Advantages of investing in land plots of Phu My

Future planning

Phu My town is considered as one of the administrative, economic, cultural, commercial and service centers of Ba Ria – Vung Tau because it belongs to the southern key economic region, with many industrial parks. industry, port services, as well as the arterial transportation system.

The plan is that by 2025, Phu My town will meet the standards of a grade II city and orient to upgrade it to Phu My city. The plan will focus on completing the space of the central urban areas, upgrading and developing the space of new urban areas such as Toc Tien and Tan Hai.

It is expected that by 2030, this place will complete a grade II urban area, perform the functions and roles of an industrial center, an international seaport and meet the criteria of tourism, services, and traffic hubs. national importance.

Towards the largest seaport city in the region

Phu My town attracts investors everywhere thanks to its possession of Cai Mep – Thi Vai deep-water port cluster with 35 wharves. This place concentrates the important industrial zones of Ba Ria – Vung Tau province.

The development of the seaport urban area entails upgrading and expanding transport infrastructure. This area attracts billions of USD of investment capital from large domestic and foreign enterprises. Therefore, the demand for land for business in Phu My increases.

In addition, the construction of Long Thanh International Airport has also had a positive impact on the real estate market in the vicinity, causing land prices to rise. Neighboring areas like Phu My attract investors thanks to their soft prices.

Attracting labor with large industrial zones

One of the factors affecting the land market in Phu My is the high demand for housing due to the large number of workers working in large industrial clusters. Currently, the town has 9 industrial parks and 3 industrial clusters operating with an area of ​​​​nearly 5,000 hectares. In addition, the high-tech industrial park – urban – service project located in Hac Dich ward, Phu My with a scale of up to 600 hectares is about to be deployed in 2022.

With the development of large industrial clusters, every year, Phu My attracts a large number of laborers from all over the world. Currently, there are more than 80,000 employees, of which 90% are from other localities. This is considered a big demand force for the Phu My land market.

Developed infrastructure

Phu My is located about 20 minutes by car from Long Thanh airport. The system of Ring Road 4, Ring Road 3, Bien Hoa – Vung Tau railway, Bien Hoa – Vung Tau expressway, Ben Luc – Long Thanh expressway, and the Trans-Asia highway being completed are the advantages of this market. .

With these advantages, Phu My land is considered to be rich in potential, attracting many investors. According to a survey on Batdongsan website, the number of real estate transactions here increased by 20-30% compared to 1-2 years ago. The price of land plots in Phu My currently has a stable growth trend and will continue to increase in the coming time.

However, experts say that when buying land, investors need to assess the status of the land plot and its potential in the future to make a suitable choice. Buyers also need to consider the size of the project, whether it can be developed into a densely populated place, high feasibility and adequate social infrastructure; At the same time, evaluate the attached utility services such as schools, administrative offices, markets, parks, hospitals within a radius of 1-2km.

Meeting the needs of investors, the 10,000 m2 Ario Park View project was born. The project is located in front of Hung Vuong street, adjacent to National Highway 51, in Phu My town (Ba Ria – Vung Tau); inheriting a convenient transportation network, synchronous and modern infrastructure, anticipating the potential for added value in the near future.

From the Ario Park View project, investors only take a few minutes to move to Highway 51 towards Vung Tau City and Ho Chi Minh City. In addition, surrounding the project is also the administrative center of the town, the People’s Committee of the ward, the KNG Mall, the Co.opMart supermarket, the Phu My golf course, the resort, the Ba Son residential area, the Phu My protein .. .

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