Many opinions say that instead of focusing on market trends, real estate investors need to pay more attention to factors that can promote development, especially in areas with many types of trade and services.
Besides, with the leadership of industrial real estate in recent times and the ability to attract FDI of the Vietnamese market, the area near industrial parks will continue to be a "hot" land.
In some industrial park projects, many types of development will be developed together such as land, commercial townhouses, and housing for experts, which will be lucrative investments with potential for price increase in the future when benefiting from traffic infrastructure and accompanying services.
After the above types, we can mention the market in the satellite areas of Ho Chi Minh City with developed infrastructure and transportation. With the promotion of development in the suburban areas of the City to reduce the load on the center, these satellite areas will develop in all aspects such as population, infrastructure, economy,...
Commenting on investment options in the coming time, Mr. Dinh Minh Tuan, Director of Batdongsan.com.vn in the Southern region, said that infrastructure is always one of the major factors driving up and down real estate prices. Meanwhile, the Southern market is having many large infrastructure projects being implemented, bringing great benefits to the economy and tourism, including key projects such as Cai Mep Seaport, Long Thanh Airport, etc.
Within a 60 km radius from key projects, Dong Nai, Phan Thiet and Ba Ria - Vung Tau are attractive markets for investors to consider.
For example, the Dau Giay – Phan Thiet expressway has just opened, the demand for real estate here has increased by 30 – 40%. Traveling from Ho Chi Minh City to Binh Thuan takes only 2.5 hours by car, making this tourism market compete directly with Ba Ria – Vung Tau.
The Bien Hoa – Vung Tau expressway will also benefit the tourism market of Vung Tau and Ho Tram. In addition, the Chau Doc – Can Tho – Soc Trang and Ben Luc – Long Thanh expressways will help increase the competitiveness of investment capital and trade for Long An and the Western provinces. These are also markets that real estate investors can consider.
“HCMC has 20 million people, if only one person travels to Vung Tau once a year, the profit from tourism and trade will be huge, not to mention the number of international tourists or tourists from neighboring provinces,” said Mr. Tuan.
Developing regional transport infrastructure is a way to develop the economy and impact the real estate market.
Sharing the same view on the impact of infrastructure on real estate development, Mr. Su Ngoc Khuong, Senior Director of Savills, said that regional connectivity and urban development infrastructure projects play an important role in connecting and enhancing economic and social cooperation and sustainable development in a large area.
In recent times, Ho Chi Minh City and some neighboring localities such as Binh Duong, Dong Nai, Long An, Phan Thiet, etc. have implemented many projects to enhance regional connectivity. This indirectly creates momentum for the development of the entire real estate market in the South.
In addition, the expansion of infrastructure projects is also helping to increase the formation of urban areas and suburban residential areas, solving the housing and high population density problems for Ho Chi Minh City, creating opportunities for neighboring markets to develop.
Looking at the story of production, trade and logistics, thanks to the highway and beltway projects, inter-regional freight transport will be more convenient, thereby attracting investors, leading to demand for leasing industrial park real estate such as data centers, cold storage... and office rental demand.
In addition, Long Thanh Airport will become a transit point for these two belt routes. The combination of transport works will shorten the time as well as save costs, thereby promoting the transportation of goods from Vietnam to countries in the region. Thereby promoting economic development and making the picture of the real estate market in the South more prosperous in the coming time.
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