Potential fulcrum for real estate
Ben Cat is a young urban area of Binh Duong province. Although it has only recently developed, it plays an important role in the orientation of becoming an urban center with industrial - service functions - a traffic hub of the entire key economic region in the South.
This area has a location advantage when located right in the key economic quadrangle of the South, adjacent to Binh Duong new city, easily connected to the center of Ho Chi Minh City only about 50km and about 20km from the first class city - Thu Dau Mot.
Many real customers and investors register to visit and consult the Richland Residence project on weekends.
According to the development orientation, in the future, Ben Cat will join Binh Duong New City to form the core of Binh Duong Smart Urban Area. This is the center of the Innovation Zone, where the new Administrative Center of Binh Duong province and the World Trade Center WTC - a member of the World Trade Centers Association (WTCA), will be located, with the goal of becoming a destination for international trade exchange and investment cooperation in the future.
In Binh Duong, Ben Cat is also one of the localities with a strongly developed traffic infrastructure, smoothly and synchronously connected with key routes passing through such as National Highway 13 (Binh Duong Boulevard), DT741, DT744, My Phuoc - Tan Van, Ring Road 4... The inner-city routes are also invested in expansion such as 30/4, Hung Vuong, Ngo Quyen, 7A, 7B, creating conditions for Ben Cat to easily connect to industrial parks, urban areas in the South of the province, connecting with Ho Chi Minh City, Binh Phuoc province, and the Central Highlands provinces.
Ben Cat is also one of the localities strongly attracting FDI capital. By the end of 2022, the town had a total investment capital of nearly 55,000 billion VND and more than 9.2 billion USD, accounting for about 25% of the total foreign direct investment capital of Binh Duong province. The average investment attraction in this area increases by 13.64% each year. Up to now, there are a total of 5,985 projects in the area, of which 779 projects attract foreign investment.
Richland Residence project house design
Thanks to the orientation of industrial relocation to the North of Binh Duong, Ben Cat has become a promising locality. Ben Cat currently has nearly 10 large industrial parks that have been systematically planned and put into operation, creating jobs for about 180,000 workers, typically: My Phuoc 1, 2, 3, VSIP 2, VSIP 2 expansion, Thoi Hoa, Rach Bap... In mid-October 2022, the People's Committee of Binh Duong province decided to expand nearly 116 hectares of industrial park land for Ben Cat.
Not only domestic enterprises but also many multinational corporations from Europe, America, Japan, Korea, Singapore, Thailand, Taiwan... are choosing Ben Cat to establish an industrial production "base" because of the fresh environment, convenient traffic connections and rich service facilities, meeting the needs of the majority of workers.
Promoting industrial development will be the driving force for economic growth, while attracting more experts, engineers, and workers to Ben Cat to work and live. This will boost the demand for housing and services, opening up strong development opportunities for the real estate market.
Richland Residence catches the market wave
One of the projects that is attracting attention in the area is Richland Residence located on the frontage of Tran Dai Nghia Street, developed by Kim Oanh Group. Sharing the reason for choosing Ben Cat market to develop residential real estate, a representative of Kim Oanh Group said: "With the rapid development of industry and infrastructure, Ben Cat is currently facing great pressure on housing supply. The proof is that before the Richland Residence project, we have developed a series of other projects in the area such as Mega City, Richhome 1, 2, 3 and through the launch of the product basket, they have all been enthusiastically received by the market" .
The project is currently being introduced to the market at a price of only 1.23 billion VND with a 30% profit commitment. Customers who need to borrow capital will be supported by the bank to borrow 65% with a preferential interest rate of 9.9%/year fixed for 36 months.
At the same time, customers also receive a 6% discount when the transaction is successful, enjoy an early payment interest rate of up to 18%, and a 3-5 tael discount when buying in bulk. In addition, there are lucky draw programs with a total value of up to 12 billion VND.
Richland Residence's infrastructure is complete, the project now has a license to open for sale.
The project integrates many diverse utilities, notably the commercial street planned right in the central area of the project. Richland Residence residents can easily enjoy exclusive privileges and diverse services such as restaurants, hotels, cafes, supermarkets, convenience stores, etc., blending into the vibrant urban life.
In addition to the exciting entertainment experiences, Richland Residence is also a perfect place to live with fresh air from green spaces and diverse internal facilities. The design style brings people closer to nature with a series of facilities: green parks, multi-purpose sports areas, children's playgrounds, kindergartens... fully meeting all the needs of living, studying, playing, and relaxing. Residents will enjoy a complete comfortable life without having to travel far to find it.
In addition to the advantage of a fully-equipped urban complex, Richland Residence is also highly appreciated for its completed infrastructure and legal procedures. The entire key infrastructure of the project has also been completed along with internal facilities. This is also one of the important factors that attracts customers as soon as the project is launched.
“Richland Residence is expected to become a new living symbol right at the northern gateway of Binh Duong, marking the development of a high-class living space in Ben Cat, fully meeting the necessary factors of quality of life, services, and utilities," said a representative of the project development unit.
Lam Anh
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