At the beginning of the year, the land of Bau Bang (Binh Duong) was “hot” again?
Records show that, after a “hot” wave in early 2021, by the beginning of 2022, the Bau Bang real estate market, especially the land plot segment, is moving again. Many investors look for projects with soft prices in the area, ranging from 10-15 million VND/m2. Notably, the land plots with the price of about 10 million VND/m2 were searched strongly. Buyers are mainly locals and investors from HCMC. However, the supply in the price range of 10 million VND/m2 in this area is not much for investors to choose.
Currently, in this area, The Sun project is being offered to the market at the beginning of the year with a price of 10 million VND/m2, exclusively distributed by EximRS. This project has 265 land plot products, belonging to the Dream City residential area. Because it is located in front of DX street, helping to directly connect National Highway 13 and Ho Chi Minh City, connecting to My Phuoc – Tan Van axis to access industrial parks, the price is still soft, so the liquidity of this project is recorded. received quite well.
Previously, in this area also appeared a number of projects such as Phuc Dat Gold City Urban Area, Dai Phuoc Molita, New Land Bau Bang Commercial Townhouse, Thang Long Central City, Crystal Central, … however, the price level of these project has grown quite high.
However, compared to the price level in Thu Dau Mot, Thuan An, and Di An areas, the land price in Bau Bang is considered to be quite soft. That is also the reason, at the beginning of the year, investment activities were active in this area. In addition to local investors, investors from Binh Phuoc, Tay Ninh, and Ho Chi Minh City are significantly interested.
Buyers learn about a real estate project in Bau Bang in early March 2022.
According to a regional broker, the land plots at the price range of 10-15 million VND/m2 are interested by investors, mainly investors from Ho Chi Minh City. While the demand for housing is real, people tend to choose urban areas that are well-invested in utilities and infrastructure; near large-scale industrial parks and deployed key roads. The current heat of Bau Bang real estate still belongs to projects with these advantages.
Mr. David Jackson, General Director of Colliers Vietnam said that the potential of Bau Bang real estate market comes from the available advantages of infrastructure, geographical location and development orientation of this area.
In terms of infrastructure, large-scale industrial parks including urban – industrial zones Bau Bang, Tan Binh, Cay Truong and Lai Hung play a particularly important role in industrial production and economic activities of the region. To create a “springboard” for high-tech production as well as to gradually form an innovation-creation ecosystem, a 900-hectare high-tech science-industrial park is also being developed. Not to mention, Bau Bang’s advantage when it is next to two future logistics centers is Cu Chi – Tay Ninh. Therefore, investors are hunting for land in Bau Bang due to the push towards industrial parks and infrastructure.
Industrial zones will make Bau Bang’s production and service activities continuously bustling. Since then, a large number of workers, engineers, experts and entrepreneurs have also gradually flocked to Bau Bang to live and work, creating a market with great real demand for real estate in general, the land plot segment said. private. This place is oriented to develop into an urban – high-tech area in the next 5 years, helping the areas of Binh Duong develop more harmoniously.
Land plot has a price of 10-15 million VND/m2, complete legality is welcomed by investors
According to experts, this orientation helps this area to attract more highly specialized personnel, people with large assets who want to find open living space and full utility services to live and do business. As a result, the real estate segments will develop more diversely, meeting the needs of many residents.
In terms of geographical location, Vietnam Colliers expert said that National Highway 13 allows Bau Bang to play the role of connecting between Binh Duong and the vast Central Highlands region. It is expected that the My Phuoc – Tan Van route – the largest freight route in Binh Duong will also be ready to be put into operation. Other key traffic projects such as Ring Road 3, Ring 4, Ho Chi Minh City – Chon Thanh expressway or Thu Dau Mot – My Phuoc – Bau Bang – Long Nguyen metro will help inter-regional traffic become more and more convenient. convenient.
In terms of development orientation, Bau Bang is planned to become a high-tech urban – industrial center by 2025, focusing on developing logistics services.
“Infrastructure comes first, real estate follows. Good infrastructure has made Bau Bang real estate prices increase by an average of 12-15% per year for the past 5 years. Many investors have also been quick to anticipate the trend. , hold real estate here and expect high profits in the long term,” emphasized Mr. David Jackson.
Records show that, with the land plot projects being priced at around 1 billion VND/plot, the most interest is in this area. This is a price that was considered impossible to find in HCMC many years ago. Undeniably, among neighboring provinces such as Dong Nai or Long An, investors from Ho Chi Minh City seem to still be “in favor” of Binh Duong real estate.
According to an industry expert, within a distance of 20 – 50km around HCMC, Bau Bang is not considered far away from investors from HCMC. For example, investors are willing to go to Phu My (Ba Ria – Vung Tau), Phan Thiet (Binh Thuan), Binh Phuoc or Bao Loc (Lam Dong) to look for opportunities, then Bau Bang can even be considered as ” near the”. Not to mention, the traffic connection from here to Ho Chi Minh City is also very convenient. That’s why, at times, there are real estate projects here that are sold out 100% right at the launch. If there are clear legal conditions, investors are more and more favored by investors.
However, according to experts, in order to choose the province’s land for investment and have good profits, investors need to pay attention to the “classic” principle of checking the project’s legal conditions by many different channels. ; at the same time, research to understand the important factors related to the project. Geographical location, surrounding infrastructure and utilities, reasonable price, liquidity or investor’s reputation are just a few things that need to be carefully considered.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
