident enjoys 16m2 of green space and public utilities right in the heart of the bustling city.
In just 5 years, the metropolis has welcomed more than 60,000 residents. Currently, the remaining subdivisions that have just been opened for sale have also quickly achieved high liquidity. For example, most recently, 85 apartments at The Beverly worth 18 million USD were booked by foreign investors in just one afternoon.
Along with liquidity is the speed of handing over houses and pink books to residents. Previously, in just the last 5 months of 2024, Vinhomes handed over more than 11,000 pink books to residents. In 2025, this number is expected to reach 20,000 when The Beverly Solari and The Beverly projects are simultaneously welcoming residents.
According to experts, 2025 is the golden time to buy a house for investors and families with real housing needs, because this is the period when real estate prices are still anchored at a moderate level before establishing a new price level according to each milestone of completion of billion-dollar transport infrastructure projects. In addition to preferential policies from investors, during this period, buyers can take advantage of additional policy leverage when a series of banks have just announced loan packages with preferential interest rates of less than 5%/year for home buyers.
Source: https://dantri.com.vn/bat-dong-san/dong-luc-phat-trien-tu-ha-tang-ty-do-khu-dong-tphcm-20250315102037511.htm
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