[Photo Essay] Moving to the city, the price of land in the most populous district in Vietnam reaches 300 million VND/m2
Binh Chanh district has a population of 800,000 people (as of 2020), with an area of 252.56 km2. According to the city People’s Committee’s plan to build an investment project for districts and cities (or cities under Ho Chi Minh City) in the 2021-2030 period, Binh Chanh is the locality that meets the most criteria, reaching 26/30 criteria.
In the route to the city, Binh Chanh district step by step promotes investment in technical and social infrastructure. This has completely changed the face of Binh Chanh district, many high-class apartment projects and residential areas have since been started and completed.
Typically, the West Gate Park project of An Gia Group is built in the heart of Binh Chanh administrative center (Tan Tuc) with a cluster of agencies such as People’s Committee, tax agency, police headquarters, etc. general Hospital…
Located at 349 Tan Tuc Street, Tan Tuc Town, opposite Binh Chanh District People’s Committee – Binh Chanh Hospital, West Gate Park project is for sale with prices ranging from 37 – 45 million/m2. This is also a project adjacent to Ring Road 3 and the intersection of Ben Luc – Long Thanh Expressway.
Although considered as one of the most favorable roads in Binh Chanh district, many sections on Tan Tuc street are still unexploited lagoons, lakes, and unexploited fields. Currently, the price of land on this road has a lot price of only 17-19 million/m2.
The most sought-after investors on the real estate map of Binh Chanh must mention Nguyen Van Linh street, this is the lifeline connecting with key projects such as: Tan Thuan Export Processing Zone, Urban Area. Phu My Hung, Hiep Phuoc Port, Phu My Bridge, Thu Thiem New Urban Area…Many residential and apartment projects have been built along this route.
For example, the HQC Plaza Condominium of Hoang Quan Group is only a few kilometers from the administrative center of Binh Chanh district, currently priced from 18.2 to 23 million/m².
Or Conic residential area is located at Lot 13b Nguyen Van Linh with many different large and small project subdivisions, typically Conic Skyway Residence with prices ranging from 23.6 to 29.9 million/m².
According to the broker, the housing supply in Binh Chanh area in general and Nguyen Van Linh street in particular is very small, especially the projects that are legal enough to count on fingers. But as noted by the reporter, most of the land plots in front of Nguyen Van Linh street are still just grasslands, so this area still has a lot of potential for construction… The land price here is for sale for 16 – 30 million/m2 depending on location, some places up to 71 million/m2.
The most prominent is Trung Son residential area located near Nguyen Van Linh toll station and Ong Lon bridge. Recently, the price of land plots in this area tends to increase, ranging from 115-240 million/m², with lots up to 294 million/m2.
Binh Chanh real estate market is being greatly affected by planning and infrastructure information. In addition to the fact that Trung Son residential area is adjacent to District 7 and possesses modern hospital and school infrastructure, the prices of land and apartments here are constantly increasing. In the photo, Saigon Mia luxury apartment with prices ranging from 46.5 – 57.8 million/m².
according to market rhythm /
at Thuvienpc.com – Source: Soha.vn – Read the original article here