The Eastern area of Ho Chi Minh City attracts customers with real housing needs.
The real estate market continues to show positive signs. Most recently, the Government has drafted a resolution on a number of solutions to remove obstacles and promote the healthy and sustainable development of the real estate market. Along with that, it has been announced that capital flows for both home sellers and home buyers will soon be cleared, creating better liquidity for the market.
In Ho Chi Minh City, the city has also established a working group to directly meet with businesses and classify each group of problems to resolve. At the same time, key transport projects with connectivity will be prioritized for capital in the coming time, creating a new boost for the real estate market.
Observing recent developments, Mr. Do Ngoc Duy, a sales agent, believes that the real estate market is recovering. "In fact, transactions are not completely frozen, and there are even times when they are quite active, stemming from the needs of real buyers. For them, in the criteria that help make a decision to close a deal, in addition to legality and project progress, location and infrastructure are the most important. Therefore, the city's focus on infrastructure will help customers more clearly identify the coordinates of a suitable residence for them," Mr. Duy analyzed.
In fact, the transport infrastructure of Ho Chi Minh City has been increasingly improved in recent times, most notably in the Eastern region. In particular, strategic projects such as the Ho Chi Minh City - Long Thanh - Dau Giay Expressway, Ring Road 2, Mai Chi Tho, Nguyen Duy Trinh Street expansion project, etc. have shortened the time to get in and out of the city center to only 20 minutes by car. Along with that, Phu My Bridge connecting with the belt routes also expands the ability to connect to neighboring provinces and cities.
From the end of last year to the beginning of this year, a series of other trillion-dollar projects were implemented in the East. Notably, there is the An Phu intersection, with a total investment of about 3,400 billion VND, expected to be completed by April 30. Then the Ring Road 3 project with a total investment of more than 75,000 billion VND, will start construction in the middle of this year, completed in mid-2026, promoting regional connectivity between Ho Chi Minh City and the key economic region of the South.
"With the breakthrough in traffic infrastructure, a series of large-scale urban areas have appeared in the Eastern region, which are an important source of supply for the entire Ho Chi Minh City market, attracting tens of thousands of residents to move here. When the traffic infrastructure has more connectivity, this wave will become stronger and stronger," said Mr. Do Ngoc Duy.
"All-in-one" green metropolis attracts customers with real housing needs
In addition to the attraction of location and infrastructure, the metropolises in the East of Ho Chi Minh City are also chosen by many customers because of their superiority in utilities and technology applications, fully meeting the needs of relaxation, settlement, shopping... As a newly developed area, investors of projects here have the opportunity to create "all-in-one" green urban areas, smart and safe to conquer customers who currently have the need to own apartments.
A typical example is at Vinhomes Grand Park, the management and operation of the entire metropolis is supported by a multi-layer camera system, integrated with FaceID facial recognition capabilities, limiting the movement of strangers into the project. In addition, the smart elevator system allows residents to go to the correct floor, minimizing the risk of apartment break-ins, ensuring a safe life for residents.
Each apartment here is also considered a "home that connects everything" when with just "one touch", residents can handle all services, increase interaction with the investor or the community. Applications dedicated to residents are activated, allowing owners to flexibly control devices in the living space, adding another level of safety and security control to their home.
Along with that, the metropolises in the East of Ho Chi Minh City are also attractive because they always lead the market in terms of scale thanks to the advantage of large land funds. From there, investors focus more on creating landscapes and living environments. These are also the values that residents are looking for after the Covid-19 pandemic. Specifically, according to the Psychology Report and Real Estate Consumer Index in Vietnam published by the website batdongsan.com.vn , 61% of respondents said they like to live near green spaces and gardens, 45% are looking to move to the suburbs and less crowded areas...
Ms. Nguyen Hong Nga (Binh Thanh District, Ho Chi Minh City) - a future resident of the East - shared: "I decided to move house to escape the daily obsession of traffic jams, crowdedness, and environmental pollution. And Vinhomes Grand Park - my new home - has everything: fresh environment, shady green trees, beautiful space, full amenities and services, and convenience right where I live."
Dubbed as "a livable metropolis in Ho Chi Minh City", with an area of trees and water surfaces of up to tens of hectares, built with different themes, Vinhomes Grand Park has recently become a "common home" for tens of thousands of people. The wave of migration here is forecasted to continue to be stronger when key traffic projects are being implemented and completed in the near future.
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