Moving real estate investment to neighboring provinces of Ho Chi Minh City

Reports of market research companies show that, in April alone, Long An led the market in the southern provinces, accounting for 63% of the total supply, concentrated in Duc Hoa and Can Giuoc districts.

In the strategy of economic restructuring towards service – finance – high technology of Ho Chi Minh City, Long An is considered as an expansion area to relocate industrial plants in the most convenient way.

According to exchanges, the most interested segment in this market is low-cost land for residential purposes. As for long-term investors, who can be financially strong, they are looking for the Shophouse commercial townhouse segment, which can be both residential and business. Some well-known investors from Ho Chi Minh City and Hanoi have been present in Long An.

“Long An has become a potential market, we also chose this to become a key market. The area will be the place where local tourists come to live and transact. In addition, in Duc Hoa is also a where there is a lot of concentration industrial area“, said Ms. Nguyen Thi Hong Hue – Deputy General Director of MIK Home Company.

In 2021, Long An is the 2nd locality in the country in terms of attracting foreign direct investment (FDI). This further promotes investors’ interest in the market real estate here.

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