Binh Duong welcomes huge infrastructure, increasing real estate investment potential

Báo Đầu tưBáo Đầu tư01/10/2024


Binh Duong welcomes huge infrastructure, increasing real estate investment potential

Construction of the metro station connecting Ho Chi Minh City and Binh Duong New City has begun, becoming a “promised land” for the next real estate wave.

On the morning of September 26, Binh Duong announced the Provincial Planning for the period 2021-2030, with a vision to 2050, with the participation of Prime Minister Pham Minh Chinh and leaders of central ministries and branches.

On this occasion, the province inaugurated many important projects (Bach Dang 2 bridge connecting Binh Duong - Dong Nai, Bac Tan Uyen - Phu Giao - Bau Bang road...), as well as broke ground on a series of large-scale infrastructure projects.

The focus of attention is the groundbreaking ceremony of the 7-hectare A1 Roundabout adjacent to the Provincial Administrative Center in Binh Duong New City with a total investment of VND2,400 billion. The project includes many items that promise to change the economic face of Binh Duong, most notably the 5,800 m2 station of Metro Line 1 connecting Ho Chi Minh City to open up regional connectivity with unprecedented convenient travel speed.

Perspective of A1 Roundabout in Binh Duong New City (Photo: WTC Binh Duong).

Metro 1 is the first of eight planned metro projects in Ho Chi Minh City with 14 stations, currently 98.38% completed and will be put into commercial operation by the end of this year. In the future, after the connection, travel time from Ho Chi Minh City to Binh Duong New City will be shortened to only 10-20 minutes.

Other items of the A1 Roundabout include a commercial service center, sports complex, square, etc., which are also being implemented to develop an urban area with public transport connectivity (TOD Model).

With large-scale infrastructure investment, Binh Duong New City is becoming the coordinate to welcome a new wave of real estate in the next cycle. In places where the metro line passes through, real estate will increase in value. Typically in Hanoi, apartment prices near Metro Line 2A (Cat Linh - Ha Dong) have increased by up to 21%.

The A1 roundabout has started construction, stirring up real estate potential in the area. (Photo: Sycamore)

Catch the real estate wave in Binh Duong new city

Expected to be handed over in 2026, at the same time as the A1 Roundabout is expected to come into operation, the Orchard Hill apartment fund of the Sycamore project has received strong interest from real estate investors.

Orchard Hill has a prime location just 2 km from A1 Roundabout and is easily connected by the existing electric bus system. In particular, the subdivision is adjacent to the regulating lake system and the central park - the 75ha "green lung" accounting for 7.5% of the area of ​​the entire Binh Duong New City.

In addition to the modern utility system right at the commercial area on the first floor of the project, Orchard Hill also attracts real estate investors with its easy connection to the external educational and entertainment facilities, increasing rental potential and increasing profit.

Orchard Hill is planned as a closed compound model in Binh Duong, with 774 separate, private luxury apartments and a 4-layer security system.

The highlight of the Orchard Hill subdivision is the collection of 121 unique amenities for the limited apartment fund, distributed throughout the 2 towers. Here, the investor CapitaLand Development develops a system of entertainment amenities such as a wine and cigar lounge, a sky party hall, a 50m infinity pool with a sunbathing hut, raising the living standards for residents to a new level.

A 5-star standard gym, separate yoga room, dry and wet sauna will also appear at Orchard Hill. Along with that is the ideal workcation life in a co-working space, a separate library and reading room.

With the prestige of the investor, outstanding international product design experience, prime location, and leverage from the planning of infrastructure development in the near future, Orchard Hill promises to bring a new journey of discovery of a classy living standard exclusively for future residents and investors here.

Sycamore Project

Address: Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province

Hotline: 1800 599 986

Website: sycamore.com.vn

Facebook: This is Sycamore



Source: https://baodautu.vn/batdongsan/binh-duong-don-ha-tang-khung-gia-tang-tiem-nang-dau-tu-bat-dong-san-d226202.html

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