Massive and unreasonable planning has left many urban and residential projects in Binh Duong deserted, while local residents have difficulty accessing housing because prices have increased.
From a purely agricultural province in the past, Binh Duong has now become the “industrial capital” of the country. Currently, Binh Duong has 29 industrial parks, with a total area of 12,600 hectares; the occupancy rate is 91%.
In addition, the province's infrastructure is also developed synchronously and modernly, creating a foundation for attracting foreign direct investment (FDI) and urban development. The whole province has nearly 2 million workers and experts from many provinces and cities in the country and abroad. Accordingly, this is always the investment destination of real estate enterprises.
However, after the land fever and the massive sales, up to now, many projects and urban areas in Binh Duong have been completed but have fallen into a state of desertedness and sparse population.
 |
Golden Center City Urban Area Project is located right on the front of National Highway 13, Ben Cat Town, Binh Duong Province. |
 |
The project has a scale of nearly 14 hectares, invested by Thuan Loi Investment and Development Joint Stock Company (under Kim Oanh Group). |
 |
The project aims to build a new, modern urban residential area to serve the needs of people in My Phuoc ward and neighboring areas. |
 |
But now, the houses in the project, although completed, are deserted. Some owners even put up signs saying “For Rent”. |
 |
Because there were no people living there, the surrounding kiosks were also deserted. |
 |
Most notably, Ben Cat 2 market is located inside the project. Although it has been completed, it is abandoned and overgrown with grass. |
 |
Due to lack of demand, the plots of land here are mainly bought by investors to wait for prices to increase and then resell. |
 |
The project has been implemented for a long time, the land plots and townhouses have owners, but amenities such as parks are still "on paper". |
 |
Not far away is the Mega City Commercial Urban Area project. According to the plan, this is a high-class urban area with complete facilities and design. |
 |
The reality at the project is completely opposite, besides the paved roads there are only a few scattered houses. The sidewalks and other plots of land are just left to grow grass. |
 |
The park area is also surrounded by weeds. |
 |
The social housing block located in the project area also has only a few scattered households moving in. |
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