Home Business Ecological urban real estate east of Saigon has a lot of potential

Ecological urban real estate east of Saigon has a lot of potential

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Thanks to a large land fund, developed infrastructure, and soft land prices, well-planned smart ecological urban areas in the East of Ho Chi Minh City continue to attract investors.

The charm of eco real estate

Assessing the trend of cash flow to satellite areas of Ho Chi Minh City over the past time, many experts say that the problem of stimulating demand in real estate is very important. In Vietnam as well as many countries around the world, the Government is having many strong stimulus packages with low interest rates to support the real estate market in the context of market fluctuations. Currently, the cash flow of foreign investors to Vietnam is large. Many businesses choose Vietnam as a place to move cash flow and restructure investment. This trend is expected to become stronger when Covid-19 is controlled.

“According to the rule of oil spills, with the increasingly limited land fund in the center of Ho Chi Minh City, investors tend to look for projects with quality products and rich potential in ecological urban areas. well planned”, said Mr. Tran Minh Hoang – Deputy General Secretary of the Vietnam Real Estate Brokers Association.

Aqua City – an outstanding smart eco-urban project in the East of Saigon. Photo: Novaland

According to Mr. Hoang, despite the impact of the epidemic, real estate is still considered an attractive investment channel in terms of safety and stability. In particular, the line of real estate belonging to the well-planned ecological satellite urban areas around Ho Chi Minh City has many advantages.

Currently, the income of Vietnamese people is increasing, so people are starting to pay attention to quality living space, close to nature and full services and utilities “right at their door”. According to market reports, this trend will continue to increase strongly in the near future as the middle and affluent classes in Vietnam increase rapidly.

“The demand is high, while with the rapid urbanization speed, it is not easy to find products in a fully planned eco-urban with utilities. Therefore, products that meet this demand will bring good profit both in terms of investment and adding value in the future, even if the market fluctuates,” Hoang emphasized.

Customers find out about investment opportunities in the smart eco-urban area Aqua City (photo taken before the time of social distancing).  Photo: Novaland

Customers find out about investment opportunities in the smart eco-urban area Aqua City (photo taken before the time of social distancing). Photo: Novaland

East of Saigon – a potential market

Currently, around Ho Chi Minh City, many localities have natural ecosystems, beautiful landscapes, suitable for ecological real estate development. In particular, the East Saigon area with the focus of Dong Nai is becoming a potential market thanks to its many advantages.

First of all, the location advantage is adjacent to Ho Chi Minh City, the connection point between Ho Chi Minh City and dynamic economic regions in the Southeast region. The infrastructure here is also being strongly invested such as Long Thanh airport, a series of highways, inter-regional connection belts… In addition, Dong Nai province is also deploying many important roads such as Huong Lo 2, Vam Cai Sot bridge… to shorten the travel time to Ho Chi Minh City or Long Thanh airport to only about 20 minutes. When completed, infrastructure projects will create a big boost for economic development, attracting people to live and work.

Perspective of Long Thanh airport.  Image source

Perspective of Long Thanh airport. Photo: ACV

Dong Nai also has the advantage of economic development, with the largest concentration of industrial zones in the country, attracting foreign capital and high-quality labor. At the same time, the establishment of Thu Duc city is also a major driving force that changes the face of this area and continues to increase housing demand in the East. This will help cities with large scale and synchronous planning increase their advantages.

This place also has a large land fund, dense rivers, suitable for the development of ecological urban areas. A number of potential businesses quickly picked up the trend and built large-scale urban areas, typically Novaland with the Aqua City project.

“Aqua City is a fairly well-known project in the market due to the convergence of many potential value-additions. The project location is quite convenient to move to Ho Chi Minh City when it is located in front of the Huong Highway 2 arterial road, connecting directly to the main road. The project is also close to Long Thanh airport and industrial park area, so it can meet the needs of a number of potential customers,” said Mr. Minh Hoang.

Besides the ecological factors that are guaranteed when Aqua City is surrounded by Natural large river, bringing a fresh living environment, the project is also well planned from the green area to “All in one” utilities such as health, education, shopping, entertainment, helping residents not to worry. need to move far away.

Aqua City smart ecological urban area 1,000ha, complete utilities of Novaland Group in the East of Ho Chi Minh City.

Aqua City is well planned from the green area to “All in one” utilities such as health, education, shopping and entertainment. Photo: Novaland

Commenting on the development potential of this segment, experts say that now and in the near future will be the “time of heaven, location, and harmony” to attract residents to urban real estate. where the movement is easier and easier because of the developed infrastructure. “In the context of increasing demand for health care, eco-real estate products have many potential values. Aqua City is no exception to this development trend,” said Mr. Hoang.

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