Leverage to increase value for the eastern metropolis of Ho Chi Minh City

Amusement parks have become a lever to help the smokeless industry in many countries grow rapidly. The key to this success has appeared at Vinhomes Grand Park (Thu Duc City) when VinWonders - the amusement park in the largest urban area in Ho Chi Minh City is about to launch.

VinWonders - Leverage to increase value for the eastern metropolis of Ho Chi Minh City

Amusement parks have become a lever to help the smokeless industry in many countries grow rapidly. The key to this success has appeared at Vinhomes Grand Park (Thu Duc City) when VinWonders - the amusement park in the largest urban area in Ho Chi Minh City is about to launch.

The "money printing machine" of the world tourism industry

Amusement parks are considered a “money printing machine” for the economy in many countries. In the US, from the first Disneyland park born in California in 1955, attracting more than 20 million visitors each year, Disneyland has now built an empire with 12 amusement parks in 6 countries and territories. According to CNBC, Disney's amusement park segment is estimated to reach revenue of 34.15 billion USD and record profit of 9.27 billion USD in fiscal year 2024.

In Asia, South Korea's Everland amusement park welcomes 6-7.5 million visitors each year. Or in Singapore, Universal Studios contributes no less than $1.8 billion to Resort World Sentosa's revenue each year.

According to Grand View Research, the global theme park market will reach $70.83 billion by 2025. In addition to bringing vitality to the local economy, theme parks also have a major impact on the growth of the real estate market. A study from Lucrative Landmark Report (USA) shows that theme parks are like levers, helping the value of real estate within a radius of 10 - 20 miles always increase faster and more than other areas. For example, apartment prices near Walt Disney World (USA) have increased by 364% in value.

VinWonders at Vinhomes Grand Park metropolis helps adjacent real estate projects increase value

Shining on the tourism map, VinWonders amusement parks in Vietnam also make important contributions to tourism and the economy of localities. Over the past decade, the Vietnamese-branded amusement park model has created a strong attraction for large resort complexes belonging to Vingroup in famous tourist capitals of Vietnam, such as Phu Quoc, Nha Trang, Hoi An... with millions of visitors each year.

Tourists coming for entertainment will lead to the need for accommodation, relaxation, shopping, enjoying cuisine, experiencing services, thereby bringing huge revenue to the system of hotels, resorts, restaurants... Therefore, the completion of construction and preparation for launch of VinWonders is considered an important milestone creating a big push for the most livable metropolis in Saigon, Vinhomes Grand Park.

VinWonders - The new factor "lighting up" Vinhomes Grand Park

With VinWonders Grand Park, for the first time in Ho Chi Minh City, the amusement park model, which is only available in large resort complexes, is integrated into the living space by the investor. The new piece helps complete the utility ecosystem of the eastern metropolis, both serving the lives of residents and creating attraction for the city's tourism industry.

In particular, VinWonders Grand Park is no less large than amusement parks in many countries in the region, such as Singapore or South Korea, as it can serve tens of thousands of visitors a day.

Visitors to VinWonders will be able to explore a unique, novel, and diverse game system, a commercial and service street, and a green ecosystem right in the heart of the bustling Eastern center of Ho Chi Minh City. At the same time, at the end of the year, visitors will also be treated to a series of "extremely fun" events at Amazing Grand Park, including: the international super music festival "8WONDER Winter 2024" on the evening of December 8; the blockbuster "Fantasy on Ice" from the ICE MAGIC brand, bringing Asia's largest winter playground; the "Countdown to welcome the new year" festival...

Attracting a large number of customers, VinWonders will be a new driving force contributing to increasing the value of real estate at Vinhomes Grand Park and especially adjacent projects. Among them, the most benefited are the Broadway commercial townhouse chain and the luxury apartment towers in The Beverly subdivision right opposite.

The large and constantly increasing number of customers thanks to the attraction of VinWonders has given investors more motivation to own Broadway townhouses with the goal of directly operating or leasing them to open restaurants, cafes, milk tea shops, fashion stores, cosmetics, spas, beauty salons, showrooms, health care services...

Meanwhile, many investors will choose luxury apartments in The Beverly subdivision to operate short-term or long-term apartment rental services, targeting high-end customers who come to have fun, entertain, and relax in the metropolis.

The location next to VinWonders makes it easy for investors at The Beverly to do short-term or long-term rental business.

According to experts' analysis, the real estate value in Vinhomes Grand Park in general and Broadway and The Beverly in particular will increase in direct proportion to the number of visitors to VinWonders amusement park. In the future, when important transport projects connecting the entire region, such as the Ben Thanh - Suoi Tien metro line come into operation, or the Ring Road 3 through the project and Long Thanh International Airport are completed, the number of visitors to VinWonders will certainly be even greater. This is a golden guarantee for the potential for sustainable value increase of the projects.

Source: https://baodautu.vn/batdongsan/vinwonders---don-bay-gia-tang-gia-tri-cho-dai-do-thi-phia-dong-tphcm-d231486.html