The great appeal of urban planning

The real estate market in the western part of Ho Chi Minh City is currently a hot spot attracting the attention of investors. Among them, Binh Chanh district stands out as a promising "seed" thanks to its rapid urbanization rate combined with the wave of population decentralization from the city center.

Binh Chanh – with great potential to become a "golden land"

Despite economic challenges, Binh Chanh remains a prominent and ideal destination for those seeking a place to settle down. Located at the southwestern gateway of Ho Chi Minh City, Binh Chanh district not only serves as a "link" between the Mekong Delta provinces and the city center, but is also one of the three largest districts in Ho Chi Minh City, covering over 252 km², accounting for 12% of the city's total area, second only to Can Gio and Cu Chi. The district's population has increased 2.5 times in just 13 years, currently exceeding 800,000 people, and growing by an average of 40,000 people annually. It is also the most populous district in the country.

Binh Chanh is emerging as a real estate hub in Ho Chi Minh City.

Numerous key infrastructure projects with total investment capital of billions of USD are opening up strong development opportunities for Binh Chanh. The transportation infrastructure here is systematically and comprehensively invested, including National Highway 1A, Provincial Road 10, National Highway 50, the Ho Chi Minh City – Trung Luong – My Thuan Expressway, Nguyen Van Linh Boulevard, and Ring Road 3. At the same time, the district is also promoting the expansion of key routes such as Vo Van Kiet Boulevard and National Highway 50, as well as the Tham Luong – Ben Cat – Rach Nuoc Len canal renovation project.

Notably, the Metro Line 3A project (Ben Thanh – Tan Kien), spanning 20 km with 18 stations and a total investment of approximately 68,000 billion VND, will shorten travel time from Binh Chanh to the center of Ho Chi Minh City to just 15-20 minutes. Thanks to its convenient transportation system and rapidly developing infrastructure, Binh Chanh is increasingly becoming an ideal destination for population decentralization, creating numerous opportunities for the area's real estate market.

Positioned as a regional economic and service hub, Binh Chanh has continuously improved its transportation infrastructure, creating a foundation for strong development. The district focuses on building infrastructure, public amenities, schools, hospitals, and improving the quality of life. This orientation not only reduces population pressure on the center of Ho Chi Minh City but also promotes the development of industrial zones, urban areas, and high-tech agriculture , making Binh Chanh an attractive location for both living and investment.

People in Ho Chi Minh City are seeking housing solutions in Binh Chanh.

Amidst soaring real estate prices in Ho Chi Minh City, finding affordable housing solutions has become a top priority for many residents. According to recent reports, apartment prices in Ho Chi Minh City have exceeded 87 million VND/m².

According to market research firm Avison Young Vietnam, nearly 90% of the properties launched in the last three months of 2024 are priced between US$3,000 and US$5,000 (equivalent to VND 60-120 million) per ^square meter, belonging to the high-end segment. Meanwhile, the affordable segment continues to be absent.

Land scarcity, restrictions on high-rise project permits, and tightened credit policies for real estate have made mid-range apartments rare. Faced with this reality, buyers tend to shift their focus to suburban areas such as Binh Chanh, Nha Be, or Binh Duong, Long An, and Dong Nai , etc. However, finding a product with good infrastructure and clear legal status in the current market is not easy.

Amidst the scarcity of apartment supply in Ho Chi Minh City, Conic Boulevard (Binh Chanh) quickly attracted the attention of customers and investors. Strategically located at the intersection of Vo Van Kiet Boulevard and National Highway 1A, Conic Boulevard allows residents easy access to central districts such as District 5, District 6, and the South Saigon area via Nguyen Van Linh Boulevard. Furthermore, the project offers convenient access to the Mekong Delta provinces via the Ho Chi Minh City – Trung Luong Expressway.

Conic Boulevard – an ideal destination for both living and investment.

Residents at Conic Boulevard can also easily access all necessary amenities within a 2-5 km radius, such as: Aeon Mall Binh Tan shopping center, Go! An Lac supermarket, Binh Dien wholesale market, City Children's Hospital, schools of all levels, etc.

Conic Boulevard is also located near the Tham Luong – Ben Cat – Rach Nuoc Len canal, a major renovation project with a total investment of 8,200 billion VND. When completed in mid-2025, this project will not only improve connectivity but also increase the real estate value of the surrounding areas, including Conic Boulevard.

Planned on a 5.3-hectare plot of land, Conic Boulevard boasts an ideal construction density of only 28.7%, comprising two 15-story towers and offering nearly 1,000 apartments to the market. The project integrates numerous amenities such as a kindergarten, playground, outdoor sports field, and clubhouse, meeting the needs for a modern and green living space.

With an expected price of 37 million VND/m², Conic Boulevard makes home ownership easily accessible to buyers thanks to a payment policy requiring only a 15% down payment. Viet A Bank supports loans up to 85%, offering preferential interest rates for 18 months and a grace period of up to 60 months for principal repayment. This is a worthwhile opportunity for those seeking housing in Ho Chi Minh City, given the challenges and volatility of the real estate market.

With its synchronized infrastructure development, Binh Chanh is increasingly consolidating its position as an important satellite city of Ho Chi Minh City. The emergence of Conic Boulevard not only aligns with the sustainable development orientation of Binh Chanh district but also opens up opportunities for many young families and investors to own quality apartments.

Source: https://baodautu.vn/batdongsan/binh-chanh-suc-hut-lon-tu-quy-hoach-do-thi-d229768.html